On March 5, 2014, Herbert Smith Freehills announced the recruitment of financial services regulatory expert Andrew Procter.  Procter is expected to join the firm’s global financial services regulatory practice as a partner in June 2014.  An Australian lawyer, Procter most recently served as Deutsche Bank’s Global Head of Compliance, Government and Regulatory Affairs.  See “Deutsche Bank Survey Describes the Contours of the Nontraditional Hedge Fund Product Market: Investor Appetite, Performance, Marketing, Fees and More,” Hedge Fund Law Report, Vol. 7, No. 3 (Jan. 23, 2014).