Thomas Pritchard

Principal Associate PSL, Eversheds Sutherland

Thomas is a Principal Associate Professional support Lawyer at Eversheds Sutherland in the Financial Services team. He has worked in legal knowledge management since 2002 in various fields including financial services, Brexit, insolvency, restructuring and banking. He has previously worked at Clifford Chance, Slaughter and May and White & Case and ran his own knowledge management company, principally supplying content for LexisPSL.

Previously a PSL in the Finance team, in February 2018 Thomas switched disciplines to support our growing Financial Services team. His recent experience includes:

Creating a know-how culture in the Financial Services team to ensure that know-how is captured, processed, stored and exploited to the full, internally and in thought leadership briefings for clients

Developing the first formal precedent suite for the Financial Services team

Supporting and developing the Financial Services teams internal and client facing training programme and capability.

Thomas is a regular trainer at Eversheds Sutherland internal diploma courses for junior lawyers and frequently presents to clients on the Financial Services aspects of Brexit.

Contributed to

2

Side pockets for FCA authorised funds

Practice notes

This Practice Note covers the Financial Conduct Authority (FCA)’s regime that enables authorised funds to use side pockets for assets affected by the Russian invasion of Ukraine and the resulting sanctions. In particular, it sets out questions and answers relating to this regime, among other, on: scope; initial considerations; impact on investors; cost considerations; alternatives; changes to the FCA’s proposed rules; and any further FCA guidance relating to side pockets and managing side pockets.

Financial Services

Other work

The FCA to consult on side pockets for Russian and Belarusian assets

Financial Services analysis: Ronald Paterson, partner, Sarah Burnside, legal director, and Thomas Pritchard, principal associate professional support lawyer, all of Eversheds Sutherland (International) LLP analyse the Financial Conduct Authority (FCA)’s announcement that it plans to consult on allowing UK authorised retail funds to make exceptional use of ‘side pockets’ in light of the difficulties to dispose of Russian and Belarusian assets. Areas covered include how side pockets can be used effectively, their effect on retail investors and the reason why side pockets have not been used previously for FCA authorised retail funds.