London has long been one of the world's leading international financial centres.
It is home to over 250 foreign overseas banks, more than any other city in the world; the UK accounting for 17% of international bank lending. It is also the world's biggest currency trading centre, accounting for some 37% of global foreign exchange trading.
Over 500 foreign companies are listed in London and the UK is the leading derivative centre worldwide, accounting for 39% of trading in OTC interest-rate derivatives.
Over 200 international law firms have offices in the UK with many choosing London as their head office. English common law is the most widely used legal system in the world, covering 27% of the world’s 320 legal jurisdictions.
Carey Olsen in London
Carey Olsen established its London offices in 2002. Since this time our London base has played an important role in providing clients and contacts in the UK and Europe with direct access to our legal services.
Our London based team provides a broad range of legal advice relating to the laws of the British Virgin Islands, Cayman Islands, Guernsey and Jersey, including corporate and finance, investment funds, restructuring and insolvency and dispute resolution and litigation.
Whilst we do not provide legal advice under the laws of England and Wales, we work alongside all of the major international law firms, accountancy firms and insolvency practitioners and our clients include global financial institutions, investment funds, private equity houses, multi-national corporations, sovereign wealth funds and high net worth individuals.