Shoosmiths’ Financial Services (FS) team advise across the full spectrum of financial services activity—from FCA authorisations, product design and commercial partnerships to building compliance and assurance frameworks and supporting clients on investigations and remediation projects.

Our clients include high street banks, consumer lenders, fintechs, insurers, asset finance providers and payment services and e-money providers. We’re known for making complex regulation clear, and for helping clients move fast without cutting corners. Our advice is practical, commercial and always tailored to your business reality. We help you stay ahead—whatever’s next.

• advising a start-up consumer credit lender on its FCA authorisation application and product launch

• simplifying a bank’s product terms and conditions to a reading age of 11 in line with Consumer Duty

• guiding a consumer credit lender through a skilled person review and providing assurance of their remediation programme

• designing a remediation programme for an international bank following FCA breaches

• helping clients fund a variety of asset types via multiple finance lines (e.g. operating and finance lease, hire purchase, rental and short-term commercial loans)

We support clients with FCA authorisations, variation of permissions, change of control applications, and regulatory notifications. Our team also advises on reporting obligations and compliance strategies. Many of our lawyers have worked in-house, giving us a practical edge in spotting issues early and delivering tailored, commercial solutions.