About

Provided by Eversheds Sutherland

We are one of a very small number of firms to have a practice which focuses solely on Payments.

The team is best known for its work on PSD2, Open Banking, and large-scale payments transactional and assurance projects. We provide strategic advice on launching new products, implementing new payments legislation, as well as addressing complex technical and operational issues. Our recent work includes advising on high-risk, high-profile transactions in the payments sector, where outcomes can significantly impact client business models.

Other work includes compliance strategies and advising on “first of a kind” mandates, such as central bank digital currencies and innovative payment solutions. We also engage with regulators and industry bodies on key sector issues and have supported regulators on writing payments regulatory guidance.

Our team in the UK is supported by colleagues across the US, Europe, and Asia. Clients include banks, card payment networks, credit card issuers and merchant acquirers to payment facilitators, e-money institutions and third party payment providers, as well as major retailers and global brands. Our global reach and knowledge leadership are evidenced by regular publications and a yearly Payments Horizon Scanner.

Chambers Review

Provided by Chambers

Financial Services: Payments Law - UK-wide

2
Band 2

What the Team is Known For

Eversheds Sutherland has an accomplished payments practice and acts for a range of clients including banks, issuers of credit cards, and payments services firms. The teams work is broad and includes everything from M&A to advice on open banking.

Strengths

Provided by Chambers

Notable Practitioners

Provided by Chambers

Richard Jones
1
Richard Jones
Head of Financial Services: Payments Law
1
Band 1

Richard Jones is head of the Eversheds payment services group and is recommended for his expertise with regard to payment issues concerning card issuers, banks and other financial institutions. He also advises on payment-related product launches.

His advice is technically excellent, practical and reflects an extensive knowledge of the industry practice.

Richard is great to work with and provides excellent advice.

He has excellent knowledge and industry connections and has a depth and breadth of experience.

Richard is a pleasure to work with and is incredibly responsive.

He understands the regulator's view on key issues and the commercial drivers in the sector, which enable him to provide appropriate advice to advance our strategic objectives.

Ruth Fairhurst
Associates to watch

Ruth Fairhurst is an esteemed legal director who has experience working in the FCA's payments department. Her clients include banks and she often advises on compliance and new product launches.

Ruth is impressive and is incredibly polite and responsive. She meets her agreed timescales and doesn't have to be chased.

She is a competent payments lawyer and her grasp of payment service regulation, industry developments and the underlying system technology is invaluable. She is highly responsive and personable.

Ranked Lawyers at
Eversheds Sutherland

Provided by Chambers
Filter by
Band

UK-wide

Financial Services: Payments Law

Richard Jones
1
Richard Jones
Head of Financial Services: Payments Law
1
Band 1
Ruth Fairhurst
Associates to watch

Members

Provided by Eversheds Sutherland

Richard Jones

Richard Jones

Head of Department

Tim Fosh

Clients

Provided by Eversheds Sutherland

Acquirers

Banks

Card schemes

E-money

Facilitators

Issuers

Industries

Provided by Eversheds Sutherland

Banking and financial institutions

Fintech’s

Infrastructure

Professional services

Retail

Technology

Transport