Oliver Assersohn is a commercial/ Chancery and regulatory barrister specialising in banking and financial services and is recommended by the foremost independent legal directories for financial services. Chambers & Partners describes him as “a highly regarded junior who is an expert at handling complex issues relating to mis-sold investments and breaches of the perimeter…An effective advocate…”. Previous editions said “an absolute delight to work with”, “…[his] written work is always excellent, he provides clear and practical advice and he deals with clients in a very empathetic manner” and a “financial services and banking specialist who has a wealth of expertise in the area. He has a broad chancery and commercial practice…He is incredibly diligent and hard-working, and continues to impress with his technical knowledge.” Also ranked by Legal 500 for financial services and banking and finance who describe him as “…a truly excellent barrister…”.
Commercial/ Chancery work: A substantial element of Oliver’s work has a banking or financial services angle to it and he has acted for institutions, funds, family offices and individuals. In addition to an analysis of the contractual, equitable and common-law position Oliver is able to bring to bear his detailed knowledge of the Financial Services and Markets Act (2000), the regulatory regime more generally and the impact of the FCA rules on a civil claim. Oliver has also undertaken a broad range of non-financial services related commercial or Chancery cases for negligence and breach of contract as well as being instructed in insolvency claims, interlocutory applications and jurisdictional issues with particular experience of forum non conveniens issues.
Financial services work: Oliver acts for individuals and institutions subject to investigation by the FCA and is currently involved in assisting both firms and individuals facing both domestic and multi-jurisdictional investigations. He has extensive experience of market abuse and insider dealing issues and of advising investors, investment advisors and others in relation to investment schemes and other perimeter matters. Acted in first ever case to be referred to the Upper Tribunal in which a firm had agreed a focused resolution agreement but disputed the FCA’s proposed level of penalty. Oliver was previously seconded to the Regulatory Decisions Committee of the FSA (which decides contested enforcement decisions) and advised the FSA in a number of cases as well as having been instructed by the enforcement division. He is the editor of the Decision Procedure and Penalties Manual Commentary in Butterworths Financial Regulation Services.
Arbitration and international work: Instructed initially as sole counsel and subsequently leading Tom Stewart Coats on behalf of an African State defending a US$300,000,000 claim for alleged breaches of a bilateral investment treaty. Also acted for states in respect of issues surrounding questions of state immunity and multi-jurisdictional commercial disputes. Associate Member of Chartered Institute of Arbitrators.
Please see sections below for examples of Oliver’s work.