Nicola Higgs

  • Partner
  • Enicola.higgs@lw.com
  • 99 Bishopsgate
  • London EC2M 3XF
  • United Kingdom
  • T +44.20.7710.1154
  •  
 

Profile

Nicola Higgs is a partner in the London office of Latham & Watkins. Ms. Higgs specializes in financial services regulatory advice and has vast experience advising financial institutions and market infrastructure providers on a wide range of complex domestic and cross-border regulatory issues.

Ms. Higgs advises global investment banks, corporate finance houses, fund managers, insurers, stockbrokers, market infrastructure, and data services providers on a variety of legal and regulatory risk management matters, with particular expertise in the FCA’s Conduct of Business Rules, European regulatory developments, such as MiFID II, PRIIPs KID Regulation, and the EU Benchmark Regulation, and contested enforcement actions.

Ms. Higgs has developed a formidable reputation advising global investment firms on the sale of complex derivative products to professional and retail investors, including cross-border issues.

Ms. Higgs also has a strong track record in advising private banks and wealth managers on their regulatory obligations.

Experience

Ms. Higgs’ recent highlights have included:

  • Numerous financial services clients (banks, investment firms, and asset managers) in relation to firm-wide MiFID II preparation and implementation projects
  • 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
  • Assisting financial services clients (including investment banks) with critical outsourcing transactions
  • A number of global investment banks on the implementation of the PRIIPs KID Regulation*
  • A variety of firms on seeking new FCA authorization / changes to permissions*
  • A number of global bank structured product providers on the implementation of the UK product governance regime*
  • Acting as proxy in-house counsel for the cash equities division of global investment banks*

*Matter handled prior to joining Latham & Watkins

Thought Leadership

  • Review of the EU Benchmarks Regulation -  October 17, 2019
  • ESMA’s Consultation Paper on the MAR Review -  October 11, 2019
  • FSB Concerns Over Cloud Concentration in Financial Services Continues  -  October 08, 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
  • HM Treasury Kicks Off Financial Services Future Regulatory Framework Review -  July 22, 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
  • 10 Key Regulatory Focus Areas for UK/European Wholesale Markets in 2019 -  January 09, 2019
  • Outsource Service Providers to Financial Services — A Growth Sector for Buyout Firms  -  December 21, 2018
  • Brexit and Financial Services — Temporary Permissions -  December 18, 2018
  • FCA Finalises Changes to its Financial Crime Guide -  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
  • A New Sheriff in Town? UK MPs Call for Regulation of “Wild West” Crypto-assets  -  September 20, 2018
  • FCA Sets Out Stance on Cross-Border Booking Arrangements  -  August 10, 2018
  • First Details of Brexit Temporary Permissions Regime Published — Key Questions Answered -  July 27, 2018
  • FCA Speaks Out on the Ethics of Big Data  -  July 16, 2018
  • Regulators Publish Final Rules on SMCR Extension -  July 04, 2018
  • FCA Sets Expectations for Robo-Advisers -  May 22, 2018
  • The MiFID II Inducements Regime -  May 08, 2018
  • Global Developments on Best Execution -  May 03, 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
  • First Use of ESMA Temporary Product Intervention Measures  -  March 29, 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
  • MiFID II Research Unbundling — Crisis Averted? -  November 16, 2017
  • Latest Views From the FCA on Market Abuse -  November 15, 2017
  • ESMA Clarifies Third Country Transitionals Under the EU Benchmarks Regulation -  November 09, 2017
  • MiFID II Research – Relief at Last? -  October 26, 2017
  • The (Potentially) Long Arm of the SMCR -  August 24, 2017
  • Policing the Robots — Robo-Advice Under MiFID II -  July 28, 2017
  • FCA Publishes Long-Awaited Consultation Papers on the Extension of the SMCR -  July 27, 2017
  • The UK Financial Conduct Authority Bans Use of Certain Restrictive Contractual Clauses -  July 11, 2017
  • MiFID II – Second Policy Statement and Further Consultation -  July 05, 2017
  • Clarifications to Key Concepts Under The EU Benchmarks Regulation -  June 30, 2017
  • FCA Seeks to Reform UK Asset Management Sector -  June 29, 2017
  • FCA Consults on UK Implementation of EU Benchmarks Rules -  June 22, 2017
  • Benchmarks Update -  June 14, 2017
  • ESMA Final Report on MiFID II Product Governance Requirements -  June 05, 2017
  • FCA’s Latest Papers on the Implementation of MiFID II -  April 03, 2017
  • Proposals to Shake Up the UK IPO Timetable -  March 30, 2017
  • MiFID II Product Governance – Proportionality: Rules of the road -  March 07, 2017
Bar Qualification
  • England and Wales (Solicitor)
Education
  • LPC, BPP Law School, 2005
  • LL.B, King's College London, 2004
Practices
  • Banking
  • Financial Regulatory
  • Capital Markets
  • Derivatives