Lorraine provides commercial and insightful advice on key regulatory developments affecting a variety of financial services firms. Lorraine specialises in all aspects of financial regulation and works with a broad range of clients in the FinTech and RegTech space, from start-ups to global investment firms launching new services or products. Lorraine has an in-depth knowledge of the Payment Services Directive 2 (PSD2) and its impact on the retail banking sector, as well as Open Banking. Lorraine also advises clients on the regulatory environment for Initial Coin Offerings (ICOs) and cryptocurrency trading. Lorraine has worked with UK and overseas banks and investment firms on new governance arrangements as a result of the Senior Managers and Certification Regime (SMCR) as well as the impact of FCA rules on Conduct Risk.
Lorraine also advises on the revised Markets in Financial Instruments Directive (MiFID II), the Alternative Investment Fund Managers Directive (AIFMD), the Benchmark Regulation (BMR), and the PRIIPs KID Regulation. Prior to qualifying, Lorraine worked in the wholesale enforcement division of the financial regulator. Lorraine has also been on secondments to the UK’s leading building society and a hedge fund.
