Mr Donovan-Smith has developed a broad range of experience dealing with complex financial services matters including FSA interventions/regulatory transactions, OTC and Exchange Traded Derivative products, regulatory compliance, risk management, FSMA/FCA requirements and cross-border regulatory issues.
Before entering into private practice in 2003, Mr Donovan-Smith was with INVESCO Asset Management Limited between 1998 and 2002 where he was the Associate Director of Business & Legal Affairs for INVESCO’s offshore division. His responsibilities included supervising compliance with legal requirements in Ireland, Jersey, Luxembourg and the United Kingdom. Following INVESCO’s acquisition of Liechtenstein GT in May 1998, he was seconded to Dublin to manage the integration of INVESCO’s key international distributors (Merrill Lynch and Charles Schwab).
After leaving INVESCO, Mr Donovan-Smith was a management consultant between 2002 and 2003 at CSTIM Limited (now part of Navigant Consulting), a specialist financial services consultancy firm) where he consulted on regulatory compliance, outsourcing, lift-outs, UCITS funds and structured fund products. During this period he led a team advising a major U.S. bank on a potential cross-border acquisition and undertook a project to review of FTSE 100 international fund management company's compliance with new financial services regulations.
Mr Donovan-Smith is also a member of the firm’s Global Government Solutions practice and regularly participates in policy advocacy and advice and was a member of the Conservative Party’s Pensions Working Group to respond to the Government Green Paper on Pensions Reform and advised the Conservative Party’s chief negotiator for the EU’s Alternative Investment Fund Managers Directive. Mr Donovan-Smith is also a presenter for the Conservative Party’s Leadership Development Programme.