Nikesh Shah

With a background spanning in-house roles, regulatory bodies, and consultancy, Nikesh delivers practical, real-world solutions tailored to the unique needs of his clients in regulated markets.

His expertise lies in:

• Supporting regulatory authorisations and applications.
• Helping organisations identify and manage conduct risks.
• Enhancing governance frameworks, including advice on how Senior Managers and Certification Regime will impact the client.
• Conducting assurance and due diligence reviews to enhance compliance and help manage their regulatory risks.
• Advising on regulatory changes and their business impacts.
• Improving client’s engagement with regulators to align with regulatory expectations.

Nikesh’s pragmatic, insightful approach enables clients to manage regulatory challenges effectively and strengthen their compliance frameworks.

Nikesh supported a client seeking FCA authorisation, after the client had withdrawn two prior applications. His assistance included:  

• Designing a new operating and regulatory model to simplify regulatory arrangements while meeting business objectives. 
• Conducting an assurance review of previous applications and regulated business processes to identify areas requiring enhancement. 
• Developing a comprehensive set of policies and procedures aligned with regulatory requirements. 
• Advising on process improvements and necessary governance arrangements. 
• Assisting in the preparation and submission of a new authorisation application with supporting documents. 

Additionally, Nikesh conducted a financial services regulatory conduct risk due diligence review for a bank involved in an M&A transaction. 

He also undertook a CMA Retail Banking Order compliance assurance review for a bank, including controls testing. 

Nikesh also advised a mortgage lender on regulatory considerations and risks for a proposed business restructure, providing actionable recommendations.