Overview
Bhavesh Panchal is an associate in the London office of Paul Hastings. Bhavesh focuses his practice on providing financial services and regulatory advice on UK and E.U. matters.
Bhavesh has extensive experience in advising clients on various regulatory regimes, with particular expertise in regulatory authorisation applications, product design, regulatory compliance, regulatory capital requirements, cross-border offerings and large-scale transactions. He has advised firms across numerous industries, including banks, private credit institutions, fintech companies and cryptoasset businesses. He has also worked with a commodities broker-dealer and a large consultancy firm, as well as practiced as an overseas solicitor in Australia.
Bhavesh regularly participates in industry events, including CryptoUK, the Global Blockchain Business Council and UK Finance.
Education
- BPP Law School, LPC: M.A. in Business (distinction) 2014
- University of Law, G.D.L. 2013
- University of Nottingham, A.A. in Philosophy (honors) 2012
Representations
- Asset Reality on its successful FCA registration as a cryptoasset business.
- A global cryptoasset exchange on its FCA registration, business-as-usual matters and compliance with global marketing regimes, including the UK’s financial promotions regime.
- A large cryptoasset issuer on its FCA authorisation as an e-money institution and registration as a cryptoasset business and issuance of new products.
- A large cryptoasset exchange on its partnership projects, new product offerings and regulatory interactions.
- GTCR in its $24.25 billion sale of Worldpay.
- GTCR in its $18.5 billion majority stake acquisition of Worldpay.
- A major central bank on its implementation of the next phase of its financial technology infrastructure project, including drafting various laws and regulations.
- A large European bank in relation to its Brexit restructuring and contingency planning.
- A major bank on the establishment of a CLO manager.
- A large full-scale consultancy and outsourced service provider on its establishment and authorisation of a business process outsource services provider.
- A major bank on various regulatory capital requirements.