Caroline is a financial markets litigation specialist with a particular focus on wealth management firms and complex products sold to high net worth investors. She also regularly advises on the contentious regulatory aspects of the FCA’s product and distributor governance in the retail structured products and asset management sectors.
Caroline has been recognised in the major UK directories for a number of years and is currently ranked by Chambers UK 2015 as a leading individual in banking litigation. It notes Caroline as being regarded by sources as “absolutely first rate”.
She is also listed as a “Super Lawyer” for banking in London Super Lawyers Magazine 2014.
In 2009 Caroline was seconded to the wealth management division of a major bank where she headed up their litigation function. This has given her an in-depth insight into the challenges faced by in house counsel and how external lawyers can best support them.
Caroline is responsible for the firm’s eDiscovery function. Having had over 10 years’ experience using electronic review platforms and bringing a wealth of experience in managing large scale disputes, Caroline is perfectly placed to drive the strategy of the team so that it provides the best solutions for our clients.
- Recent Work
- advising a bank in relation to an investigation by the FCA
- advising an investment bank on its regulatory obligations relating to a potential market abuse issue
- advising various banks on their implementation of the FCA’s 2012 Guidance on Retail Structured Product Governance and FCA expectations following the 2015 Thematic Review
- advising a financial institution regarding widespread mis-selling claims arising from an AIG Life Bond, including various issues arising from complaints made to the Financial Ombudsman Service
- successfully defending (at first instance and Court of Appeal) off-shore directors against claims relating to breaches of BVI directors duties. This raised particular issues regarding indemnities in Articles of Association
- advising a bank on its financial promotions and their interactions with the FCA on the same
- defending a number of financial advisors and their insurers against claims made by the Financial Services Compensation Scheme in respect of alleged mass miss-selling of Key data income bonds.
Caroline was educated at the University of Oxford where she read Jurisprudence. Caroline joined Simmons & Simmons in 1997 and became a partner in May 2008.