London – Paul Hastings LLP, a leading global law firm, announced today that market-leading financial services and regulatory partner Arun Srivastava will join the London office from Baker McKenzie, where he is head of the Financial Services Regulatory Group. Srivastava will lead Paul Hastings’ London regulatory and fintech and payments practice.
“Arun is one of the leading financial regulatory lawyers in London and will enhance our capabilities across our finance, fintech and payments, funds and transactional practices,” said Seth Zachary, chair of Paul Hastings. “It is central to our growth strategy in London that we attract the finest lawyers in their specialisms, and Arun’s practice and pedigree in the regulatory space will be extremely helpful for us.”
“I was drawn to Paul Hastings’ powerful global footprint in financial services and fintech and its high-calibre London finance business,” Srivastava said. “I am greatly looking forward to the opportunity to accelerate the growth of my practice with the global team,” he added.
Srivastava focuses his practice on helping clients comply with evolving financial services regulatory obligations. He advises a broad range of participants in the banking and financial services industries including on the offering of cryptocurrencies, tokens, and coins. He also counsels in the application of financial services litigation and its implications, and advises foreign governments on development of regulation in their jurisdictions. He spent a year with the UK Financial Services Authority between April 1999 and April 2000, and is recommended by legal guides including Chambers and Legal 500 for financial services regulatory, fintech, banking litigation, and contentious regulatory work.
This announcement follows the recent appointments of M&A partner Roger Barron, private equity partner Anu Balasubramanian, and privacy and cybersecurity partner Sarah Pearce to the London office. Paul Hastings’ London office increased revenue by 25 per cent following a very successful 2017 that saw the firm take the leading role in key transactions including the restructuring of The Cooperative Bank and the €3.5 billion acquisition by a Xavier Niel-led consortium of eir, the incumbent Irish telecommunications operator.
At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.