Investment Related Activities Concerning the UK

Overview

Legal Notices

The Legal Notices should be read as a whole. Certain words as used in the Legal Notices and elsewhere on this website, in emails and in other materials are to have the meanings assigned here

Financial Services and Markets Act 2000

Some investment-related activities of the firm in, into or from the United Kingdom are regulated under the Financial Services and Markets Act 2000 ("FSMA") of the United Kingdom. The following statements are for the purpose of compliance with FSMA, and related regulations, and the rules of the Solicitors Regulation Authority ("SRA"), by whom the firm is authorised and regulated in the UK as an "exempt professional firm" in connection with any such activities.

On this page references to the "firm", "our", "us", "we", or like expressions refer separately to Bird & Bird LLP, Bird & Bird (MEA) LLP and Bird & Bird (Spain) LLP.

Required disclosure

We are not authorised under FSMA, but we are able, in certain circumstances, to offer a limited range of investment services to the client because we are regulated by the SRA.  We can provide these investment services if they are an incidental part of the professional services we have been engaged to provide.

The Law Society of England and Wales ("TLS") is a designated professional body for the purposes of FSMA, but responsibility for regulation and complaints handling has been separated from TLS's representative functions. The SRA is the independent regulatory body of TLS.

Complaints and redress mechanisms are provided through the SRA and the Legal Ombudsman.  The timescale for referring a complaint to the Legal Ombudsman and his contact details, are set out below under 'Complaints'.

As we are not authorised under FSMA, we are only permitted to communicate invitations or inducements to engage in investment activities ("financial promotions") where these have been approved by an authorised person or are exempt from the requirement for such approval. We are retained only to provide legal and, where applicable, tax advice to our clients and nothing that we say or do should be construed as investment advice to anybody on the investment merits of acquiring or disposing of particular investments or as an invitation or inducement to anybody to engage in investment activities; nor do we act as brokers of investment transactions.

In order to progress matters on which our clients retain us, we need to communicate with clients and with others involved in those matters. If in relation to any such matter anybody decides to participate in a meeting, conference call or other interactive communication involving us, we will consider that they thereby request an interactive dialogue with us in our capacity as professional advisers to our client in the course of that communication.

Referrals

Where clients seek services concerning investments which are either not incidental to our legal services or are not otherwise ones which we are able to provide, the firm may refer the clients to someone who is authorised by the Financial Services Authority ("FSA").

Insurance mediation concerning the UK

We are not authorised by the FSA. However, we are included on the register maintained by the FSA so that we can carry on insurance mediation activity, which is broadly the advising on, selling and administration of insurance contracts. The register can be accessed via the FSA web site at: www.fsa.gov.uk/pages/register.

This part of our business, including arrangements for complaints or redress if something goes wrong, is regulated by the SRA.  TLS is a designated professional body for the purposes of the FSMA.  The SRA is the independent regulatory arm of TLS.

Complaints

For information on making a complaint please refer to our Regulatory Information page or to the United Kingdom page for guidance.