David Berman

Prior to joining Covington, David has advised:

• A major bank undergoing a wide-ranging section 166 ‘skilled person’ review.
• A national central bank in designing and drafting a brand new legislative and regulatory regime for payment systems, payment services and digital finance.
• A large asset manager on a wide-ranging conduct risk review and benchmarking exercise.
• Numerous clients on their responses to (often time-critical) challenges from the Regulator.
• A large international bank on a wide-ranging culture review.
• An asset manager on the recalibration of its governance framework.
• An investment manager on the regulatory implications of the sale of part of its business and the interim transitional arrangements.
• A large international bank on a comprehensive review of its conduct risk framework.
• An investment bank on regulatory enforcement proceedings.
• An investment bank on regulatory challenges to its role as a Nominated Advisor.
• A major institutional asset manager (as a "skilled person") on a wide-ranging governance review.
• A large listed corporate on culture and conduct-related due diligence in the context of a significant acquisition.
• A high profile 'unicorn' on a wide-ranging culture review.
• A prominent regulatory authority in relation to the investigation of a number of banks for suspected malpractice / governance failings.
• Several institutions (including their respective boards and senior management teams) on their approach to, and implementation of SMRC.
• Multiple clients on whistleblowing investigations.
• Various "blue-chip" financial institutions on their responses to a series of identified (and potentially serious) regulatory issues.
• Numerous institutions on market conduct investigations.
• A leading hedge fund on an investigation into potentially significant compliance breaches.