Stuart focuses on financial regulation, offering clients advice and guidance in the securities markets, funds and banking sectors.
In an increasingly complex regulatory environment, clients benefit from the insight Stuart gained while working as Chief Counsel to the Financial Services Authority (FSA), where he led the team that focused on primary and secondary capital markets and wholesale firms.
Stuart assisted in the implementation of MiFID, the Prospectus and Transparency Directives, and was responsible for handling a wide range of issues affecting wholesale markets and major financial institutions, including the UK's custody and client assets protection rules, and the development of bank resolution legislation. He was also involved in connection with the bankruptcy of the Icelandic banks, Lehman Brothers and the part nationalisation of RBS and Lloyds Bank.
This combination of reputation, knowledge and experience enables Stuart to help clients to interpret complex regulations, to avert controversies, and to remain compliant in their corporate activities.
Since joining White & Case, Stuart has worked on a number of high profile transactions. These matters include the transfer of the European headquarters of the Brazilian banking group Itaú Unibanco from Lisbon to London and the acquisition by ICBC of the global markets business of Standard Bank Plc. He has advised regulatory authorities both in the UK and internationally.
Stuart is a sought-after speaker and has contributed to conferences, both in the UK and internationally, on the UK listing regime, Rights Issue Review, Prospectus Directive and public offerings regime.
Involved in determining the future of regulatory law, Stuart serves as a member of the Basel Cross-Border Bank Resolution Group, the Treasury Advisory Group on investment bank insolvency, the Law Society's Steering Committee for the Development of the Commercial Laws of Libya, and several working groups of the Financial Markets Law Committee. He is also currently chair of the Supervision & Regulatory working group of the joint Russia–UK Moscow International Financial Centre Initiative, and is a member of the City of London Law Society Regulatory Law Committee.