Jonathan Ritson-Candler

  • Associate
  • Ejonathan.ritson-candler@lw.com
  • 99 Bishopsgate
  • London EC2M 3XF
  • United Kingdom
  • T +44.20.7710.1815
  •  
 

Profile

Jonathan Ritson-Candler is an associate in the London office of Latham & Watkins and a member of the Global Financial Institutions Industry Group. Mr. Ritson-Candler specializes in financial services regulatory advice and has experience advising a range of financial institutions and market infrastructure providers on domestic and cross-border regulatory issues.

Mr. Ritson-Candler advises global investment banks, corporate finance houses, fund managers, insurers, broker-dealers, and market infrastructure and data services providers on a variety of legal and regulatory risk management matters. He has particular expertise in the FCA’s Conduct of Business Rules; European regulatory developments such as MiFID II, MAR, and PRIIPs KID; and the EU Benchmark Regulation, as well as having a particular interest in anti-money laundering and financial crime and the UK’s on-shoring of EU financial services legislation in light of Brexit.

Mr. Ritson-Candler was recognised as a Rising Star for Financial Services: Non Contentious/Regulatory in The Legal 500 UK in both 2020 and 2021.

Experience

Mr. Ritson-Candler’s recent highlights have included advising:

  • A new asset manager on a license application
  • The seller on the disposal of an asset management and private wealth group
  • A number of global investment banks on their Brexit planning strategies and the impact of a no-deal "Hard Brexit" on their business
  • A UK private bank and wealth manager by undertaking an in-depth review of the firm’s approach to suitability and reporting to the Board
  • A number of firms in their implementation of the Money Laundering Regulations 2017 and the changes brought about by MLD5
  • A US based provider of indices in its negotiation to engage an authorised EU benchmark administrator
  • A number of global investment banks in relation to their use and/or sale of "big data" and the associated EU regulatory touchpoints
  • A listed company on the MAR implications of rolling out a global employee share scheme (in particular, in relation to PDMR transactions and decision making)
  • A number of financial services clients in relation to important firm-wide MiFID II preparation and implementation projects
  • A number of global investment banks on the implementation of the MiFID II product governance regime
  • A major investment bank (whilst on secondment) on its implementation of MAR*
  • A number of global investment banks and a market data provider on the implementation of the EU Benchmark Regulation, including seeking authorization as a benchmark administrator*
  • An e-commerce platform on perimeter queries relating to the need for authorization as an e-money issuer or payment service provider*

