Global law firm Ashurst has established a risk advisory business in the UK.

Led by a team of three partners, Ashurst Risk Advisory will provide consulting services that complement the firm's core legal services, initially focusing on financial services.

Financial crime expert Matthew Russell joins the firm from PwC, while conduct and regulatory practitioner Nisha Sanghani joins from boutique consulting firm Rosediem. They will work alongside partner Matthew Worsfold, who will relocate to London from the firm's Sydney office.

"As we celebrate the second anniversary of the launch of our consulting offering in Australia we are delighted to be accelerating the business' momentum and expanding our risk advisory business into the UK. Our global team will help clients to successfully navigate their most important opportunities and challenges, with offerings aligned to financial services regulation, workplace health and safety, ESG and sustainability, data and analytics and cyber and strategic risk,” said Paul Jenkins, Ashurst global CEO.

"One of the key strategic risks facing business leaders across the globe today is the challenge of how to manage fast-moving cyber risks and regulations. Cyber crime in the UK rose sharply during the pandemic while the rise of cyber-attacks mean it is vital that organisations take a more proactive approach to cyber security. Our risk advisory business is already supporting the leadership teams and Boards at many of the world's leading organisations to improve the governance, compliance, risk management and crisis response to cyber security, and we are excited to extend this into the UK."

Ashurst Risk Advisory is being set up and will run as a separate business. It will not offer legal services or legal advice and it will not be regulated by the Solicitors Regulation Authority.

Share Story: