Senior Legal Counsel, Regulatory (APAC) at Farfetch

London, England, United Kingdom

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Luxury Fashion, E-commerce, RetailIndustries

Requirements

Be a qualified lawyer with at least 6 years’ PQE, and superior analytical skills and creative problem solving skills
Prior in-house experience would be beneficial
Have excellent training, preferably in a top tier law firm
Have experience advising on digital regulation and/or payments
Have proven ability to assess new pieces of international legislation / regulations

Responsibilities

Provide proactive, strategic and pragmatic advice on areas of managing legal risks in the external business or regulatory environment
Advise on the local regulatory framework, including payments, digital regulation, consumer protection and competition law in APAC
Track and assess existing and new requirements for the Farfetch Group, as well as advise on their implementation
Identify, monitor and evaluate relevant regulatory risks and enforcement trends, and take proactive steps to mitigate these
Develop strategies for, and engage with, relevant regulators in APAC
Oversee payments related matters in APAC, including reviewing contracts and cooperation with payment processors and ensuring a compliant payment model for the regions responsible
Work with the delivery team on tariffs matters and advise from a legal perspective
Negotiate, draft and review a broad range of commercial contracts, policies, guidance, corporate documentation and other legal documentation as required by the APAC business and entities, in collaboration with the broader Legal Team
Build compliance processes, tools, policies and training to educate relevant parts of the Farfetch Group
Liaise with external law firms, primarily in APAC, where external local support is needed
Supervise and support legal counsel(s), in particular a local Legal Counsel based in and focused on mainland China, in their daily work, namely BAU contracts review, legal advice giving, co-sec handling to work efficient and smart
Support the Head of Legal, Regulatory and Group Legal VP on legal matters, and especially in ensuring compliance

Skills

Key technologies and capabilities for this role

Regulatory LawAPAC RegulationsHong Kong LawJapan LawChina LawSouth Korea LawSingapore LawAustralia LawNew Zealand LawRisk ManagementComplianceLegal AdvisoryInternational Law

Questions & Answers

Common questions about this position

What is the location for this Senior Legal Counsel role?

The role is based in the London office located in Old Street, London's tech hub.

What salary or compensation does this position offer?

This information is not specified in the job description.

What key skills are needed for the Senior Legal Counsel, Regulatory (APAC) role?

The role requires being commercially minded, intellectually curious, hands-on, with strong professional ethics, and the ability to quickly understand and apply international laws and regulations in APAC.

What is the company culture like at Farfetch's Legal team?

The Legal team acts as a strategic business partner, serving as guardians of legal integrity in a global, fast-moving, and innovative business, with an open office space ideal for collaboration.

What makes a strong candidate for this position?

A strong candidate will have energy, interest, and experience in pursuing a broad array of regulatory matters in APAC, with expertise in areas like payments, digital regulation, consumer protection, and competition law.

Farfetch

Online marketplace for luxury fashion items

About Farfetch

Farfetch operates as a global online marketplace for luxury fashion, linking high-end brands and boutique retailers with consumers. The platform allows users to browse and purchase a wide range of luxury items, ensuring that both brands and retailers can reach a worldwide audience. Farfetch's business model is centered around facilitating these transactions, earning revenue primarily through commissions on sales made through its site. Additionally, it offers services like digital marketing and logistics to help its partners enhance their online presence. A distinguishing feature of Farfetch is its acquisition of LUXCLUSIF, a luxury resale platform, which enables it to cater to the growing demand for pre-owned luxury goods. The company's goal is to provide a seamless shopping experience for luxury fashion enthusiasts while supporting brands and retailers in expanding their reach.

London, United KingdomHeadquarters

2007Year Founded

$682.9MTotal Funding

IPOCompany Stage

Consumer Software, Consumer GoodsIndustries

1,001-5,000Employees

Benefits

Health Insurance

Flexible Work Hours

Employee Pension Scheme

Risks

Increased competition from Mytheresa could impact Farfetch's market share.

Farfetch faces challenges in maintaining its presence in the Chinese market.

The sale to Coupang indicates potential financial instability for Farfetch.

Differentiation

Farfetch connects luxury brands and consumers through a unique online marketplace.

The platform offers modular, API-enabled technology for luxury fashion brands.

Farfetch provides commerce solutions, enhancing brands' online presence and sales.

Upsides

Virtual try-on technology is gaining popularity in luxury fashion.

Farfetch can capitalize on Yoox Net-A-Porter's exit from China.

Exclusive partnerships, like with Officina Bernardi, enhance Farfetch's offerings.

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