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HM Treasury

TSol (Treasury Solicitors) wholly employs lawyers in this Department. To view benefits and rewards, qualified lawyer and legal trainee recruitment methods and contacts for further information please visit the TSol page.

The Department

The Treasury is the United Kingdom's economics and finance ministry. It is responsible for formulating and implementing the Government's financial and economic policy. Its aim is to raise the rate of sustainable growth, and achieve rising prosperity and a better quality of life with economic and employment opportunities for all.

Work of the Legal Team

We advise HM Treasury (HMT)as well as a number of other bodies including the Office of National Statistics, the Royal Mint, the Cabinet Office (Civil Service Pensions) and National Savings.
Our lawyers advise on a wide range of advisory and drafting work across the full spectrum of policy areas for which HMT and related Departments are responsible. For example members of the team were heavily involved in the implementation of the Financial Services and Markets Act 2000, which brought about a wholesale reform of the regulation of banking, insurance and investment business, and entailed a vast programme of secondary legislation.

Those areas include:
· public sector finance, spending, and financial accountability (including Government accounting);
· financial services and markets regulation at UK, European and international levels (including banking, insurance, investment services and electronic money);
· financial crime and financial sanctions (including the freezing of terrorist assets pursuant to UN resolutions etc, insider dealing, market manipulation and money laundering);
· public procurement; state aids and competition;
· general European law issues involving public sector finance (including the euro);
· public sector pay and pensions; and
· currency issues (including coinage).

The work of the Division is high-profile, interesting and varied, and includes the provision of general legal advice (for example, on public law, Community law, Human Rights and statutory interpretation), the negotiation and implementation of European and other international measures, statutory instrument drafting and Bill work.

Location

The Legal Team is co-located with the clients in the main Treasury building at 1 Horse Guards Road, London SW1A 2HQ.

Further Information

Visit the TSol page.