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What the team is known for Linklaters uses its close ties with the UK's financial regulators and its active participation in industry bodies to provide a broad range of FinTech clients with an exemplary level of legal service across related financial and technological practice areas. The firm has been a core member of the UK Jurisdiction Taskforce and contributed to the legal guidance note on the status of cryptoassets and smart contracts under English law. Clients can take advantage of Linklaters’ global network, particularly in key FinTech hubs such as Germany, Singapore and Hong Kong.
Strengths"We come up against Linklaters all the time. The firm distinguishes itself from other magic circle firms and elsewhere in that the team there is more committed to FinTech than others."
"What I like about Linklaters is that they've got batting all the way down to number eight; they've got real strength in depth. I can honestly say that they're the most pleasant team that I've worked with in this field. That's impressive, given FinTech lawyers are usually a different breed of practitioner than most areas."
Work highlights Continues to advise Fnality International on its project to develop a new global, wholesale payments system which aims to achieve instant settlement through the transfer of a digital cash instrument between participants on a private blockchain.
The "bright, thoughtful, focused and helpful"
Harry Eddis is a partner in the financial regulation group and co-heads the global FinTech team. His practice revolves around financial markets regulation in matters of authorisation and market conduct requirements. "He's the most active in the Linklaters team from our perspective," insists one interviewee. "Harry is professional, smart and curious about FinTech. Impressively, he's willing to analyse a problem from first principles when required," says a market expert.
Richard Hay is the firm's UK head of FinTech. Hay has been an active participant in numerous international regulatory and standard-setting bodies like the OECD, the FSB and the CPMI. His area of expertise is in capital markets and payment structures, notably trading, clearing, payment and settlement systems. "Richard's one of the main spearheads of the firm's FinTech initiatives," enthuses one client. Another interviewee says: "He's been given the mantle to lead a lot at Linklaters and he's really the one building a strategy there. He's driving it all."