Hugo Lodge Email & Phone Number

United Kingdom

A regulatory and targeted financial sanctions expert, with a background in serious and organised crime cases. Advising banks, trusts, investment managers and fund entities on their regulatory obligations from AML to ESG. An experienced jury advocate.Subject matter expert on Anti-Money Laundering (and related fields of Counter ProliferationFinance and Counter the Financing of Terrorism) and have had three books published by Oxford University and The Law Society of England & Wales. Most recent publication is the Blackstone’s Guide to the Sanctions and Anti-Money Laundering Act 2018 which has a focus on Russia targeted financial sanctions. Butterworths / Lexis Nexis expert on the Proceeds of Crime Act, since 2020. Environmental Social & Governance (ESG) obligations specialist.Active member of the Financial Services Lawyers Association (FSLA) and has had three extended periods of work the UK’s Financial Conduct Authority (FCA).Called to the Bar in England & Wales in 1998, and became an Attorney in the Cayman Islands in 2019 as a partner in the largest offshore law firm. Admitted as an DIFC advocate in 2023. Currently based between the Caribbean, London and Dubai, appearing in the DIFC courts. An experienced advocate in serious civil and criminal cases, he has an extensive practice before appellate courts.

Dubai, United Arab Emirates

Advocate of more than 24 years standing with expertise in financial services and regulatory litigation. Current practice as senior member of international litigation team focuses corporate, commercial, financial services and regulatory matters. Expertise in the work of the DIFC’s new Digital Economy Court.

Cayman Islands

Advisory and consultant work for Cayman banks, trust companies and corporate service providers. Financial services and AML specialist. Senior management and consultancy roles in respect of: CIMA Inspections- audit, preparation and remediation; AML (and the related fields of CFT / CPF / TFS); Economic Substance advice; Policies & Procedures- drafting, amendment and testing; AMLCO Outsourcing; MLRO / DMLRO Outsourcing; bespoke training and assessment on all regulatory matters; Business Risk Assessments; Country Risk policies and assessment.

Georgetown, Grand Cayman

Leading supervision of AML for Attorneys in the Cayman Islands. Co-ordinating outreach in respect of targeted financial sanctions. Deputy MLRO.Oversee the testing of internal controls regarding AML/CFT compliance, including cases of delegated & relied upon services providers. Prepare compliance reports including key findings and recommendations. As part of desk-based reviews, monitor the effectiveness of established compliance processes and controls; and recommend and oversee the implementation of enhancements.Work closely with colleagues at CIMA, regularly attending the Supervisors Forum and CIG’s AMLR reform working group, with CIMA and all other financial regulators on island.

Georgetown, Grand Cayman

Advised on Sanctions and AML. Interpretation of Guidance Notes, especially in respect of: nominee / eligible introducer relationships; application of risk based approach; targeted financial sanction checks; and investment-side obligations. Expert on interplay of OFAC and OFSI targeted financial sanctions.In respect of Data Privacy Law, regularly advised on privacy notices and adaptation of GDPR principles. Expert on Counter-Terrorism Financing global standards, published academic author on UK Terrorism laws. Attend Cayman Islands Working Group meetings on AMLRs.

London, United Kingdom

Lead Associate in anti-money laundering (AML) supervision in the UK legal sector. Regularly met with HMRC, HM Treasury, National Crime Agency and other professional body supervisors to help shape financial regulation and compliance in the UK. Part of UK delegation to Financial Action Task Force (FATF) plenary in Paris, June 2018. Helped draft their new guidance on ‘Risk Based Approach’ in the legal, accountancy and TCSP sectors. Due for publication October 2018Gave evidence on behalf of UK government to FATF assessors as part of the Mutual Evaluation of AML controls in the UK, April 2018. Sat within the broader Financial Crime Department at the FCA which supervises financial institutions for AML compliance. Assessed professional body supervisors in the UK legal sector for their compliance with the 2017 Money Laundering Regulations (MLRs).

London, United Kingdom

Previously on secondment from the Bar, to Enforcement at FCA.Working as part of Enforcement and Market Oversight. Investigating and advising upon a range of cases. Have conducted interviews under s.171(1) and 172(1) of the Financial Services and Markets Act 2000.Focussed on alleged breaches SMR and of AML regimes including SYSC 6.3 (firms' obligations in re AML controls), COBS 10 (appropriateness) and MLR 2007 regs 5 (Customer Due Diligence), 8 (on-going monitoring) and 14 (enhanced due diligence, especially in re Politically Exposed Persons').

7 Bedford Row, London

Previous experience at the Bar includes:Fraud LitigationCase of a Director of a City firm accused of systematic fraud against his employer. Trial at the Bailey. Represented senior figure at a FTSE 100 Company who was arrested in a dawn raid by police, acting on flawed financial information. Brought Judicial Review to return his seized property and compel investigators to cease, whilst maintaining the client’s anonymity, a leading authority in the field of High Court challenge to investigations / bails to return. Advised in criminal prosecution brought by City of Westminster Council against partner of ride hailing app. Advocate at first instance trial into alleged systematic breach of street trading licensing regime. Middlesex College – Court of Appeal case in respect of financial data provided by credit reference agency. Question as to whether ‘Special Procedure Material’ has been obtained in breach of Data Protection regime. Advocate at first instance (Crown Court) trials lasting 6 months in London on indictment of Fraudulent Trading worth £10 Million and linked money laundering. ‘Abuse of process’ argument at criminal trials in respect of successful High Court challenge to original search warrant, based on breaches of PACE 1984.Fraudulent trading - Successfully defended company director (allegedly trading nano-technology via London Metal Exchange) allegedly used as a front for money laundering and importation of drugs. Acquitted at jury trial (after three months) involving forensic accountant expert evidence.Commercial Court, defended Company Director from committal to prison following his breach of a High Court Injunction. PUBLIC LAWTahir Alam in his appeal against Sec State for Education.Admin Court experience in judicial review, extradition appeals, appeal against decision of SDT.Pupil supervisor at Gray’s Inn since 2005.

Worked as a door tenant at 30 Park Place.http://www.30parkplace.co.uk/barristers/profile/hugo-daniel-lodge

London, United Kingdom

Master Of Arts (M.A.), Law

Activities and Societies: Chair, Cambridge University Cricket Society President, Cambridge Law Conference Master of Moots, Cambridge Law.

Education record

A-Levels in English Literature, History and French S-Level in English Literature and History