Ferdisha Snagg’s practice focuses on financial services law and regulation.

Ferdisha has a wide range of non-contentious experience advising banks, investment banks, asset managers, and market infrastructures. She regularly advises on a variety of financial services and regulatory issues including financial markets regulation, financial collateral and financial market infrastructure regulation, and banking regulation.

She has written and presented extensively on legal and regulatory issues surrounding distributed ledger technology and cryptoassets.

Prior to joining Cleary, Ferdisha was an associate at another major London law firm. She has also spent time on secondment at three global investment banks and a central bank.

Notable Experience

Previous Experience

  • Global financial institutions on the implementation of EU financial markets and derivatives regulations.

  • Global banks on Basel III requirements and bank restructuring regulation.

  • Numerous institutions on the implications of Brexit.

  • Global banks on securities financing and financial collateral arrangements.

  • Global banks on hedge fund lending and securities depositary requirements.

  • Financial markets infrastructure on new products and rule changes.

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Publications

Transitioning ‘Tough Legacy’ LIBOR Contracts – Different Strokes for Different Folks?Financier Worldwidew (October 2020)

Human Rights Supply Chain Due Diligence: New Legislation on the Horizon for the EU and UK,” Butterworths Journal of International Banking and Financial Law (September 2020)

COVID Corporate Financing Facility Explained,” Cleary Gottlieb Alert Memo, with Polina Lyadnova, Bree Morgan-Davies, Jonathan Griggs, and Anne Lim (July 2020)

CRR Quick Fix to Facilitate Lending in Response to COVID-19 Adopted,” Cleary Gottlieb Alert Memorandum with Amélie Champsaur, Michael Kern, Laura Prosperetti, Aurèle Delors, Caroline Hailey, Christophe Wauters, Clara Cibrario Assereto, Giulia Rimoldi and Claudius Straub (July 2020)

The UK’s Post-Brexit Financial Services Regulatory Framework – Details Emerge,” Cleary Gottlieb Alert Memorandum with Amélie Champsaur, Jim Ho, Bree Morgan-Davies and Jonathan Griggs (June 2020)

Summary of EU and UK Monetary Stimulus, Liquidity Support and Prudential Measures in Response to COVID-19,” Cleary Gottlieb Alert Memo, with Amélie Champsaur, Aurèle Delors, Elodie Gianferrara, Christophe Wauters, Alexia Duquesne, Michael Kern, Christoph Trier, Claudius Straub, Laura Prosperetti, Clara Cibrario Assereto, Flavio Ciotti and Anne Lim (June 2020)

The European Commission Publishes Its Ambitious Action Plan on Anti-Money Laundering,” Cleary Gottlieb Alert Memo, with Amélie Champsaur and Caroline Hailey (June 2020)

Summary of EU and UK Financial Sector Regulatory Initiatives in Response to COVID-19,” Cleary Gottlieb Alert Memo, with Amélie Champsaur, Laura Prosperetti, Aurèle Delors, Charles-Antoine Wauters, Clara Cibrario Assereto, Alexia Duquesne and Elodie Gianferrara (May 2020)

New FCA Requirement for Issuers to Provide a Description of Rights for Listed Securities,” Cleary Gottlieb Alert Memo, with David I. Gottlieb, Chrishan Raja and Bree Morgan-Davies (April 2020)

COVID-19 UK Government’s Latest Measures To Support UK Businesses,” Cleary Gottlieb Alert Memo, with Nallini Puri, Jennifer Maskell, Melissa Reid, and Eloise Skinner (March 2020)

COVID-19: UK Regulators Adopt Regulatory and Operational Relief Measures To Support Financial Services Firms,” Cleary Gottlieb Alert Memo, with Jim Ho, Bree Morgan-Davies, and Anne Lim (March 2020)

LIBOR Transition: The Time to Act Is Now,” Cleary Gottlieb Alert Memo, with Jim Ho and Jonathan Griggs (February 2019)

The Medium Is the Message: How Can the Development of DLT Improve Upon the Workings of the Indirect Holding System for Intermediated Securities?,” Journal of International Banking and Financial Law

United Kingdom” chapter, Getting the Deal Through: Securities Finance 2019, with Andrew Shutter, Raj Panasar, and Jim Ho

The CFTC and Prudential Regulators Grant Relief in Preparation for Brexit,” Cleary Gottlieb Alert Memo, with Colin D. Lloyd, Brian J. Morris, and Brandon Hill (April 2019)

Green and Snagg, “Intermediated Securities and Distributed Ledger Technology,” Intermediation and Beyond (L. Gullifer and J. Payne, eds.), Hart Publishing, 2019

Events