• A junior accomplished beyond his years, Rhys Meggy's practice focuses on allegations of criminality and/or regulatory impropriety on the part of professionals and corporates.

    Corporate & Financial Crime

    Rhys Meggy's practice encompasses all aspects of Chambers' expertise, with an emphasis on corporate and financial crime and regulation. Hes prosecutes but predominantly defends, in various roles within the field often appearing alone in complex and serious cases.  Rhys focuses on allegations of criminality and/or regulatory impropriety on the part of professionals and corporates, as well as on general crime. He is commercially aware and skilled at getting to grips with industry practices, notably in the financial services sector and several fields of engineering. During 2015-2016 he was seconded to an investment bank subject to regulatory scrutiny. He presents on corporate and financial crime topics including corruption, tax evasion and money laundering.  Before joining Chambers, Rhys worked at a law firm in the British Virgin Islands undertaking litigation relating to the collapse of Bernie Madoff's 'ponzi' scheme as well as other commercial fraud litigation. He is recommended by both Chambers UK 2018 and the Legal 500 2017 as a Leading Junior in Financial Crime

    Crime

    Rhys Meggy has experience of a wide range of criminal offences, from the more common place to the most serious.  He has been instructed as led, leading and sole counsel and has worked across all tiers of the English legal system for  both the prosecution and the defence.  He was recently instructed as leading junior in an 8 week multi-handed crown court trial.  Rhys is frequently instructed to defend professionals. 

    Regulatory

    Rhys both presents and defends in a wide range of regulatory and professional disciplinary proceedings and has considerable experience of financial services regulation.  Whether defending or presenting, he is adept at quickly assimilating information and getting beneath the skin of industry practice so as to identify the boundaries of professional conduct to contextualise, explain and/or expose registrants’ behaviour. He is measured in his approach and exact in his advocacy. He is sensitive to the wider reputational and personal consequences of regulatory action.

    Reviews 

    Chambers UK 2019: Financial Crime - Band 4

    Legal 500 2018: Business and Regulatory Crime (Including Global investigations) - Tier 3; Fraud Crime - Tier 3

    'Really bright and really hard-working,' 'he's wonderfully eloquent.' Chambers UK Financial Crime (2019)

    'A bright, charming and eloquent junior.' Legal 500 Business and Regulatory Crime (Including Global Investigations) (2018) 

    'A forceful advocate who impresses all who come across him.' Legal 500 Fraud: Crime (2018)

    'A junior with a fast-growing reputation for defending individuals facing financial crime proceedings, he also provides counsel to corporations on compliance questions. His practice spans tax fraud, money laundering and corruption matters.' Chambers UK Financial Crime (2018)

    'He is quite old-school in his style and very charming. He handles delicate matters really well.' Chambers UK Financial Crime (2018)

    'A wonderful advocate, and well on his way to becoming a top junior in commercial crime.' Legal 500 Fraud Crime (2017)

    'Solicitors rate him for criminal data protection, corruption and insider dealing matters.' Legal 500 Business and Regulatory Crime (Including Global Investigations) (2017) 

    'Clever and sympathetic.' Legal 500 Fraud Crime (2016)

    Appointments

    • CPS Level 2 prosecutor

    Professional Memberships

    • Criminal Bar Association
    • Financial Services Lawyers Association
    • Health and Safety Lawyers’ Association
    • Proceeds of Crime Lawyers’ Association
    • Lord Edmund-Davies Legal Education Trust, Founding Trustee
    • Young Fraud Lawyers Association

    Education

    • Bar Vocational Course, BPP
    • LLB (Hons), London School of Economics

    Privacy Notice

    Recent Cases

    • Rhys Meggy acts for a managing director of a leading investment bank, suspected of misconduct and overseeing due diligence failures relating to the issuance of several $billion in sovereign bonds.

      ...
    • Rhys Meggy advised three senior bankers subject to the Senior Managers and Certification Regime on the potential FCA regulatory consequences of their settlement of a civil fraud action in another jurisdiction. 

      ...
    • Rhys Meggy is advising a leading wealth management firm on its regulatory obligations in respect of the new corporate offence of failure to prevent the facilitation of tax evasion.  

