Albert Weatherill is a senior associate in the firm's financial services group, a member of the global FinTech practice, and the global lead for the firm's payments group. He has a broad range of experience in advising banks, investment managers, retail and institutional brokers, US broker-dealers, financial sponsors, market makers and high-frequency traders, technology companies, exchanges, payment services providers and electronic money institutions in relation to a wide range of domestic and cross-border regulatory matters. Albert was shortlisted for the Rising Star Innovation Award at the Legal Innovation Awards 2020 and for the Rising Star Award at the British Legal Awards 2020. He is ranked as an "Associate to watch" in Chambers and Partners 2021 for financial services: non-contentious, where he is recognized as a "highly regarded" practitioner, with clients describing him as "very conscientious, diligent and thorough".
Albert's diverse practice involves advising clients on regulatory compliance, regulatory change, governance, risk management, Brexit, market abuse, trading, clearing and settlement, lending, conduct, prudential regulation, client money and custody. In particular, he focuses on the design, development and regulation of innovative financial services and products, particularly across mobile and digital payments, digital assets issuance and trading, cryptoassets market infrastructure, banking as a service, consumer and corporate lending, blockchain and distributed ledger technology. He authored the UK chapter of Global Legal Insight's Blockchain & Regulation 2019, is a member of the Tech London Advocates Blockchain Legal and Regulatory Working Group, and regularly contributes to publications on FinTech matters.
In addition to his broad advisory practice, Albert has extensive experience of acting on mergers and acquisitions, private and public capital market transactions, and restructurings involving financial institutions. He has represented clients on a range of complex and multi-jurisdictional transactions, including Advent International, Bain Capital, General Atlantic, Barclays, HSBC, KKR, Starling Bank, Royal Bank of Canada, The Northern Trust Corporation, Saxo Bank and Virtu Financial.
Prior to qualification, Albert was seconded to the trade association of the UK payments industry, gaining experience of working closely with the UK's payment schemes, banks and payment infrastructure providers.