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Founded in 2012, Signature Litigation has grown into one of London’s pre-eminent specialist dispute resolution practices. From the outset, we set out to do things differently: a conflict-free, disputes-only platform designed to give clients the undivided focus and strategic agility that complex, high-stakes matters demand.
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Established in 2017, Signature Litigation's Gibraltar office was founded to address growing demand for specialist expertise in commercial litigation and private wealth disputes on the Rock.
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Signature Litigation AARPI houses one of France’s most enviable product liability practices, with the team also handling commercial and corporate litigation, insurance and reinsurance, toxic tort and ESG, civil fraud and asset tracing, international arbitration, administrative and public law.
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Frankfurt has emerged as one of Europe's foremost financial and commercial centres and, increasingly, as a bridge between European and Asian markets. With that growth comes an increasing demand for sophisticated dispute resolution. Signature Litigation established its Frankfurt office to meet this need, bringing our conflict-free, disputes-only platform to the German market.
FIND OUT MOREPartner Abdulali Jiwaji comments in City AM in relation to the Financial Conduct Authority's recent enforcement actions against Starling Bank and Metro Bank. Abdulali's comments were published in City AM, 13 November 2024, online here, as well as in print.
“This is a significant fine, hot on the heels of the action against Starling Bank in September 2024, and underscoring the messaging from the FCA’s review of financial crime controls at challenger banks undertaken in 2022.
There is still a lot for challenger banks to play for and the FCA will welcome growth in this sector. But that is not going to be at the expense of financial crime control. It is important that challenger banks learn the lessons from the various regulatory announcements, which will allow them to move forward stronger than before.
Challenger banks should, as they move forward, take note of the good practices identified in the FCA’s 2022 review, including use of new technology to verify and monitor customers and regular updating of financial crime policies and procedures.
While technology can help to support financial crime controls, it is important that systems are reviewed so that they remain fit for purpose as the business develops and grows. In this, it is always going to be an aggravating factor if red flags raised internally are not picked up on and addressed promptly. By contrast, it will help in a later regulatory investigation if the bank cooperates, and can demonstrate investment in additional resource and capability to manage the risks arising.”
