{"id":41,"date":"2014-10-07T09:05:30","date_gmt":"2014-10-07T09:05:30","guid":{"rendered":"http:\/\/foslaw.eu\/?page_id=41"},"modified":"2022-09-15T16:16:05","modified_gmt":"2022-09-15T16:16:05","slug":"jonathan-fosters-profile","status":"publish","type":"page","link":"http:\/\/foslaw.eu\/?page_id=41","title":{"rendered":"My profile"},"content":{"rendered":"
I am an employed barrister of the the bar of England and Wales, with an LL.M from the University of London (University College).<\/p>\n I began at the bar in general common-law practice. \u00a0Later I worked with several US law firms on international insurance fraud litigation.<\/p>\n I moved to Lloyd’s of London, where I was Secretary of the Council of Lloyd’s Investigations Committee and managed a legal and multi-disciplinary team dealing with enforcement, regulatory, and public law matters. During this time I was seconded as secretary to Sir David Walker’s inquiry into Lloyd\u2019s syndicate participations and the LMX spiral<\/a>.<\/p>\n I then spent a period in the commercial sector as in-house counsel at Sun Life Financial of Canada, before moving to the Financial Services Authority.<\/p>\n At the FSA I advised on the European regime for regulating insurance selling and the distance selling of financial services. I worked with HM Treasury on the provisions of the Compensation Act 2006 which reversed Barker v. Corus<\/em> UK Ltd<\/em>. I have advised on banking and building society matters and on resolutions under the Banking Acts following the 2008 financial crisis. More recently I worked with the Law Commission on the Consumer Insurance (Disclosure and Representations) Act 2012 , and with CEIOPS (now EIOPA), and on secondment to the European Commission, on proposals to revise the Insurance Mediation Directive. I also participated in the Commercial Court Users’ Committee’s response\u00a0 in relation to proposals for a Common European Sales Law.<\/p>\n I managed a team of lawyers at the FSA which advises on policy and supervision matters in relation to investment, banking and mortgage conduct of business, and the FOS and the FSCS.<\/p>\n I spent some three years on secondment\u00a0as counsel at the European Securities and Markets Authority<\/a> in Paris (one of three independent pan-European supervisory authorities established under European law following the 2008 financial crisis), variously acting as leader of the legal team, drafting legislation, dealing with enforcement matters (I was the first Independent Investigating Officer appointed under the Credit Rating Agencies Regulation)\u00a0 and appeal cases, and advising on a range of European law and other matters within ESMA’s remit.<\/p>\n I returned to what had by then become the Financial Conduct Authority <\/a>in November 2015, where initially I advised on European financial services matters. Then came the referendum and the United Kingdom’s decision to leave the European Union. My principal areas of practice became financial services regulation in WTO and international trade law and the external relations law of the EU and I became the FCA’s lead lawyer on international trade law. I left the FCA in 2021 to return to private practice: I now practise through MondiaLaw Limited<\/a>, concentrating on international trade law and financial services.<\/p>\n I am an occasional speaker at international conferences and a contributing author to a forthcoming volume on\u00a0Law Enforcement by EU Authorities<\/a>.<\/p>\n My LinkedIn page is\u00a0here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" I am an employed barrister of the the bar of England and Wales, with an LL.M from the University of London (University College). I began at the bar in general common-law practice. \u00a0Later I worked with several US law firms on international insurance fraud litigation. I moved to Lloyd’s of London, where I was Secretary … Continue reading My profile<\/span> <\/a><\/p>\n