      ...
    • Rhys Meggy advised a leading global investment bank and their external counsel on the legal and FCA & SRA regulatory risks and obligations entailed by the bank’s underwriting of an IPO for a company associated with bribery and corruption overseas.  

      ...
    • Advising an asset manager as to the extent of its anti-bribery and corruption systems’ and controls’ compliance with the FCA’s Financial Crime Guide. 

      ...
    • Defence of a solicitor accused of criminal damage.  Instructed by BCL Burton Copeland.   

      ...
    • David Jeremy QC led Rhys Meggy in the defence of a man accused of the nine-hour rape.

      ...
    • Advising a hedge fund in respect of potential Bribery Act 2010 liability arising from the provision of corporate hospitality. Instructed alone.  

      ...
    • Representation of an approved person subject to prohibition proceedings upon a reference of a Decision Notice to the Upper Tribunal (Tax and Chancery Chamber).    

      ...
    • Defence of the sales manager of an FCA-regulated payment services provider accused of abusing her access to client onboarding systems to launder the proceeds of £1.5m in cash derived from stolen gold.  SS was acquitted following a two-week trial.  Appeare...

      ...
    • Representing the CEO of a national construction company accused of instructing private investigators to unlawfully obtain – “blag” - the personal data of employees suspected of misconduct.  Instructed alone by BCL Burton Copeland. 

      ...
    • Defence of a renovator of luxury properties at all levels to the Court of Appeal where his sentence for tax evasion was reduced from three to two years' imprisonment.  DC had previously pleaded guilty to evading the VAT and income tax liability on contrac...

      ...
    • Defence of a well-known engineering multinational prosecuted in relation to environmental and health and safety failings associated with the release of greenhouses gases. Appeared alone, instructed by Baker McKenzie.  

      ...
    • Successful defence of a male accused of wounding with intent to occasion grievous bodily harm having cut open the stomach of a friend in self-defence during a domestic disturbance.  Tried in Court 1 at the Central Criminal Court. 

      ...
    • Advising a global business intelligence and corporate investigations provider (both the senior management and the investigations operatives) on the lawfulness of the methods they were employing in the conduct of a global corporate investigation into suspe...

      ...

    News

    • QEB Hollis Whiteman and Mourant Financial Services & Regulatory Forum

      Joint event hosted on 2nd October at the Radisson Blu Hotel, Jersey.

      ...
    • Successful defence of COO accused of money laundering

      Rhys Meggy successfully defended F, the Chief Operating Officer of a leading international betting exchange accused of money laundering. The prosecution were compelled to offer no evidence upon receipt of a defence application to stay the proceedings a...

      ...
    • Rhys Meggy successful in judicial review of warrants obtained by HMRC during tax evasion investigation

      In R (Hart and others) v HMRC [2017] EWHC 3091 (Admin) the four claimants were successful in their claim for judicial review of search warrants obtained by HMRC at Blackfriars Crown Court in respect of an alleged tax evasion scheme.After a two-day hearing...

      ...
    • Paul Wakerley and Rhys Meggy defend in the largest UK prison smuggling conspiracy

      Paul Wakerley and Rhys Meggy acted for defendants in the UK's largest ever prison smuggling conspiracy prosecution.Paul Wakerley represented Craig Hickinbottom, said to be the ringleader of a prolific commercial enterprise entailing the supply of drugs, t...

      ...
    • Rhys Meggy is ranked as a Leader in his Field in Financial Crime in Chambers UK Bar Directory 2018

      Details of the rankings and commentaries will be published in November 2017 in the Chambers UK Bar Directory 2018.

      ...
    • Rhys Meggy successfully defends regulated sector money laundering

      QEB Hollis Whiteman member Rhys Meggy represented SS, the sales manager of an FCA-regulated payment services provider accused of abusing her access to client onboarding systems to launder part of the the proceeds of £1.5million in cash derived from stolen...

