Ranked in 4 Practice Areas
2

Band 2

Financial Crime: Corporates

London (Bar)

12 Years Ranked

3

Band 3

Financial Services

London (Bar)

14 Years Ranked

3

Band 3

Professional Discipline

London (Bar)

11 Years Ranked

3

Band 3

POCA Work & Asset Forfeiture

All Circuits

1 Years Ranked

About

Provided by Nicholas Medcroft KC

UK Bar

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

Provided by Chambers

UK Bar

Financial Crime: Corporates - London (Bar)

2
Band 2
Individual Editorial

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.


Professional Discipline - London (Bar)

3
Band 3
Individual Editorial

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.


Financial Services - London (Bar)

3
Band 3
Individual Editorial

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.


POCA Work & Asset Forfeiture - All Circuits

3
Band 3
Individual Editorial

Nicholas Medcroft KC has considerable expertise in POCA matters and unusually has experience on both the criminal and civil aspects of POCA. He has regularly been instructed by a number of banks involved in POCA cases.

Strengths

Provided by Chambers

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