International law firm Simmons & Simmons is collaborating with London’s Queen Mary University to establish a joint student support programme specifically to work in the area of FinTech and RegTech.

The initiative, between Simmons & Simmons and the university’s Centre for Commercial Law Studies (CCLS), will include holding separate introductory and research presentation events.

In a posting on its website, Simmons & Simmons said: “FinTech is expected to result in substantial disruption to many areas of traditional and legacy banking and financial services. The law and legal implications of these developments have not been subject to any dedicated meaningful examination at this time, with many difficult and complex issues remaining to be resolved. It is hoped that this new academic and professional collaborative arrangement can assist in correcting this core learning and knowledge gap for the benefit and advantage of everyone involved.”

Angus McLean, partner and head of the international FinTech team at Simmons & Simmons, added: “We are excited to be working together with CCLS and professor Walker with his LLM students on this initiative. As technology continues to disrupt and enhance the financial services sector new legal and regulatory questions arise almost daily.

“The student support programme will allow us to assist professor Walker and his colleagues’ students to examine all of the key areas that are of most academic and commercial interest to our clients and others in this fast moving space.”

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