Addleshaw Goddard has announced a new leadership role for partner Amanda Hulme, as head of the firm's Financial Regulation practice - a 22 strong team, with 6 partners, specialising in providing non-contentious financial service regulatory advice to big named clients in wholesale and retail financial services and to building societies.
Amanda is a highly rated consumer finance lawyer, as well as having a leading regulatory practice in consumer credit regulation and payment services, and provides regulatory advice to a significant number of financial services clients including all the UK clearing banks.
Amanda has recently been singled out for the "Best Client Partner 2014" category in Legal Week's 2014 survey of FTSE 100 General Counsel for client service and satisfaction. In addition, Chambers & Partners' Guide 2015 recognises her as, "one of the country's leading experts in consumer credit and regulation. She has a diverse client following and regularly advises on regulatory issues".
Amanda will combine client responsibilities with her new role which was previously held by David Heffron. She has recently advised on large scale, high profile remediation exercises for a number of firms and advises a global technology company on regulatory issues involved in the development of its payment strategy.
Commenting on her appointment, Amanda said: "Our financial regulation team has gone from strength to strength, with a 50% increase in revenue in the last 12 months and has grown significantly in all respects by deepening its connections with key institutional clients. We have a superb team providing highly innovative advice for market leading clients and I'm looking forward to building on our strong platform."
The past 12 months, the team has taken on an experienced senior compliance adviser, as well as two significant legal hires from Barclays Bank and Royal Bank of Scotland.
The team is particularly well known for its market leading retail financial regulatory advice, but also has a strong wider financial regulatory offering, serving much broader needs of clients in the financial services sector. In the past 12 months, the team has won a position on Nationwide Building Society's panel and secured several new clients, including London Metal exchange, SCM Private, Affinion, Charles Stanley The ECU Group and has also been appointed to OneSavings Bank legal panel.
Other clients that regularly instruct the team include Lloyds Banking Group, Barclays Bank, American Express, Coutts & Co, HSBC, Aviva, Hamilton Lane Advisors, Investec Asset Finance, MBNA and Rathbone Brothers.