Pritesh Patel - Davies

Pritesh Patel

Senior Partner

Pritesh Patel is a Senior Partner and Head of the Risk and Compliance capability at Davies. Since joining the firm in 2023, he has focused on building a capability that helps clients navigate complex risk landscapes. His work strengthens control environments and aligns them with organisational appetite.

A Chartered Accountant by background, Pritesh began his career at a Big Four firm. He later moved into industry roles that developed his deep understanding of financial services. Over the next two decades, he held senior leadership positions across global institutions. These roles spanned capital markets, operations, audit, and control functions. His experience across the first, second, and third lines of defence gives him a unique perspective on risk and control management.

Pritesh specialises in designing and embedding robust risk and control frameworks that support responsible growth. He has led major remediation programmes for global banks facing multi-million-dollar regulatory fines and consent orders. His leadership ensures clients meet key milestones and exit regulatory scrutiny within agreed timelines. His work covers financial and non-financial risk, regulatory compliance, and transformation projects. He promotes the integration of controls into change programmes, a critical step many organisations overlook.

For Pritesh, success is measured by client confidence, supported by responsiveness and high-quality delivery. He values continuous learning and stays ahead of industry trends through research, technical reading, and market analysis. He thrives on the complexity of global risk environments and enjoys tailoring solutions for a range of institutions, from GSIBs to niche asset managers. His commitment to excellence makes him a trusted advisor in an evolving regulatory landscape.

Authored Content

Assurance
regulatory returns

4 key considerations for assessing the reliability of your regulatory returns

Global regulators are increasingly focusing on the integrity of regulatory returns. Here are 4 ways to make sure yours meet their expectations.

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Financial Crime & Compliance
London building with graphic, depicting dora

Conduct Risk and Market Abuse: A Comprehensive Overview

Compliance officers and financial institutions must remain vigilant to prevent market abuse and manage conduct risk effectively.

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Assurance
woman writing and looking at tablet

Trade Surveillance: Are you prepared for the new regulatory focus?

We bring front to back risk and controls expertise, utilising our multi-disciplined experience across all LoD.

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Financial Crime & Compliance
Boardroom meeting

Digital Identity – Future of Trust & Security in Finance

Paving the path to a secure future, we're redefining how digital identity is managed through groundbreaking innovation and strategic collaboration.

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Financial Crime & Compliance
Two happy business colleagues at meeting in modern office interior.

Actimize Services Tear Sheet

At Davies, we combine deep domain expertise with a suite of proprietary tools and accelerators. We help you overcome these hurdles while reducing cost and effort.

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Financial Crime & Compliance
model governance

Finding the Right Model Governance Approach for Crypto Firms and Fintechs

Why effective model validation is becoming essential in digital asset risk management.

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Financial Crime & Compliance

Embracing the unique nature of regulatory reporting projects in the financial services industry 

What makes regulatory reporting different from any other project undertaken by financial market participants?  

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Assurance / Financial Crime & Compliance
regulatory returns

Reliability of regulatory returns

Davies can assist the first, second, and third lines with the review, preparation and implementation of your regulatory reporting practices.

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Financial Crime & Compliance
4 people in a meeting room - Financial Crime

Financial Crime Surveillance programme: Integrating PRA SS1/23 MRM principles

Prudential Regulation Authority released new model risk management guidance on how banks should properly assess the efficacy of second-generation solutions.  

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Financial Crime & Compliance

Strategic benefits of outsourcing Regulatory Compliance

Continuous monitoring of employees' compliance with ethical standards is crucial for maintaining a robust compliance program.

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Financial Crime & Compliance
RegTech

Adapting to regulatory landscapes: Global RegTech Summit 2023

The Davies team attended the Global RegTech Summit in New York this month. Among the participating vendors, which included the ...

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Financial Crime & Compliance
AML

Navigating new and emerging technology trends in Anti-Money Laundering

Whether you're looking to modernise your AML operations or stay ahead of regulatory expectations, this white paper is an essential resource.

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Financial Crime & Compliance

Unlocking opportunities with open banking

Increased sharing of customer data increases the potential for data breaches or unauthorized access

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Financial Crime & Compliance

Electronic Communications Surveillance: the State of Play

How can financial services firms foster trust and maintain compliance in an increasingly digitized business environment?

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Financial Crime & Compliance

Financial Markets Compliance – Lessons From FCA Fines

Market abuse failure is entirely avoidable - with the right advice

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Financial Crime & Compliance

Financial Markets Compliance – how ‘good’ is your judgement?

Firms face a fine balancing act as they weigh up complex issues

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Financial Crime & Compliance
Financial Market Compliance

Financial Market Compliance – What Next?

Compliance requires constant vigilance - and expert help

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Banking & Markets / Financial Crime & Compliance
crypto custody

Crypto custody: same game, new roles – or a whole new world?

Pitfalls and priorities for braving the digital age.

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Banking & Markets

A clearer view of US digital asset regulation

“I never worry about action, only inaction”– Winston Churchill

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Financial Crime & Compliance

Going somewhere with those crypto assets?

It's time to get up to speed with FATF's 'travel rule'

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Financial Crime & Compliance

Sanctions in FinTech – a defence, not a puzzle

We explore how to turn necessary compliance into robust protection

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Financial Crime & Compliance
MiCA

Regulating Markets in Crypto-assets  – How Mighty is MiCA?

We look at the EU regulation aiming to turn the wild West crypto-into a trusted trading environment.

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