Recent work
Kristina is a senior counsel in our Financial Regulation Group and a member of our Fintech and Financial Institutions Groups.
She advises both financial institutions and non-regulated firms on the financial regulatory aspects of a broad range of matters and projects, including new authorisations, regulatory perimeter issues, expansion into new products and territories, conduct of business requirements, organisational and governance arrangements, as well as corporate restructurings and group reorganisations. She has particular expertise in all aspects of e-money, payments and consumer credit regulation.
Kristina is a member of our European Financial Institutions Group (comprising the regulatory teams of Slaughter and May and our European relationship firms), its anti-money laundering working group and the Financial Markets Law Committee’s securities markets scoping forum. She is recognised as a ‘Rising Star’ in the ‘Financial services: Non-contentious Regulatory’ section of Legal 500.
Recent highlights include advising:
- Standard Chartered on the creation of a digital retail investment platform focused on sustainable investments
- Handelsbanken on the establishment of a UK subsidiary to ensure business continuity post-Brexit and, as part of this, the implementation of significant intra-group outsourcing arrangements
- Checkout.com on a range of regulatory, new product and territory initiatives across the UK and Europe;
- abrdn on the disposal of its capital-intensive insurance business to the Phoenix Group
- NewDay, the major UK non-bank lender and card issuer, on a wide range of financial regulatory matters (including while on secondment with their legal team)
- TSB, carrying out an independent review of the issues arising from its early 2018 IT migration.
“Kristina Locmele is a fantastic senior counsel who works with our team on complex regulatory and product matters. She is a trusted pair of hands who is able to engage with the real-world challenges faced by our business.” Legal 500 2023