Financial Risk Management

European Finance, Litigation, and Dispute Resolution Group

The financial landscape and the regulations that govern it are rapidly changing. Initiatives by the European Union and individual countries to change the way they monitor and regulate financial markets, cross-border transactions, and institutions are contributing to a climate of heightened uncertainty and risk. In such conditions, a deep understanding of financial markets and the economics underlying different financial products is vital to addressing regulators' concerns effectively and to favorably settling commercial disputes that may arise in the new environment.

NERA is widely recognized as a leading firm in financial economics, securities, derivatives, valuation, and risk management. Our European Finance, Litigation, and Dispute Resolution Group is based in London and includes leading experts from around the world. NERA experts bring to bear a thorough understanding of financial markets and the regulatory institutions that govern them. The insights we apply in our roles as consultants and expert witnesses build on experience gained as officers at major global institutions, financial regulators, faculty at top-tier universities, and industry arbitrators.

As from 1 April 2013, NERA was appointed to the Skilled Person Panel of the UK Financial Conduct Authority and Prudential Regulation Authority, in the area of Prudential - Insurance. Please visit the FCA or PRA website to see the Panel in full.

Litigation, Arbitration, and Dispute Resolution

NERA economists assist clients in all stages of litigation and arbitration relating to finance, financial asset markets, valuation, and complex commercial disputes, including discovery, fact analysis, and development of economic and financial models addressing questions of liability and economic damages. We act as independent experts, provide consulting services, review and critique reports by opposing experts, and assist clients with preparation of well-documented reports, exhibits, and testimony. Our expert testimony has been provided in courts and arbitration forums in countries around the world.

Our areas of focus include:

• Valuation and Pricing of Assets, Derivatives, Securities, and Complex Financial Instruments
• Disputes Between Financial Institutions and Their Customers
• Investment Fund Litigation and Regulatory Investigations
• Bankruptcy and Insolvency Litigation
• Securities Fraud and Insider Trading: Litigation, Regulatory Enforcement, and Insurance Coverage Disputes
• Tax-Related Litigation

Advisory Services

NERA economists also provide advisory services to clients related to securities, derivatives, finance, valuation, and risk management. We work with regulators, banks, insurers, trade associations, corporations, building societies, and policy makers within the financial services sector. Our team combines rigorous economic thinking and quantitative analysis with practical experience. Our finance experts specialize in the design and evaluation of financial regulation; the application of techniques to measure and manage risks; and the development of financial sector policy. Our sectoral experience includes investment and savings products, insurance, mortgages, brokerage and trading (including clearing and settlement), consumer credit, debt management, and export credit.

Our areas of focus include:

• Valuation and Pricing of Assets, Securities, Derivatives, and Complex Financial Instruments
• Measuring and Managing Risk
• Evaluating the Impact of Financial Regulation
• Evaluating Public Policy in the Financial Sector