Reed Smith’s significant risk transfer (SRT) team, led by partners Mark Drury and Sarah Caldwell and counsel Jennifer Ellis, has been recognised for its outstanding work in the risk sharing and credit risk transfer space. The team is renowned for its deep experience in advising a broad range of market participants on the structuring, negotiation and execution of complex risk sharing transactions.

The firm provides comprehensive legal support throughout the entire risk sharing lifecycle. This includes initial structuring, regulatory compliance, portfolio management and ongoing transaction management. The team advises on a wide variety of SRT transaction structures, including credit-linked notes, bilateral credit derivatives, financial guarantees and traditional securitisation structures. These SRT transactions provide a vital tool for banks seeking to optimise regulatory capital and maintain robust lending activity, while also offering investors attractive opportunities to participate in lending risk. As the European market continues to evolve, SRT transactions have become increasingly important for both capital management and market development.

The firm’s recognition at the SCI Risk Sharing Awards is a testament to its commitment to delivering market-leading advice and supporting the growth and resilience of the European credit and specialty finance sectors. Reed Smith’s SRT and specialty finance teams are known for their technical excellence, commercial acumen and ability to navigate the rapidly changing regulatory landscape, making them trusted advisers on some of the most significant and innovative risk sharing deals in the market.

The SCI Risk Sharing Awards cover the global capital relief trades market and the U.S. credit risk transfer market. Winners will be announced at a ceremony held in London on 14 October 2025. More details of the awards can be found on the SCI website.