William Yonge provides financial services, securities, and derivatives regulatory advice. Clients include asset managers across a wide range of asset classes and their funds, broker-dealers, corporate finance firms, Fintech firms, institutional investors, insurers, lenders, and market associations.
William frequently handles regulatory issues that arise during fund formations, mergers and acquisitions, and investment management business creations in the UK, and advises on customer and service provider documentation. William also counsels managers from Asia, North America, and Latin America on structuring their private placements of funds to UK and European investors and establishing themselves in the UK.
William's work includes advising on operational, regulatory, and compliance matters regarding the UK Financial Services and Markets Act 2000, the rules of the Financial Conduct Authority (FCA), and the Prudential Regulatory Authority (PRA) such as the scope of regulated activities, obtaining authorisation, conduct of business, changes of control, financial promotion, the senior managers regime, remuneration requirements, product development, anti-money laundering, trading issues, soft commission, market abuse, cross-border business, and EU-passporting.
William has up-to-date insight into proposed and current European legislation including: the Alternative Investment Fund Managers Directive (AIFMD); the Markets in Financial Instruments Directives (MiFID I, MiFID II); the Capital Requirements Directive (CRD); 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.
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 publications such as the 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