Global Head of Private Wealth and Head of Financial Services
Norton Rose Fulbright US LLP
Andrew Lom is US Head of Financial Services and Global Head of Private Wealth based in New York. He is a corporate and regulatory lawyer, advising high-net-worth families and financial institutions on asset management and governance matters.
Andrew’s work with clients is focused on financial product design, FinTech regulation, fund formation and fund investments, family office structuring, succession planning, securities and derivatives trading, private company fundraising, and securitization.
Recent Articles & Comments
One of the original criticisms from business owners about the CTA was that it duplicated efforts because they already reported sensitive ownership and personal information to their financial institutions. While the reporting to financial institutions was considered a necessary evil because it went in exchange for receiving banking and other financial services, the new CTA report to the government seemed to benefit nobody. Business owners' concerns were temporarily assuaged with the idea that…
It is good to see the official discourse about blockchain growing up into other areas besides crypto.
One of the main identified trends seems to be growth. When the stock market is at record highs and other asset classes are following suit, asset owners have to put their resources somewhere, maybe everywhere. This could point to increasing correlation among asset classes. Noteworthy is that the SEC does not seem to have identified a trend in growth in one or two asset classes at the demonstrable expense of others. The question, then, is what the SEC chooses to do with these identified trends…
For years, financial services firms around the world have been working on various blockchain-based or tokenized systems for tracking cash, payments flows, securities and other assets. The systems often focused on single use case, asset or transaction type. At the same time, central banks have been exploring official digital currencies, and FinTechs have offered stable coins as a means to store value and make digital payments in a way that avoids volatility or exchange rate risk. How these…