Oliver Assersohn is a commercial barrister specialising in banking and financial services, and is recommended by the foremost independent legal directories.
He acted for the FSA as junior counsel in the first FSA initiated prosecution for insider trading (both defendants were convicted) and subsequently acted as junior counsel for one of the defendants in the first FSA initiated prosecution for insider trading to end in acquittals.
After his secondment to the Regulatory Decisions Committee, Assersohn continued to advise the committee in a variety of cases. For example, Assersohn advised the Committee in FSA v (1) Visser (2) Fagbulu in which a ban and £2.1m fine were imposed on a hedge fund chief executive and chief financial officer for deceiving investors and market abuse (the decision was recently upheld by the Upper Tribunal).
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Information sourced from the Outer Temple Chambers website.
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Last week’s announcement that the US Justice Department has charged a company with criminal insider trading has left the global hedge fund and banking industry reeling.