Nicole Stewart

Associate

Nicole's Related services

Nicole is a Lawyer in Trowers & Hamlins' International Banking & Finance department.

Nicole graduated from the University of Manchester with a LLB (Hons) Law in 2018 and completed her Bar Professional Training Course at City Law School in London. She was called to the Bar of England and Wales in 2019 and was later admitted as an Advocate & Solicitor of the High Court of Malaya in 2020, following her pupillage at a reputable Malaysian law firm.Her experiences include acting for local and foreign financial institutions and companies in domestic and cross-border corporate loan transactions, advising on secured and unsecured lending, structured trade financing, asset financing, asset acquisition and derivatives. Nicole has also advised global financial institutions on local licensing and regulatory issues surrounding the financial services sector

Knowledge Hub

Nicole's latest insights

Insights
28 September 2026 | Author: Debopam Dutta, Elias Moubarak & Nicole Stewart

UAE Central Bank raises the bar on operational risk: what financial institutions need to know

The Central Bank of the UAE (CBUAE) issued Circular No. 1/2026 on 3 February 2026, introducing a new Operational Risk Management Regulation (the Regulation) which replaces the Operational Risk Regulation and Operational Risk Standards that have been in force since August 2018. The Regulation took effect on 14 September 2026.

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