Pinsent Masons has hired two associates into its partnership to boost the regulatory offering in the firm’s corporate group.

Eversheds associate Jacob Ghanty and SJ Berwin associate Tim Dolan will be reporting to head of corporate Gareth Edwards.

“As more financial services legislation comes into force, we need to have the expertise to advise our clients,” said managing partner David Ryan.

“At the same time our financial services and markets team will be able to service various other areas of the business which also have a need for regulatory experience.”

Dolan, who is to join the firm next week, had worked for the FSA prior to joining SJ Berwin.

Ghanty, who is slated to join Pinsent Masons later in the year, has extensive experience in financial services and markets work related to outsourcing.

Corporate head, Edwards added that it was vital to keep clients up-to-date with legislation in financial services and cited the Markets in Financial Instruments Directive (MiFID) which came into force on this month as one of the latest changes in industry regulation.

“MiFID has an enormous impact on firms’ policies, procedures and their terms and conditions and the new hires bring the expertise to provide this essential service.”