      ...
    • Rhys Meggy appears at the Court of Appeal in tax evasion

      Rhys Meggy barrister at QEB Hollis Whiteman represented DC, a renovator of luxury properties, in his successful appeal against sentence at the Court of Appeal. His sentence was reduced from 3 to 2 years' imprisonment.At Southwark Crown Court DC had previo...

      ...
    • Rhys Meggy defends engineering multinational

      Rhys Meggy represented a well-known electrical engineering multinational prosecuted by the Environment Agency in relation to environmental and health and safety failings. The company pleaded guilty after a three year investigation. The allegations arose f...

      ...
    • Rhys Meggy interviewed by BBC, highlights legal charity's concerns about the lack of opportunities in law

      Rhys Meggy, a founding trustee of legal charity LEDLET, tells the BBC of the charity’s concern that schools are not doing enough to help dispel pupils' misconceptions about access to careers in the law. The charity aims to encourage young people ...

      ...
    • Olympic star keeps licence

      Rhys Meggy represented a leading British Olympic athlete and television personality facing disqualification from driving. The court acceded to an application not to order disqualification on grounds of exceptional hardship relating to the individual's ...

      ...
    • Tulisa Contostavlos and Mike GLC Coombs cocaine prosecution collapses (2014)

      Today at Southwark Crown Court, the Recorder of Westminster, His Honour Judge Alastair McCreath, stayed the prosecution of former X Factor judge Tulisa Contostavlos and her friend, the artist and rapper Mike GLC Coombs, as an abuse of the Court's process....

      ...
    • Tulisa Contostavlos and Mike GLC Coombs cocaine prosecution collapses

      Today at Southwark Crown Court, the Recorder of Westminster, His Honour Judge Alastair McCreath, stayed the prosecution of former X Factor judge Tulisa Contostavlos and her friend, the artist and rapper Mike GLC Coombs, as an abuse of the Court's process....

      ...

    Articles

  • Corporate and Financial Crime

    Substantial experience beyond his call, Rhys Meggy impresses the market with his commercial awareness, astute judgment and commitment to his client.

    Overview

    Rhys Meggy's practice encompasses all aspects of Chambers' expertise, with an emphasis on corporate and financial crime and regulation. Hes prosecutes but predominantly defends, in various roles within the field often appearing alone in complex and serious cases.  Rhys focuses on allegations of criminality and/or regulatory impropriety on the part of professionals and corporates, as well as on general crime. He is commercially aware and skilled at getting to grips with industry practices, notably in the financial services sector and several fields of engineering. During 2015-2016 he was seconded to an investment bank subject to regulatory scrutiny. He presents on corporate and financial crime topics including corruption, tax evasion and money laundering.  Before joining Chambers, Rhys worked at a law firm in the British Virgin Islands undertaking litigation relating to the collapse of Bernie Madoff's 'ponzi' scheme as well as other commercial fraud litigation. He is recommended by both Chambers UK 2018 and the Legal 500 2017 as a Leading Junior in Financial Crime

    Experience

    Rhys has substantial experience in corporate and financial crime, frequently defending but also prosecuting cases brought by bodies including: Serious Fraud Office (SFO); Financial Conduct Authority (FCA); Competition and Markets Authority (CMA); Department of Business Innovation and Skills (BIS); Her Majesty’s Revenue and Customs (HMRC); Medicines and Healthcare products Regulation Authority (MHRA); Health and Safety Executive (HSE); Environment Agency (EA); Information Commissioner’s Office (ICO); local authorities’ planning and trading standards departments.

    His experience includes cases of bribery and corruption; tax evasion (including following clients’ unsuccessful attempts to settle matters civilly); anti competitive behaviour; serious fraud and false accounting; money laundering inside and outside the regulated sector; unauthorised activity (e.g. land banking); large-scale false accounting; health and safety and environmental breaches; unlawful obtaining of data.   

    Rhys acts for corporates and individuals.  He has a commercial approach and is attuned to the legal, regulatory and reputational concerns of those accused of business-related crime.

    He has particular experience of considering the adequacy of preventative systems and controls, policies and procedures in the context of financial crime and health and safety offences.  As counsel seconded to a global investment bank, he advised on the design and efficacy of systems and controls across the fields of anti-bribery and corruption (ABC), anti-money laundering (AML) and the corporate offence of failure to prevent the facilitation of tax evasion.

