Band 2
Band 3
Band 3
About
Provided by Nicholas Medcroft KC
Practice Areas
Nicholas Medcroft KC’s practice spans commercial dispute resolution, banking, fraud, corporate crime, financial services, professional negligence and professional discipline.
He is regularly instructed in major commercial disputes, especially those with a financial services or fraud/breach of trust element. He is particularly well known for his expertise in POCA and money laundering and regularly acts for financial institutions caught up in fraud.
He has extensive experience of big-ticket disciplinary and regulatory proceedings and has acted in many of the major corporate collapses and accounting scandals in recent times.
He is recommended as a leader in his field in the legal directories, where he is described as “a fantastic legal mind”; “a great court performer”; “a great strategic thinker and a complete team player”; “he can operate seamlessly across commercial law, professional regulation and criminal law.”
His notable cases include MG Rover; BHS; the collapse of Carillion plc; the collapse of Silentnight; FSA v Alexander (the first market abuse case to be brought by the FSA in the Chancery Division); the Marrache fraud litigation in Gibraltar; Shah v HSBC Private Bank (the leading case on the conflict between a bank's duties to its customers and its duties under POCA); N v Royal Bank of Scotland plc (whether POCA excludes the court’s jurisdiction) and the Potters Bar and Tebay rail accidents.
Career
Called 1998; Silk 2019; Recorder 2018.
Professional Memberships
COMBAR, Financial Services Lawyers Association.
Chambers Review
UK Bar
Nicholas Medcroft KC is a highly experienced barrister who is well versed in representing significant financial institutions in investigations brought by the Serious Fraud Office and the Financial Conduct Authority. He frequently handles cases relating to money laundering and tax fraud as well as regulatory failure. His practice builds on complementary expertise in professional discipline, and he has a strong record of arguing cases before the Financial Reporting Council.
Nicholas Medcroft KC is particularly admired for his strength in handling commercial litigation in a regulatory context, where he advises clearing banks and individuals who are undergoing FCA investigation and enforcement proceedings. He is also instructed by the FCA and FRC.
Nicholas Medcroft KC is a specialist in professional discipline cases in the financial services sector, who regularly prosecutes bankers, accountants and corporate finance advisers. He is also instructed to defend financial institutions in disciplinary proceedings. He also has a strong advisory practice which takes in complex regulatory and compliance issues.
Strengths
Provided by Chambers
"Nicholas is an anti-money laundering expert. He is very responsive, down to earth and knows his subject extremely well."
"He is a very good barrister. He's very measured, and has a good way of calming down matters in court and getting to the nub of the issues. He is thorough and methodical, and his oral advocacy is good."
"The guru in accountant disciplinary work. I would go to him above and beyond anyone else."
"Nicholas has bags of experience, he is good on detail and strategy, and his advocacy is understated but very compelling."
"He has such a brilliant common sense; he can strip away masses of data and just tell you what is at the heart of a case, that's his skill."
"Nicholas is really hard-working, extraordinarily sharp and hands-on."
"He is fantastic. He's on the money and able to give incisive comments. He has a collaborative and collegial demeanour and a sense of humour."
"Nicholas is an anti-money laundering expert. He is very responsive, down to earth and knows his subject extremely well."
"He is a very good barrister. He's very measured, and has a good way of calming down matters in court and getting to the nub of the issues. He is thorough and methodical, and his oral advocacy is good."
"The guru in accountant disciplinary work. I would go to him above and beyond anyone else."
"Nicholas has bags of experience, he is good on detail and strategy, and his advocacy is understated but very compelling."
"He has such a brilliant common sense; he can strip away masses of data and just tell you what is at the heart of a case, that's his skill."
"Nicholas is really hard-working, extraordinarily sharp and hands-on."
"He is fantastic. He's on the money and able to give incisive comments. He has a collaborative and collegial demeanour and a sense of humour."
Discover other Barristers at
Fountain Court Chambers
Silks (KC)
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London (Bar)
