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Nigel Webb
Senior Advisor
With nearly 40 years of experience in both consulting and business roles across the wholesale banking world, Nigel Webb consults on a wide range of topics to financial institutions and regulators globally. Specialist subjects include financial crime, conduct, regulatory affairs, rogue trading, market rigging, and board and operational efficiency.
Nigel’s clients range from conventional financial institutions, through to virtual asset service providers (VASPs) and gambling and gaming firms (both online and physical).
Nigel’s early career was spent at a US multinational investment bank and a US banking organisation, where he was involved in the pricing and structuring of complex interest rate derivative products. He was a partner at both a US accounting firm and a global accountancy firm and has held senior executive positions at a world-leading financial services firm (where he was global CIO) and a global investment bank (where he led risk and technology for its Global Derivative Services function).
More recently, Nigel was head of financial services EMEA at a leading global advisory firm and co-lead of governance risk and regulation at a UK-based independent advisory firm.
Nigel frequently acts as an expert witness in litigation and arbitration matters across a wide variety of topics and jurisdictions.
- Designed and led a large-scale financial crime remediation programme for a European bank, ahead of, during and following a skilled person review.
- Assisting a Central European regulator with an asset quality review of seven systemically important institutions.
- Assisting a South African financial services regulator in the thematic review of the quality of antifinancial crime controls across 21 banks (with a focus on the facilitation of corruption-related payments in the Gupta/State capture events).
- Assisting a UK regulator in a dual track (regulatory and criminal) investigation into terrorist financing concerns relating to a household name global bank.
- Assisting a UK brokerage firm in the analysis of the trading behaviour of several CFD accounts in response to suspicions of market front-running.
- Acting as an expert witness in disputes relating to fraud, market abuse and financial crime controls in VASPs.
- Assisting a gambling operator in the independent review and enhancement of anti-money laundering and responsible gambling controls and regulatory liaison during a UKGC visit.
- Assisting a European gaming and gambling regulator in reviewing (akin to an S166) gaming operators and training/upskilling the regulator’s own staff.