William Yonge advises global clients on regulation arising in the financial services, investment management, securities, and derivatives sectors. Clients include asset managers across a wide range of asset classes and their funds, broker-dealers, corporate financiers, Fintech and payment services firms, institutional investors, and market associations.
William frequently helps clients to navigate UK and European regulatory issues that arise during fund formations, mergers and acquisitions, establishment of regulated investment management firms in the UK, and advises on customer and service provider documentation. William also counsels managers from the United States, Europe, Middle East, and Asia on structuring their private placements of funds to UK and European investors and establishing themselves in the UK. William advises clients on regulatory developments arising in the context of the UK’s exit from the EU (Brexit) and counsels firms on restructuring in light of Brexit-related regulatory change.
William's work includes advising on operational, regulatory, and compliance matters regarding the UK Financial Services and Markets Act 2000, the rules of the UK Financial Conduct Authority (FCA), and the UK Prudential Regulatory Authority (PRA) such as the perimeter of regulated activities, obtaining authorisation, conduct of business, changes of control, financial promotion, remuneration requirements, product development, anti-money laundering, trading issues, payment for research, market abuse, cross-border business, and EU-passporting.
William provides clients with current insight into the impact of financial services legislation at European level, including: the Alternative Investment Fund Managers Directive (AIFMD); the Markets in Financial Instruments Directives (MiFID II); the European Market Infrastructure Regulation (EMIR); the Undertakings for Collective Investment in Transferable Securities Directive (UCITS); and the Short Selling Regulation.
William serves as chair of our London office Pro Bono Committee, coordinating our London practice in relation to the significant representation of pro bono clients in the UK and internationally.
William previously practiced in the investment management and private investment funds group of the London office of another international law firm. Prior to entering private practice, he served as an in-house lawyer at the Securities and Investment Board (now the Financial Conduct Authority) and the Investment Management Regulatory Organisation.
Addressing topical regulatory issues, William frequently writes articles for key publications including Hedge Fund Journal, FX-MM, Funds Europe, EuroWatch, Lexology, Alternative Intelligence Quotient, and the Journal of Investment Compliance. He also speaks regularly at hedge fund and private equity conferences and events.
University of Durham, England, B.A. (Law), With Honors
England & Wales (Solicitor)
Awards and Affiliations
Member, Practice Group of the Year, Asset Management, Law360 (2017)
Recognized in Who’s Who Legal (2016)
Member, Chartered Institute for Securities and Investment