SHIFT Advisory
Financial Services
Regulatory – lawyers
Regulatory – lawyers
Our clients face increasing scrutiny to meet regulatory, compliance and conduct requirements. SHIFT’s team of senior financial services lawyers bring on-the-ground experience in the banking, wealth, funds management, and insurance sectors to help you navigate regulatory change, plus a deep understanding of the conduct overlay.
SHIFT's offer is unique. We offer not only experienced financial services lawyers, but SHIFT Compliance offers senior risk and compliance, ESG and corporate governance. Consultants (see SHIFT Compliance), to fully support your regulatory change project.
SHIFT lawyers work closely with you and your team–not just to summarise the law change, but to offer a pathway to implementation across your business. Rather than diverting existing staff from BAU, let our senior legal support the end-to-end execution of specific projects or join your project teams on a contract basis. SHIFT Compliance also offers regulatory change consultancy services to meet your needs.
We Can Deliver
SHIFT’s senior financial services lawyers can assist with a wide variety of Regulatory Change projects including:
Conduct Regulation
Our lawyers can work with you to help analyse and implement the Conduct of Financial Institutions Bill. They can leverage their experience working with clients on their responses to conduct regulation by the Financial Markets Authority (FMA) from the 2018 and 2019 RBNZ and FMA reviews of bank and insurer conduct.
BS11
Our lawyers support banks on their BS11 regulatory responses – including working with the RBNZ’s policy directives regarding outsourcing of functions and services. These roles cover assessment and uplift of existing bank outsourcing arrangements and embedding RBNZ banking standards into each bank’s ongoing governance.
CCCFA
Our lawyers work within bank and building society teams on their CCCFA regulatory change projects, advising across the entire landscape, considering obligation sets, future needs, and product assessments, through to implementation, and remediation.
Funds Management
SHIFT’s funds management lawyers know the FMCA intimately and can join your existing legal team or provide interim cover. Our expertise includes advising on merger and acquisition activity, assisting with licensing requirements, and reviewing disclosure documents.
Our People
The team is led by Prue Tyler, Director.
Prue Tyler
Director
Prue has 20 years of corporate and financial services experience in New Zealand, working across in-house in New Zealand banks, and in private practice at major law firms. She has a strong understanding of client needs across risk compliance and legal support in regulatory change projects.
Prue Tyler
Director
Prue has 20 years of corporate and financial services experience in New Zealand, working across in-house in New Zealand banks, and in private practice at major law firms. She has a strong understanding of client needs across risk compliance and legal support in regulatory change projects.
TESTIMONIALS
What our clients say…
"We've frequently used SHIFT, and what I really love about the model is there is a crew of really excellent, capable lawyers who are really experienced – particularly in that financial services space. They generally have been in-house at a bank, or a similar financial institution and they can come in and as well as being excellent lawyers, they're familiar with navigating those organisations and the questions you should be asking. You can kind of helicopter them in and they can come in and hit the ground running and work alongside my team and our businesspeople."
Larissa Vaughan
GC and GM of Regulatory Affairs, TSB
What our Consultants say…
“There are a tonne of personal benefits in working for SHIFT. They are just so nice to deal with; flexible; incredibly responsive; very human and you don’t feel like a cog in a big machine. The other massive advantage is I haven’t had to go out and find my own jobs. It’s seamless to find my next role and any gaps between roles are because I choose them to fit my lifestyle. If I knew someone returning from overseas, I would always recommend them to SHIFT.”
Corinne McLean
SHIFT Consultant
Talk to SHIFT about upcoming regulatory challenges.
