Legal Guidance and Research / Experts / Vaibhav Adlakha

Vaibhav Adlakha

Vaibhav is an extremely motivated multi-lingual legal professional with a passion for international and business issues. After finishing schooling (2004) from The American School of The Hague, he completed his university studies from Warwick University (2007) and BPP Law School (2008) in the UK. He also did an Advanced Masters in Air and Space Law from Leiden University in the Netherlands (2010). From 2010 ' 2014, he worked with the Netherlands Competition Authorities, Unilever, the Dutch Ministry of Infrastructure and Environment, HiiL Innovating Justice and Global Human Rights Defence. He joined Reed Smith LLP as a Trainee Solicitor in August 2016. During training he worked in Shipping Admiralty, Banking and Finance, EU Competition, and Financial Regulation. In September 2018, he qualified as an Associate in the EU Competition department, handling Public Procurement, State Aid as well as some Financial Regulation issues among others. His strengths lie in business acumen, analysing and synthesizing information, innovative thinking, and effective communication. He has enjoyed contributing to Client Alerts on various issues. He is actively involved in and has a passion for Diversity Inclusion initiatives. He is an active member of Reed Smith LEADERS Group which champions disability and diversity projects. He has contributed towards Blogs and Newsletters of many organisations such as My Kinda Future, EmployAbility and InterLaw Diversity.

Practice Area

Panel

  • Contributing Author

Qualified Year

  • 2018

Education

  • Masters of Laws (LL.M), Advanced Studies in Air & Space Law - Leiden University, Netherlands, 2009 -
  • Post Graduate Diploma in Legal Practice - BPP Law School, London, United Kingdom, 2007 ' 2008
  • Bachelors of Laws (LL.B Honors) - Warwick University, Coventry, United Kingdom, 2004 ' 2007
  • High School (International Baccalaureate) - American School of the Hague, Netherlands, 1999 - 2004
  • Dutch language (level 1-2 & 3-4) - Universiteit Leiden Academisch Talencentrum Nederlands, 2006 & 20

1 Contributions by Vaibhav Adlakha

FCA/PRA breach management: UK lawyers’ guide to detection, mandatory notifications (SUP 15.3/Principle 11), SM&CR duties, investigations, evidence preservation, redress and PR—minimising enforcement referrals
PRACTICE NOTES
FCA/PRA breach management: UK lawyers’ guide to detection, mandatory notifications (SUP 15.3/Principle 11), SM&CR duties, investigations, evidence preservation, redress and PR—minimising enforcement referrals
The Financial Services Enforcement Database The Financial Services Enforcement Database holds detailed information on all substantive FCA and PRA Final Notices and, where available, Decision Notices issued from 2014 onwards. It can be queried and refined across multiple fields. Rule or legislation breached Keyword and sector Date Financial penalty and analysis of penalty components Outcomes, including redress and prohibition orders Other actions, such as referrals to the Upper Tribunal In the UK, oversight of financial services is carried out by two distinct regulators, the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA), each with enforcement powers. The FCA operates a judgement-based as well as risk-based model, evaluating a firm’s position in the wider market to place investor interests at the heart of business models, while also delivering an appropriate level of consumer protection. The FCA’s primary objective is that UK financial markets function effectively. The PRA’s aim is to secure the safety and soundness of PRA-authorised firms, and to uphold the stability of the UK financial system. FCA- and PRA-authorised firms should understand the best way to deal with...
Financial Services
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