John Budd
John Budd
John Budd
Biography
John Budd is a financial services regulatory lawyer based in London. He is a specialist in non-contentious advisory work with a particular focus on banking, payments and fintech.
John advises clients on the full life-cycle of regulated businesses, including licensing matters, compliance with conduct of business and prudential rules, M&A and insolvency/wind-down.
Before returning to private practice, John worked at the Bank of England. He draws on this experience at a regulator to find efficient and practical solutions for clients.
Civic Involvement & Honors
- Listed as a "Rising Star" for Financial Services Regulatory/Non-contentious in IFLR1000
Admissions
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England and Wales
Related Capabilities
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Financial Services Corporate & Regulatory Team
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Financial Services
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Regulation
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Fintech
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Payment Systems
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Cryptocurrency & Digital Assets
Experience
- Advising a UK bank on its online and mobile banking terms and conditions.
- Advising a credit card issuer on payment services perimeter issues related to its concierge business.
- Advising a syndicate of banks on their participation in the New Payments Architecture.
- Advising a US credit fund manager on UK financial services regulatory issues related to its acquisition.
- Drafting the customer terms and conditions for an e-money institution.
- Supporting a universal bank on its resolution planning.
- Advising a mortgage servicer in relation to the Senior Managers Regime and FCA outsourcing rules.
- Advising a fintech client on the implementation of the Consumer Duty.
- Advising a UK bank on the PRA rules applicable to outsourcing its mortgage servicing function.
- Advising an e-money institution on its safeguarding obligations in relation to FX transactions.
- Advising a UK bank on updating its customer terms and conditions to reflect new APP fraud rules.
- Advising a travel search and comparison platform on financial promotion issues.
- Supporting a European investment bank with the launch of a cash pooling product in 25+ jurisdictions.
- Advising a fintech client in relation to certain AML breaches, including disclosure to the FCA.