Partner & Head of BWB Compliance

Experience

Gillian advises financial services firms on the regulatory issues affecting them. She runs our financial services regulatory consultancy, BWB Compliance.

Gillian’s compliance experience spans a wide range of financial sectors. Her area of particular specialism is regulation for the venture finance industry – companies involved in providing finance to SMEs. Her clients in this part of the market range from venture capital and private equity investment houses to corporate finance advisers and business angels. She is particularly well known in the EIS, crowdfunding and P2P lending industries for being the go-to consultant for regulatory support.

The advice Gillian provides covers all areas of regulation that affect UK financial services companies including the FCA rules and regulation from Europe such as AIFMD, MiFID and PSD. Her advice is both technical and practical, with Gillian taking particular pride in making sure her recommendations are closely tailored to the needs of each client.

Gillian especially enjoys advising firms on their regulatory strategy for significant changes to their business such as the launch of new products and services, the need for new regulatory permissions and complex changes in ownership structure.

More widely, Gillian has supported clients in a range of sectors from wealth management, social impact investing, banking, e-money and payment services, custodians, consumer credit, property funds and hedge funds.

Examples of Recent Work

  • Training the compliance officer and money laundering reporting officer for a newly authorised firm
  • Advising on establishment of a new P2P platform structure
  • Integrated compliance review for a robo adviser's online marketing campaign
  • Advising a private bank on the compliance risks of alternative assets
  • Creating compliance framework for online transaction platform
  • Regulatory due diligence for a PE firm seeking to acquire a FinTech company
  • Designing appropriateness tests and compliant user journeys for an ecommerce business
  • Reviewing financial promotion of retail-focussed alternative investment fund
  • Devising a policy for social media compliance for an asset manager
  • Advising a product provider on their design and distribution governance
  • Performing a complete health check for a fund manager
  • Advising a foreign crowdfunding platform on regulatory strategy for setting up in the UK
  • Preparing a variation of permission for a firm seeking client money permission
  • S166 review of a financial promoter
  • Representing a wealth manager to the Financial Ombudsman Service

Qualifications and Career

  • Head of BWB Compliance at BWB 2016
  • Principal and Head of Venture Finance at Bovill, 2014
  • CISI Investment Compliance Diploma 2012
  • Regulatory Consultant at Bovill, 2011
  • Investigations Adjudicator at The Law Society of England and Wales, 2009
  • Birkbeck, University of London, MSC in Conflict Resolution, 2011
  • Technical Adviser at The Law Society of England and Wales, 2008
  • Team Coach and Adviser at The Law Society of England and Wales, 2006
  • Investigator at The Law Society of England and Wales, 2004
  • University of Leicester, LLB Law with French Law and Language, 2004
  • Université de Jean Moulin, Lyon III, DEUF diploma in French Law, 2003

Pro Bono, Memberships and Appointments

  • Board Member at EIS Association
  • Chair of Regulatory Committee for EIS Association
  • Member of Chartered Institute for Securities and Investment (MSCI)
  • Start-up Advice Supervisor at Queen Mary University’s QLegal programme (2015-2016)
  • Member of Technical Committee at UK Business Angels Association (2013-2016)
  • Community Mediator, CALM Mediation (2010-2015)
  • Panel Member, Wandsworth Youth Offending Team (2006 –2008)