Expertise

Grace is an experienced financial services regulatory lawyer. She has a particular expertise in payments, e-money and digital forms of money (CBDCs, tokenised deposits, stablecoins). She advises on all aspects of operating a business in this sector and is adept at helping clients navigate the challenges of novel business models and new technologies within developing legal frameworks. Grace also helps clients articulate and shape policy responses to draft legislation and discussion papers.

• Advised a UK consortium of financial institutions who wished to explore how Blockchain and Distributed Ledger Technology (DLT) could use tokenised cash assets to settle securities trades and settle tokenised trades;
• Advised an international payment service provider on the UK FCA's regulatory perimeter and licensing requirements;
• Advised a US tech unicorn on the UK payment services and E-money regimes followed by an application for authorisation;
• Advised a global merchant acquirer on expanding its global footprint and associated licensing issues;
• Advised a UK stablecoin issuer in its engagement with the FCA to issue a GBP backed stablecoin;
• Advised UK industry bodies on policy issues, such as the proposed FCA crypto asset regulation and the UK National Payments Vision;
• In depth experience of advising on different payment facilitator, payment aggregator and e-commerce payment models.