*Matter handled prior to joining Latham

Thought Leadership

  • European SPACs: Guide to Regulatory Expectations -  April 21, 2022
  • HM Treasury Initiates Post-Brexit Review of the UK’s AML and CTF Regime -  July 29, 2021
  • Second FCA Consultation on New Prudential Regime for Investment Firms -  April 21, 2021
  • FCA Publishes Review of Asset Managers’ Implementation of MiFID II Product Governance Rules -  March 01, 2021
  • 10 Key Focus Areas for UK-Regulated Financial Services Firms in 2021 -  January 11, 2021
  • PRA Publishes Findings on Its Evaluation of the SMCR -  December 18, 2020
  • UK Firms Granted Extra 15 Months for Brexit Onshoring Preparations -  October 14, 2020
  • The MAR Review — ESMA’s Final Report -  September 24, 2020
  • European Commission Proposes Changes to MiFID II Due to COVID-19 -  July 31, 2020
  • FCA Consults on Post-Brexit Prudential Regime for Investment Firms -  June 24, 2020
  • FCA Fails to Find Its Watersheds Moment in Adams v. Options SIPP UK LLP -  June 18, 2020
  • UK Firms Should Share Customer Information Cross-Border Intra-Group to Fight Money Laundering and Terrorist Financing -  May 22, 2020
  • European Commission Publishes Draft Delegated Regulations on ESG Disclosures in Benchmarks -  May 04, 2020
  • New Draft Regulatory Technical Standards Under the EU Benchmarks Regulation -  March 31, 2020
  • FCA Indicates LIBOR Transition Deadline Will Not Be Extended Due to COVID-19 -  March 26, 2020
  • FCA Sets Out Its Expectations of Firms’ Response to COVID-19 -  March 18, 2020
  • FCA Calls on Firms to Develop a Purposeful Culture -  March 06, 2020
  • MiFID Refit — Commission Consults on Review of MiFID II Framework -  February 27, 2020
  • ESMA Provides Its Input on the BMR Review -  February 20, 2020
  • AMF Proposals to Revive the Research Industry in France -  February 19, 2020
  • Key Takeaways from ESMA’s recent MiFID Transparency Consultation Papers -  February 14, 2020
  • Third-Country Firms Operating Cross-Border Into the EU — Upcoming Reform -  January 14, 2020
  • Brexit: 10 Commonly Asked Questions -  January 07, 2020
  • FCA Consults on SMCR for Benchmark Administrators -  December 03, 2019
  • ESAs Consult on Amendments to the PRIIPs KID -  November 25, 2019
  • FCA Warns Firms of Conduct Risk During LIBOR Transition -  November 22, 2019
  • Review of the EU Benchmarks Regulation -  October 17, 2019
  • ESMA’s Consultation Paper on the MAR Review -  October 11, 2019
  • Research Unbundling — FCA Finds Rules Working Well -  September 23, 2019
  • Key Emerging Regulatory Issues and Focus Areas for Institutional Asset Managers -  September 19, 2019
  • FCA Confirms SMCR Optimisations -  July 26, 2019
  • 10 Key Regulatory Focus Areas for UK/European Wholesale Markets in 2019 – Progress Report -  July 02, 2019
  • EU Kicks Off MAR Review -  May 16, 2019
  • FCA Fires Warning Shot to Brokers in Wholesale Markets -  April 30, 2019
  • MiFID II Costs and Charges — Room for Improvement -  March 01, 2019
  • Brexit and Financial Services — FCA Issues Further Guidance for Firms -  February 01, 2019
  • Regulating Crypto-assets and ICOs? ESMA and EBA Consider the Benefits -  January 24, 2019
  • FCA Consults on Further Amendments to the SMCR -  January 23, 2019
  • Brexit and Financial Services — UK Equivalence Decisions -  January 21, 2019
  • European Commission Report on the Operation of the AIFMD -  January 15, 2019
  • Brexit and Financial Services — Temporary Permissions -  December 18, 2018
  • FCA Finalises Changes to its Financial Crime Guide -  December 14, 2018
  • UK Scores Highly on Anti-Money Laundering Review -  December 14, 2018
  • FCA to Clarify Scope of the Client Dealing Function -  November 30, 2018
  • Brexit and Financial Services — Onshoring MiFID II -  November 05, 2018
  • UK Cryptoassets Taskforce Publishes its Final Report -  October 31, 2018
  • Findings from FCA Thematic Review on AML and CTF Systems and Controls Provide Timely Reminder for Firms  -  October 05, 2018
  • A New Sheriff in Town? UK MPs Call for Regulation of “Wild West” Crypto-assets  -  September 20, 2018
  • First Details of Brexit Temporary Permissions Regime Published — Key Questions Answered -  July 27, 2018
  • Regulators Publish Final Rules on SMCR Extension -  July 04, 2018
  • MiFID II Research Unbundling Six Months On – What Are We Seeing in the Market? -  July 02, 2018
  • The MiFID II Inducements Regime -  May 08, 2018
  • Commission Publishes Study of EU Market in Retail Investment Products -  April 30, 2018
  • Next Steps in the Asset Management Market Study -  April 05, 2018
  • FCA Proposes New Guidance on Financial Crime Systems and Controls -  March 28, 2018
  • Transforming Culture in Financial Services — The FCA Renews Its Approach -  March 16, 2018
  • FCA Sets Expectations on Algorithmic Trading -  February 27, 2018
  • The (Potentially) Long Arm of the SMCR -  August 24, 2017
  • MiFID II – Second Policy Statement and Further Consultation -  July 05, 2017
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Bar Qualification
  • England and Wales (Solicitor)
Education
  • Legal Practice Course, University of Law, London Moorgate, 2013
    Distinction
  • LLB Law, University of Warwick, 2010
    First class honours
Industries
  • Financial Institutions
  • Fintech
Practices
  • Capital Markets
  • Financial Regulatory