Team

Adam
Terry

Practice Lead, Financial Services
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Adam Terry

Adam Terry is Global Counsel’s Practice Lead on Financial Services. Adam joined Global Counsel from the European Parliament, where he was political adviser to Anneliese Dodds MEP and John Howarth MEP, specialising in financial services and tax policy. Prior to this, Adam was Head of Public Affairs at the housing and homelessness charity Shelter.

He started his career in the UK civil service, where he worked across a range of government departments and policy areas, from preparations for the London 2012 Olympic Games in the Department for Culture, Media and Sport; through managing counter-narcotics programmes in the British Embassy in Afghanistan; to preparing the Prime Minister for weekly PMQ sessions in 10 Downing Street.

Latest Insights by Adam Terry

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What does it mean for finance to be "open"?

Financial Services

We are now 18 months on from the launch of the UK’s Open Banking initiative, which empowers consumers to demand that their bank share their financial data with third parties who can provide account aggregation or payment initiation services. The jury’s still out on whether this market intervention will provide the intended boost to innovation and competition, but already…

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The future of finance with Paul Myners and Huw van Steenis

Financial Services

Global Counsel financial services practice lead, Adam Terry, talks to GC vice-chair and former UK City minister, Paul Myners, and Huw Van Steenis, whose major report for the Bank of England on “the future of finance” was published earlier this year.

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Price and value: how best to measure a company's performance?

Financial Services

In his 2018 letter to CEOs, Blackrock’s Larry Fink set some serious hares running in his insistence on the related concepts of “purpose” and “profit”. While a company’s purpose is irrelevant if it is not profitable, he argues, the former must always drive the latter: “purpose is not the sole pursuit of profits but the animating force for achieving them”. These sorts of…

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Risks in AI: re-evaluating the regulatory rulebook

Financial Services

AI is already transforming the delivery of financial services. This is true both at the highly sophisticated end of the market, where firms make use of AI to execute high-frequency trading strategies and at the level of the individual retail investor, where AI can tailor and deliver financial “robo-advice” to consumers. Deferring to machine judgement and automation is by…

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