    He has a detailed understanding of internal investigations, having represented the organisers and subjects of such inquiries. He also has experience of dawn raids and the assessment of materials for LPP.

    Rhys spent three months in 2012 on secondment to the then FSA and assisted in obtaining and administering restraint and confiscation orders arising from FSA investigations and prosecutions. His experience of work in the BVI makes him comfortable with cross-jurisdictional cases. His practice has recently taken him to Dubai and Frankfurt.

    Notable Cases

    MHRA v P Ltd and X (2015)
    Defended a pharmaceutical manufacturer, P Ltd., and a senior manager of that company, charged by the Medicines & Healthcare Products Regulatory Agency with the unlawful supply of controlled drugs. The prosecution offered no evidence on all charges.

    CMD v A (2015)
    Defence of the managing director of a furniture company subject to an OFT then CMA investigation into alleged dishonest anticompetitive cartel activity contrary to the Enterprise Act 2002.

    SFO v MP (2014)
    Defence of a chemical engineering executive accused of corruption to increase product sales in Asia Pacific. Instructed by BCL Burton Copeland.

    Reviews 

    Chambers UK 2019: Financial Crime - Band 4

    Legal 500 2018: Business and Regulatory Crime (Including Global investigations) - Tier 3; Fraud Crime - Tier 3

    'Really bright and really hard-working,' 'he's wonderfully eloquent.' Chambers UK Financial Crime (2019)

    ‘A bright, charming and eloquent junior.’ Legal 500 Business and Regulatory Crime (Including Global Investigations) (2018) 

    ‘A forceful advocate who impresses all who come across him.’ Legal 500 Fraud: Crime (2018)

    'A junior with a fast-growing reputation for defending individuals facing financial crime proceedings, he also provides counsel to corporations on compliance questions. His practice spans tax fraud, money laundering and corruption matters.' Chambers UK Financial Crime (2018)

    'He is quite old-school in his style and very charming. He handles delicate matters really well.' Chambers UK Financial Crime (2018)

    'A wonderful advocate, and well on his way to becoming a top junior in commercial crime.’ Legal 500 Fraud Crime (2017)

    'Solicitors rate him for criminal data protection, corruption and insider dealing matters.’ Legal 500 Business and Regulatory Crime (Including Global Investigations) (2017) 

    ‘Clever and sympathetic.’ Legal 500 Fraud Crime (2016)

    Recent Cases

    • Advising a hedge fund in respect of potential Bribery Act 2010 liability arising from the provision of corporate hospitality. Instructed alone.  

    • Defence of the sales manager of an FCA-regulated payment services provider accused of abusing her access to client onboarding systems to launder the proceeds of £1.5m in cash derived from stolen gold.  SS was acquitted following a two-week trial.  Appeare...

    • Representing the CEO of a national construction company accused of instructing private investigators to unlawfully obtain – “blag” - the personal data of employees suspected of misconduct.  Instructed alone by BCL Burton Copeland. 

    • Defence of a renovator of luxury properties at all levels to the Court of Appeal where his sentence for tax evasion was reduced from three to two years' imprisonment.  DC had previously pleaded guilty to evading the VAT and income tax liability on contrac...

    • Defence of a well-known engineering multinational prosecuted in relation to environmental and health and safety failings associated with the release of greenhouses gases. Appeared alone, instructed by Baker McKenzie.  

    • Advising a global business intelligence and corporate investigations provider (both the senior management and the investigations operatives) on the lawfulness of the methods they were employing in the conduct of a global corporate investigation into suspe...

    News

    • QEB Hollis Whiteman and Mourant Financial Services & Regulatory Forum

      Joint event hosted on 2nd October at the Radisson Blu Hotel, Jersey.

    • Successful defence of COO accused of money laundering

      Rhys Meggy successfully defended F, the Chief Operating Officer of a leading international betting exchange accused of money laundering. The prosecution were compelled to offer no evidence upon receipt of a defence application to stay the proceedings a...

