Navigating the regulatory landscapes

Treasury Spring - Sophie Forbes

Sophie Forbes

Head of Legal
Wednesday, Jan, 18, 2023
2mins

What have you learned from 2022 that will guide you into 2023?

One of my key learnings from this year has been to value the benefits of strategic partnerships. We have launched exciting partnerships with ICD, the London Stock Exchange and StartUp CFO this year which offer huge potential and opportunities for TreasurySpring as a growing business – and by extension our continuously expanding client base. I’m looking forward to continuing to leverage our existing partnerships while also discovering new partners in 2023.

Can you share a memory from 2022 that left you feeling inspired?

I joined TreasurySpring at the beginning of 2022 and it has been hugely inspiring to see projects I have worked on come to fruition throughout the year. Receiving our first investment firm regulatory capital balances on the platform is a specific example that comes to mind – this started as a legal research task, leading to the production of marketing materials to help prospective clients navigate the regulatory regime and resulted in cash balances being placed on our platform by an investment firm client within the scope of the UK’s Investment Firms Prudential Regime. This proved to be a huge success from botha legal perspective and for the business. It was a great team effort and I feel lucky to work on such interesting and innovative projects with such a fantastic group of colleagues.

What are your most important objectives for 2023?

As 2023 comes around, my key focus will be to work on expanding our global reach so that clients from an increased number of jurisdictions can benefit from what TreasurySpring has to offer. From a legal perspective, this will involve navigating the relevant regulatory landscapes which, with continued regulatory divergence between the UK and the EU following Brexit, in addition to macro concerns which will likely influence additional regulatory changes to the banking sector on a global basis, will certainly keep the lawyers busy!

What is going to rock your working world in 2023?

Our business has almost doubled in size since I joined and so keeping up with the legal needs of a growing company whilst continuing with our expansion plans in terms of product offering, reaching new regulated pools of cash and being able to market into new jurisdictions, all whilst we continue to experience the impact of Brexit and the coronavirus pandemic on the UK economy, means we are set to have another challenging yet exciting year ahead.

Take a look at our full review here!

Insights

Numbers and values

Numbers and values

2023. What have you done for me lately?

2023. What have you done for me lately?

Well-placed ambition

Well-placed ambition

Looking brighter, inside and out

Looking brighter, inside and out

 
 

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