Tim specialises in advising firms on financial services regulation, particularly compliance with FSMA, FCA regulation and the requirements of the FCA Handbook. He acts for a variety of banks, finance houses and other financial services providers in relation to both contentious and non- contentious matters arising out of these regulatory and compliance issues, such as affordability assessments & creditworthiness, approved persons authorisation, outsourcing and TCF. He has recently advised a range of firms on the impact of the Consumer Rights Act on satisfactory quality disputes. Tim also advises on a range of other financial services compliance areas, such as the Senior Managers regime and the requirements of the Clients Assets sourcebook.
Joanne Davis is a Partner in the London office Locke Lord LLP and Head of the Firm’s Asset, Leasing & Consumer Finance division in the UK. She is also a member of the Consumer Finance practice group in the banking and finance department, working closely with the litigation department.
Jo deals with a wide range of matters from consumer credit advisory, transactional matters, through to financial services regulation and compliance to include compliance with the FCA handbook and Consumer Credit Sourcebook implementation. She also assists clients and advises on asset and motor finance asset recoveries, finance litigation and dispute resolution.
Jo advises business on new products launches and offers general regulatory advisory services to include setting up UK business that are new to regulation and financial services in the UK to include advise on corporate governance, approved persons and the senior managers regime. She has worked with a number of well-known finance providers in the automotive, asset and consumer finance and leasing industries as well as banks.