Biography

Ruth established her own practice in 2003 and examples of assignments carried out since then are set out below.

  • Working with applicants on their authorisation applications (including bank authorisation) and on variation of permissions applications.
  • Advising applicants, new entrants and established firms on governance, culture and systems and controls, including work to assess consistency of approach across group activities in a number of jurisdictions.
  • Working with various financial institutions in preparation for regulatory visits (the FCA and the PRA; previously, the FSA) across a range of market sectors, including regulatory assessments, thematic review work and market studies.
  • Carrying out pre-interview preparatory work with prospective approved persons and senior managers and providing support as they begin their new roles.
  • Providing advice and support in respect of s166 (skilled person) reviews, working with the financial institution through that process and in settling the nature and extent of any remedial or follow-up action.
  • Reviewing and assessing areas of the business to identify the impact of regulatory changes and to assess regulatory compliance.
  • Advising financial institutions on managing their relationship with regulators.

Ruth graduated from Jesus College, Oxford, in 1984 with a degree in Modern History and qualified as a solicitor in 1988.  She became a partner in Cameron Markby Hewitt (later CMS Cameron McKenna) in 1995 and headed the Capital Markets and Regulatory Group from 1998 until she left the firm in 2001.  She was then a partner in the firm of Tite & Lewis (associated with Ernst & Young) until the end of 2002.

Ruth has spoken extensively on regulatory issues in the UK, Europe and the US, at external conferences and workshops and at seminars at financial institutions.