Dina Devalia Email & Phone Number

London, England, United Kingdom

Dina is a qualified chartered accountant and a licensed Insolvency Practitioner (IP) and has over 20 years’ experience advising on forensic and accounting investigations, regulatory enforcement and insolvency related matters. As an IP, she fully understands the regulatory requirements of all key stakeholders in addition to the insolvency issues and is able to provide the management, board and members with the assurance that they require on their regulatory obligations. Having spent ten years working for the Financial Conduct Authority (then the Financial Services Authority), her knowledge of the financial services regulatory framework, including the FCA handbook, is second to none. During this time, she led successful forensic investigations into market abuse, fund management, custody, systems and controls, financial crime, money laundering and client asset cases.Since 2012, Dina has specialised in advising credit unions facing challenging trading conditions, insolvency and regulatory issues.

London, United Kingdom

Within the financial services sector, Dina specialises in:• forensic investigations, regulatory enforcement and insolvency related actions; • advising credit unions facing insolvency and challenging regulatory and trading conditions; and• advising on compliance with the Bank Recovery Resolution Directive Since 2012 Dina has continued to advise credit unions facing insolvency or distress, liaising closely with all key stakeholders (including the FCA/PRA and FSCS) on regulatory issues, including the impact on consumer compensation. Have been appointed on 11 credit union administrations across England, Scotland and Wales.In addition Dina has advised on a number of high profile insolvency cases within the financial services industry over the years and her portfolio of cases covers credit unions, structured products, retail businesses, client assets and deposit taking firms. She also has extensive knowledge of the financial services regulatory framework, including the FCA Handbook.

Associate Partner specialising in corporate recovery within the financial services industry. I continued to develop my specialism in advising credit unions facing insolvency and distress.During this period I advised several credit union firms and their boards of directors on the discharge of their regulatory obligations under FSMA and the credit union sourcebook. In I also advised credit unions facing distress liaising closely with all key stakeholders (FCA/PRA and FSCS) on the regulatory issues arising including the impact on consumer compensation. I presented at a number of credit union trade body conferences on key regulatory issues affecting credit unions.I also contributed to the various regulatory consultations affecting credit unions including the application of Administration appointments to credit unions. (September 2013) and the proposed guidance on wind down planning (July 2016).

London

Responsible for assessing and advising on early intervention procedures in respect of firms facing insolvency and distress within the financial services industry. Following the Bank Recovery and Resolution Directive coming into force, I gained an appreciation of the qualitative and quantitative recovery plan indicators as set out by the European Banking Authority (EBA) together with an overview of the special resolution regime (including the Recovery Resolution directive, the Banking Act 2009 and secondary legislation, the FCA/PRA rules and the Code of Practice).

London, United Kingdom

Senior Manager responsible for the daily management of a portfolio of forensic investigation cases into asset and funds tracing, MTIC fraud, POCA and antecedent transactions. Managed a portfolio of circa sixty cases with specialism in insolvency appointments within the financial services industry.Since 2012, Dina has specialised in advising credit unions facing insolvency, challenging regulatory changes, trading conditions and the implications of the senior managers’ regime.

London, United Kingdom

Responsible for the project management of large/complex regulatory investigation cases and possess a high standard of industry awareness within the financial services industry. I also held position as policy expert on FSA’s insolvency powers as set out in FSMA 2000 advising on insolvency status of a number of regulated firms. The FSA was restructured to the FCA in April 2013.

London, United Kingdom

Responsible for the daily management of a portfolio of corporate recovery cases (Administrations, CVA’s, Receiverships and Liquidations). I also led investigations into pre-lending reviews, director investigations (for the purposes of reporting to the DTI), forensic investigations into asset and funds tracing and business reviews for lenders. I was also part of the initial team that contributed to the development of the forensic accounting practice of the firm.

London, United Kingdom

I trained and qualified as a chartered accountant with this big four international accountancy firm initially in audit and later moving to the corporate finance and insolvency division of the firm.