Kristina Locmele

Senior Counsel

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
  • 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