Elias Allahyari is an associate in the Financial Institutions Advisory & Financial Regulatory practice.
Elias advises a wide range of clients, including banks, hedge funds, corporates, financial technology companies, investment banks, fund managers, exchanges, clearing houses, benchmark administrators and trading platforms, in connection with various advisory and regulatory issues affecting their business.
- Morgan Stanley, Citi, Bank of America, Wells Fargo and numerous hedge funds on the SVB and Credit Suisse situations.
- Danske Bank A/S in investigations by DOJ, the SEC, and Danish criminal authorities arising from its former Estonian branch, resulting in a USD 2 billion global settlement.
- A major financial technology group in connection with U.K. and EEA regulatory and legal issues, including compliance with PSD2 and the U.K. Payment Services Regulations, AML, consumer credit rules, Brexit contingency preparations and obtaining authorisation in an EU member state.
- A major banking group in connection with post-Brexit structuring, to facilitate the carrying on of activities in the U.K. and the EEA.
- A major banking group in connection with it obtaining U.K. authorization, including ongoing advice on the U.K. senior managers regime.
- Various financial institutions and corporates on compliance with anti-money laundering, sanctions and cybersecurity compliance.
- Various financial and cloud-based institutions on business process, IT and offshore outsourcings.
- Abu Dhabi National Oil Company (ADNOC) on the establishment and launch of two new trading units: ADNOC Trading and ADNOC Global Trading.
- The ICE group on its U.K. exchange and clearing businesses.
- A U.K. investment firm in connection with Brexit contingency planning.
- Abu Dhabi Global Market (ADGM) on its legal regime and legislation.
- A cryptoasset exchange on AML registration requirements and FCA authorization.
- Financial institutions on the legal and regulatory treatment of voluntary carbon credits in the U.K. and EU.
- A Middle Eastern country on the establishment of a new legal regime within its territory.
- Various institutions in relation to U.K. and EU sanctions, including recent Russian sanctions.
- Various issuers and banks in connection with selling restrictions, stabilisation, corporate publicity and market abuse issues in connection with equity and debt offerings.
- Various financial institutions in connection with regulatory advisory work, including perimeter issues, authorisation requirements, conduct of business, data protection issues, financial promotion restrictions, AML and other market conduct requirements.
- EEA, U.K. and third country financial institutions and corporates in connection with the impact of various developments in European legislation, including MiFID II, the Bank Recovery and Resolution Directive, the settlement discipline regime and central counterparty recovery and resolution regulations.
- Industry bodies in connection with the EU's blocking regulation in respect of extraterritorial sanctions, the Central Securities Depository Regulation and the impacts of financial regulation on the spot markets for commodities and emission allowances.
Kaplan Law School
University College London