Jonathan Herbst is the Global Head of Financial Services Regulation at Norton Rose Fulbright and joined the London practice as a partner in October 2002. He was previously Head of European Law at the UK Financial Services Authority from 2001 to 2002.

Jonathan is a leading practitioner in the field of UK and EU financial services law and regulation. He specialises in regulatory advice relating to bank structuring, markets, commodity derivatives, custody and clearing and the regulatory aspects of acquisitions and disposals. Much of his work now involves strategic advice to senior management and legal teams on the implications of regulatory reform and relationships. In particular he has advised a number of banks on their documentation and systems and controls projects to implement the senior managers' regime.

Jonathan is ranked Band 1 in Chambers, where he is noted for having “a depth of knowledge and experience that’s second to none” as well as being recognised in Legal 500’s Hall of Fame where he is praised for “his superior intellect not to outwit others but to simplify complex matters in order to provide useful, useable advice”.

Jonathan is a leading commentator on Brexit and co-authored a report for the Financial Services Forum on regulatory equivalence which was extensively referenced in a number of publications including Financial News, Reuters, FT Financial Adviser and City AM. As testament to his expertise on the topic, Jonathan gave evidence to the House of Lords EU financial affairs sub-committee inquiry on the impact of Brexit on financial services.