Derek Patterson is a Principal at FRA’s London Office and head of its Nordic business. He is a forensic accountant with in-depth experience in supporting international businesses identify and manage regulatory and compliance risks, conduct internal investigations, and resolve regulatory enquiries. Derek has extensive experience in structuring and delivering forensic accounting and data services across multi-jurisdiction investigations, in sectors including Financial Services, Power, Telecoms, and Extractive. He also has considerable executive experience within international businesses.
Derek is currently advising a number of complex white collar investigations involving responses to regulators in the US, the UK, the Netherlands, Scandinavia, and Belarus, with respect to business operations in regions covering Asia-Pacific, the Middle East, Eurasia, and the C.I.S. He has also recently conducted a complex financial investigation into securities and real estate transactions in Central and Eastern Europe. In this role, he assisted counsel in responding to regulatory inquiries from a variety of jurisdictions, constructed potential claims in a €2 billion UK Commercial Court case against a financial institution and a former management team, and gave evidence in various related shareholder litigations. Derek has also provided expert evidence in arbitration and has presented to a variety of regulatory authorities on behalf of clients.
He also served as Managing Director of the UK’s first litigation funding provider, IM Litigation Funding, managing funding in over 50 litigation cases in the UK and the US.
Prior to joining FRA, Derek was an experienced corporate executive. He was the Group Treasurer for easyjet plc, where he successfully managed significant funding, investment and OTC hedging portfolios, as well as investor relations activities. He was a senior member of the MBO team, which bought and sold the low cost airline “go” at British Airways plc, and worked in Ford Motor Co. production and manufacturing finance controller roles after spending several years in the Supplier and Internal Audit function. Prior to that, he was an auditor with PricewaterhouseCoopers.
Derek completed his training as an accountant and auditor with PricewaterhouseCoopers and holds a Bachelor of Accountancy degree from the University of Glasgow.
WWL Investigations – Forensic Accountants 2017 says: Derek Patterson enjoys acclaim from market sources, who call him “pragmatic, commercial and technically strong” as well as “incredibly responsive and able to communicate his ideas easily”.
WWL experts – Forensics & Litigation Consulting – Accountants says: Derek Patterson stands out for his “excellent analysis” and “pragmatic advice”, and is praised by sources who note “he is completely reliable even in incredibly difficult situations”.
Winner of Forensic Accountancy: Audit and special committee investigations – Adviser of the Year UK in the Finance Monthly M&A Awards 2017