We have a broad range of experience advising and acting in matters relating to retail and investment banking, financial transactions and financial services regulation.
In retail banking matters, Lamb Chambers members deal with issues relating to mortgages, securities, consumer credit agreements, payment disputes, e-banking bonds and guarantees. We also have a great deal of experience dealing with debt-factors and asset based lending disputes.
Many of our members have particular experience of development finance for construction, engineering and infrastructure projects.
We provide advice in relation to the regulation of financial services under the Financial Services and Markets Act 2000 (“FSMA”) and associated legislation.
Members of Lamb Chambers’ Commercial Group have become increasingly involved in litigation between SMEs and the major banks over the sale of finance linked interest rate swaps and derivatives and implementation of the Financial Services and Markets Act 2000 and the FCA Handbook, including the COBS rules.
We also have experience of acting in complaints to the Financial Ombudsman for financial institutions and customers alike.
Who we act for
- Asset based lenders, including major banks, building societies and finance houses
- Independent Financial Advisers
- Individuals (in connection with their financial arrangements)
We can assist in the following areas
- Bank payments, mandates, cheques and bills of exchange
- Banking disputes
- Consumer credit
- Letters of credit