An unprecedented technology revolution is taking place within the financial services industry. FinTech is a huge and growing industry — a trajectory that looks set to continue. As technology evolves, the provision of financial services must evolve along with it. It’s time to rethink traditional approaches to regulatory and legal issues. Shearman & Sterling offers clients a combination of experienced counsel and a global footprint in key financial centers and FinTech hubs around the world.

FinTech provides opportunities for disruption and innovation. The complexity of financial products, constantly changing regulatory requirements, and the need to improve profitability and streamline processes are driving the industry to deploy a growing range of finance-related technology solutions. However, these opportunities are not without their challenges, both for established financial sector businesses and newer entrants to the industry. Getting the right support to navigate this evolving legal and regulatory environment has never been so important. Our lawyers advise clients pursuing strategic transactions, regulatory compliance and litigation matters that relate to FinTech and financial services more broadly.

Our advice covers:

  • Accelerators & innovation labs
  • Artificial intelligence
  • Blockchain technology & distributed ledger models
  • Consortiums, joint venture, M&A activities
  • Crowdfunding & peer to peer lending
  • Connectivity
  • Data services and data privacy
  • Digital banking
  • Financial regulatory implications
  • RegTech / Robo advisor applications
  • Virtual currencies

With the rise of financial technology, the financial services landscape is changing — our experienced lawyers are at the forefront of industry developments and will be with you every step of the way.

Insurance & Reinsurance 

Mirroring the changes taking place across the broader financial services industry, insurance and reinsurance companies face macroeconomic, social and regulatory changes all likely to impact the marketplace and how you do business.

Looming heightened regulatory oversight, increased threat of cyber-attacks, disruption from new technologies, increased M&A activity, new product development and tax reform challenges are the new norm requiring strategic and thoughtful counsel.

Through our global coverage in the major financial centers of the world — New York, London, Frankfurt, Hong Kong — our market-leading lawyers provide strategic and thoughtful counsel to many of the world's largest insurance and reinsurance companies and intermediaries, whether onshore or offshore, and their financial advisers.

We are agile and responsive, supporting our clients seeking opportunities arising from industry developments and legal reforms and advising them on a range of legal issues:

  • Insurance M&A, restructurings and setting up new operations
  • Insurance and Reinsurance policies
  • Intermediary, distribution, outsourcing and other commercial agreements
  • General corporate advice to insurers and reinsurers
  • Financings and insurers’ securities offerings
  • Insurance derivatives, risk securitizations, transformer vehicles and captives
  • Demutualization and mutual holding company structures
  • Regulatory investigations and litigation
  • Cyber security / risk management
  • Tax