Bowes, Michael QC
Bowes specialises in financial services work, in particular insider dealing, cartel activity, asset recovery, banking regulation and commercial crime and civil fraud. This covers work in the UK and abroad, linking with chambers’ Middle East and New York teams of specialist attorneys. He has substantial experience in advising institutions and individuals and in leading case teams, both for the prosecution and the defence.
He receives instructions from the FSA, OFT, SFO, Lloyd’s of London and on behalf of commercial clients.He was instructed by the FSA in its first criminal prosecution for insider dealing (R v McQuoid and Melbourne) which was tried in 2009 at Southwark Crown Court. Both defendants were convicted. He acted for the FSA in the Court of Appeal and McQuoid is the guideline case on sentencing in insider dealing cases. He has successfully prosecuted the FSA’s largest and most complex insider dealing trial to date (July 2012), which resulted in six convictions. This was a high-profile case that has received international media coverage. He is instructed by the OFT in a criminal investigation into a suspected international cartel and is advising the OFT generally in relation to the legalisation governing criminal cartels.
Bowes specialises in regulatory work for Lloyd’s. He has been involved in disciplinary tribunal matters and proceedings since 1997 acting for the Council of Lloyd’s in disciplinary investigations and proceedings. The work has a heavy emphasis on the fiduciary duties of brokers/underwriters, especially in the areas of commission taking and secret profits.
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Information sourced from the Outer Temple Chambers website.
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