Omar Salem

Partner | Corporate

About

Omar Salem is a financial services and technology partner who works with ambitious businesses at every stage of growth, from initial authorisation and fundraising through to scaling and international expansion. He helps clients turn their plans into action, whether getting authorised, launching a product, negotiating a new commercial relationship, responding to regulatory change or carrying out M&A.


Practices

  • Banking and Financial Services

  • Broker-Dealer Regulation

  • Capital Markets

  • Commodities, Futures & Derivatives

  • Environmental, Social & Governance (ESG)

  • FinTech and Blockchain

  • Government Affairs

  • Insurance

  • International Insurance Regulatory and Transactional

  • Private Equity

  • Regulatory Law & Government Contracts

Admissions

  • England and Wales


Education

  • London School of Economics, Executive LLM in Financial Law & Regulation

  • University of Law, GDL, LPC, and LLB

  • St. Hugh’s College, University of Oxford, BA (Hons) in Philosophy, Politics and Economics


Memberships

  • Royal Society of Arts

Experience

  • Fox Williams LLP

  • Linklaters LLP


Representative Experience

  • Advised clients on regulatory aspects of transactions with a value of over £23 billion, including purchase of major mortgage and consumer credit books

  • Advised major trade association on CCA 1974 compliant template agreements

  • Conducted cross-jurisdictional survey to advise a leading cryptocurrency platform on licensing requirements

  • Advised top-tier investment bank on SMCR related governance requirements

  • Advised major retail bank, exchange and asset manager on Brexit licensing

  • Advised administrators on application of the CASS rules to a major insolvency

  • Advised major credit rating agency on design of its senior management framework and matrix reporting

  • Advised on compliance with MiFID II across a wide range of requirements, including transaction reporting, best execution, recording keep and costs and charges

  • Advising on the safeguarding requirements applicable to electronic money institutions, including in relation to communicating with customers about these

  • Advising on the PSR’s requirements for APP fraud reimbursement

  • Leading and implementing project for compliance with the consumer duty

  • Advising on the FCA’s requirements for risk management by electronic money institutions, including the EBA operational and security risk requirements

  • Head of Legal and then General Counsel at leading fintech FCA authorised electronic money institution

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