    • Rhys Meggy successful in judicial review of warrants obtained by HMRC during tax evasion investigation

      In R (Hart and others) v HMRC [2017] EWHC 3091 (Admin) the four claimants were successful in their claim for judicial review of search warrants obtained by HMRC at Blackfriars Crown Court in respect of an alleged tax evasion scheme.After a two-day hearing...

    • Rhys Meggy successfully defends regulated sector money laundering

      QEB Hollis Whiteman member Rhys Meggy represented SS, the sales manager of an FCA-regulated payment services provider accused of abusing her access to client onboarding systems to launder part of the the proceeds of £1.5million in cash derived from stolen...

    • Rhys Meggy appears at the Court of Appeal in tax evasion

      Rhys Meggy barrister at QEB Hollis Whiteman represented DC, a renovator of luxury properties, in his successful appeal against sentence at the Court of Appeal. His sentence was reduced from 3 to 2 years' imprisonment.At Southwark Crown Court DC had previo...

    • Rhys Meggy defends engineering multinational

      Rhys Meggy represented a well-known electrical engineering multinational prosecuted by the Environment Agency in relation to environmental and health and safety failings. The company pleaded guilty after a three year investigation. The allegations arose f...

    • Rhys Meggy interviewed by BBC, highlights legal charity's concerns about the lack of opportunities in law

      Rhys Meggy, a founding trustee of legal charity LEDLET, tells the BBC of the charity’s concern that schools are not doing enough to help dispel pupils' misconceptions about access to careers in the law. The charity aims to encourage young people ...

    Articles

  • A junior barrister with impressive experience and a heavyweight practice, Rhys Meggy has everyone's confidence, from the lay-client to the court.

    Overview

    Rhys Meggy has experience of a wide range of criminal offences, from the more common place to the most serious.  He has been instructed as led, leading and sole counsel and has worked across all tiers of the English legal system for  both the prosecution and the defence.  He was recently instructed as leading junior in an 8 week multi-handed crown court trial.  Rhys is frequently instructed to defend professionals. 

    Experience

    Rhys both prosecutes and defends the full range of general criminal matters, including offences of violence, dishonesty and fraud, as well as sexual, firearms and drugs offences. He appears in all courts, from the Magistrates’ to the Court of Appeal.   Recent instructions include cases of rape, possession of a firearm with intent to endanger life, modern slavery, violent disorder and robbery. 

    A significant proportion of Rhys's defence instructions are private, but he also undertakes publicly funded work.  Rhys frequently defends professional people in the Crown and Magistrates' Courts. Past clients have included sports and media personalities, doctors, dentists, accountants, solicitors, financial services professionals, teachers, serving police officers, numerous business people and diplomatic personnel. 

    Rhys has a calm and confident manner, and relates well to both juries and clients.  His advocacy is persuasive; his presence in court is commanding yet relatable.

    Notable Cases

    R v S (2015)
    The defence of a bouncer accused of a series of serious assaults involving putting a knife to the throats of young partygoers.

    R v DD (2014)
    Represented a leading British Olympic athlete and television personality facing disqualification from driving.

    R v S (2014)
    The defence of a police officer charged with seven counts of sexual assault and misconduct in public office.

    R v Contostavlos and Coombs (2014)
    Defended the rapper Mike GLC Coombs, whose prosecution for supplying cocaine to Mazher Mahmood (also known as the Fake Sheikh), alongside the X Factor judge Tulisa Contostavlos, was stayed as an abuse of process. Rhys appeared as sole counsel throughout proceedings, prosecuted by Treasury Counsel and co-defending with Queen's Counsel.

    R v A (2012)
    Appeared for the defence in this trial on indictment containing two counts of assault. The defendant was acquitted on count 1 and the Jury were unable to reach a verdict on count 2. The evidence of a prosecution expert witness - a consultant surgeon - had been substantially undermined following his concession under cross-examination that he lacked the requisite expertise to offer his opinion on the particular issue at hand.

