Andrew Carnes

Date of call: 1984 Lincoln's Inn

Full CV

AJC Full CV (PDF 240 kb)

Prior to practice at the Bar, he acted as in house legal advisor and Compliance Officer for the major investment banks UBS and Nomura advising on a full range of regulatory and corporate finance issues, including aspects of international and European investment services regulation and a range of litigation.

He advises on all aspects of financial services law and regulation including the application of EU financial services directives. Conducting regulatory and disciplinary proceedings and advising on financial services, compliance and risk management arrangements generally. His experience includes corporate finance, fund management, private equity and hedge fund regulatory issues, both on shore and off shore. He has been recently instructed to defend proceedings concerning market abuse, pensions mis-selling, split capital investment trusts, analyst misconduct, and corporate finance M&A issues for listed and non-listed companies. He successfully conducted the defence of a substantial financial services related money laundering trial brought by the SFO in 2003, giving rise to a substantial quantity of money laundering advisory work and related civil proceedings on behalf of financial institutions. Recent advisory work includes matters concerning IFA’s, insurance intermediaries, split capital trusts, payment protection insurance, the Lloyd's market, derivatives, offshore and onshore money laundering compliance and risk management issues and the application and implementation of MIFiD.

He conducts disciplinary and advisory work in relation to other related professional disciplinary bodies (e.g. accountants, actuaries and solicitors) acting most recently in proceedings for the Law Society and the Institute of Chartered Accountants of Scotland and advising auditors in relation to off shore tax structures.

He is also the principal contributing editor on the leading textbook on disciplinary and regulatory proceedings and another on financial services enforcement publications set out below.

APPOINTMENTS
Bar Disciplinary Panel
Founding Committee member, Association of Regulatory and Disciplinary Lawyers

AFFILIATIONS
COMBAR
SE Circuit

OTHER BARS
Bar of New South Wales (1985)

EDUCATION
Kings College School, Wimbledon
Leicester University LLB (Hons)
SFA Registered Representative Examination

LANGUAGES
French

DIRECTORIES
Chambers & Partners, 2010:
Recommended junior in Professional Discipline: “The bullish Andrew Carnes conducts regulatory and disciplinary proceedings and advises on financial services and compliance arrangements generally. He inspires confidence with his knowledge and calm nature. (He) blends a knowledge of the financial world with an ability to think outside the box" (2008) and "a knowledgeable and adept tactician" (2010).

www.regulatorylaw.co.uk

CLERKS EMAIL
Michael Kaplan and Elliot Langdorf