Close

People

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

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

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

Costa is recognized as a ‘Next generation Partner’ in the Legal 500 and as ‘Up and Coming’ in Chambers UK for his work in financial services (non-contentious/regulatory). 

Full Bio

Credentials

LL.B., University of Law, London

LL.M., King's College London

England and Wales

The Law Society of England and Wales

Russian

Chambers UK 2025 & 2026


Chambers

Up and Coming : Financial Services: Non-contentious Regulatory


Chamber UK 2025 - Chambers UK 2025

‘Next generation Partner’, Financial services: non-contentious/regulatory


Legal 500 UK , 2026 - Legal 500 UK, 2026

“Partner to Watch”, Financial Services: Non-contentious Regulatory


Chambers and Partners, 2021 - 2024

Close

Recognition

Chambers UK 2025 & 2026


Chambers

Up and Coming : Financial Services: Non-contentious Regulatory


Chamber UK 2025 - Chambers UK 2025

‘Next generation Partner’, Financial services: non-contentious/regulatory


Legal 500 UK , 2026 - Legal 500 UK, 2026

“Partner to Watch”, Financial Services: Non-contentious Regulatory


Chambers and Partners, 2021 - 2024

Matters

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.

See more

Close

Matters

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.

Insights

Article · Source: The Oath and Lexis Middle East

February 13, 2026
A new era for UAE federal securities regime

View all

Matters

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.

See more

Close

Matters

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.

Insights

Article · Source: The Oath and Lexis Middle East

February 13, 2026
A new era for UAE federal securities regime

View all

Credentials

LL.B., University of Law, London

LL.M., King's College London

England and Wales

The Law Society of England and Wales

Russian

Chambers UK 2025 & 2026


Chambers

Up and Coming : Financial Services: Non-contentious Regulatory


Chamber UK 2025 - Chambers UK 2025

‘Next generation Partner’, Financial services: non-contentious/regulatory


Legal 500 UK , 2026 - Legal 500 UK, 2026

“Partner to Watch”, Financial Services: Non-contentious Regulatory


Chambers and Partners, 2021 - 2024

Close

Recognition

Chambers UK 2025 & 2026


Chambers

Up and Coming : Financial Services: Non-contentious Regulatory


Chamber UK 2025 - Chambers UK 2025

‘Next generation Partner’, Financial services: non-contentious/regulatory


Legal 500 UK , 2026 - Legal 500 UK, 2026

“Partner to Watch”, Financial Services: Non-contentious Regulatory


Chambers and Partners, 2021 - 2024