    R v V & M (2011)
    Appeared for the defence in the early proceedings before the magistrates’ court. The defendants, who possessed diplomatic immunity, were charged with fraud by misrepresentation in light of acts allegedly committed on British diplomatic premises in a Commonwealth county. Rhys advised, and provided written submissions, on jurisdiction. The charge of fraud was subsequently discharged at committal in light of lack of jurisdiction.

    Recent Cases

    • Defence of a solicitor accused of criminal damage.  Instructed by BCL Burton Copeland.   

    • David Jeremy QC led Rhys Meggy in the defence of a man accused of the nine-hour rape.

    • Successful defence of a male accused of wounding with intent to occasion grievous bodily harm having cut open the stomach of a friend in self-defence during a domestic disturbance.  Tried in Court 1 at the Central Criminal Court. 

    News

    • Paul Wakerley and Rhys Meggy defend in the largest UK prison smuggling conspiracy

      Paul Wakerley and Rhys Meggy acted for defendants in the UK's largest ever prison smuggling conspiracy prosecution.Paul Wakerley represented Craig Hickinbottom, said to be the ringleader of a prolific commercial enterprise entailing the supply of drugs, t...

    • Tulisa Contostavlos and Mike GLC Coombs cocaine prosecution collapses (2014)

      Today at Southwark Crown Court, the Recorder of Westminster, His Honour Judge Alastair McCreath, stayed the prosecution of former X Factor judge Tulisa Contostavlos and her friend, the artist and rapper Mike GLC Coombs, as an abuse of the Court's process....

  • Particularly experienced in the field of financial regulation, Rhys Meggy enjoys a successful regulatory practice across a wide range of professions.

    Overview

    Rhys both presents and defends in a wide range of regulatory and professional disciplinary proceedings and has considerable experience of financial services regulation.  Whether defending or presenting, he is adept at quickly assimilating information and getting beneath the skin of industry practice so as to identify the boundaries of professional conduct to contextualise, explain and/or expose registrants’ behaviour. He is measured in his approach and exact in his advocacy. He is sensitive to the wider reputational and personal consequences of regulatory action.

    Experience

    In the field of financial services regulation, he has acted for approved persons subject to prohibition and misconduct proceedings, and advised firms on their compliance with their regulatory obligations.    

    Spanning 22 months in 2015-2016, while maintaining his practice as an advocate in court, he was seconded as counsel to the anti-financial crime compliance department of a leading investment bank subject to regulatory supervision. There he advised on the adequacy and enhancement of a variety of systems and controls, and participated in internal investigations and the response to regulatory scrutiny.  He also advised daily on the legal, regulatory and reputational risks arising from transactions across the bank’s corporate and investment banking and asset and wealth management divisions.  He regularly presented to senior management on high-risk transactions before the bank’s internal reputational risk committees.

    With regard to healthcare, in addition to experience of regulatory proceedings, in 2011 he was a junior member of the Counsel to Inquiry team of the Francis Inquiry into the failures within the NHS with regard to the Mid Staffordshire NHS Foundation Trust, gaining a detailed understanding of the practical and cultural dynamics of the healthcare sector as a result.   

    Rhys is a calm and measured team player and a committed and impressive advocate.

    Recent Cases

    • Rhys Meggy acts for a managing director of a leading investment bank, suspected of misconduct and overseeing due diligence failures relating to the issuance of several $billion in sovereign bonds.

    • Rhys Meggy advised three senior bankers subject to the Senior Managers and Certification Regime on the potential FCA regulatory consequences of their settlement of a civil fraud action in another jurisdiction. 

    • Rhys Meggy is advising a leading wealth management firm on its regulatory obligations in respect of the new corporate offence of failure to prevent the facilitation of tax evasion.  

    • Rhys Meggy advised a leading global investment bank and their external counsel on the legal and FCA & SRA regulatory risks and obligations entailed by the bank’s underwriting of an IPO for a company associated with bribery and corruption overseas.  

    • Advising an asset manager as to the extent of its anti-bribery and corruption systems’ and controls’ compliance with the FCA’s Financial Crime Guide. 

    • Representation of an approved person subject to prohibition proceedings upon a reference of a Decision Notice to the Upper Tribunal (Tax and Chancery Chamber).    

    Articles