Experience
  • Advised large US Private Equity manager on the acquisition of the UK significant payment institution, including the change in control approvals in the UK, EU and over a dozen of international markets.
  • Advised U.S. financial institution on the post-Brexit restructuring of the European operation, including the separation of the UK and EU businesses.
  • Advised US, UK and EU investment managers on the regulatory aspects of the launch and marketing of private equity, credit, infrastructure and real estate funds strategies.
  • Advised UK, EU and US based clients on the new EU sustainability initiatives, including the SFDR and Taxonomy Regulation, various aspects of the new EU cross border funds distribution regime, MiFID II and AIFMD (including the draft AIFMD II).
  • Led on multi-jurisdictional global regulatory compliance projects for large German and US financial institutions covering multiple areas of law, including licencing, anti-money laundering, regulatory reporting and other conduct obligations in multiple jurisdictions in the EU and outside the EU.
Bio

Costa is a partner in the London office of King & Spalding. He represents domestic and international financial institutions, fund and asset managers, investment advisers, insurance brokers, Fintech and payments clients on a broad range of financial services regulatory, ESG and compliance matters.

Costa routinely acts for institutional clients, advising on all aspects of the UK financial services regulatory framework, including FCA authorisation and conduct rules, change in control requirements, the regulatory framework for alternative investment fund managers (including the AIFMD asset-stripping, pre-marketing and marketing rules). He advises on international funds private placement frameworks, the EU SFDR and UK SDR regimes and ADGM and DIFC regulatory requirements.

He also has extensive experience advising clients on global regulatory compliance programmes, cross-border offering of products and services, financial sanctions, market abuse, financial crime and anti-money laundering legislation.

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Capabilities
Financial Services
Capabilities
Financial Services Regulation & Enforcement
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