Barlow Lyde & Gilbert (BLG) has brought together its contentious and non-contentious expertise to form a new financial services regulatory team.

The team is headed by litigator Chris Warren-Smith and corporate insurance partner Stephen Browning.

Issues the team will deal with include preventative compliance, regulatory disputes and investigations.

The team’s formation follows BLG’s work on issues such as the Financial Services Authority (FSA) investigation into split capital investment trusts. The firm also advised Shell’s chief financial officer on FSA and Securities and Exchange Commission investigations after it emerged the oil company had overstated its reserves in 2004.