Andrew Procter, former global head of compliance, government and regulatory affairs at Deutsche Bank, will join the law firm of Herbert Smith Freehills as a partner in the firm's global financial services regulatory practice in June.

Procter's departure from Deutsche Bank follows a scathing report published by Germany's financial regulator, BaFin, portions of which were leaked to the local media. In the report, BaFin criticized the bank's management for its lack of response to allegations related to the LIBOR trading scandal, according to German weekly news magazine Der Spiegel.

In his new role at Herbert Smith Freehills, Procter will be involved across the firm's work with financial services clients. “With his technical expertise and strategic judgment, he is ideally placed to assist with the increasingly difficult calls facing Herbert Smith Freehills' financial services clients in the contentious and non-contentious spheres,” the law firm stated.

Prior to joining Deutsche Bank in 2005, Procter served as head of the Enforcement Division at the U.K. Financial Services Authority from 2001 to 2005, and has held senior positions at the Hong Kong Securities and Futures Commission. Prior to that, he was at the Australian Securities Commission.

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