M.G. Daly, s.c. - Profile

Mr.  Daly S.C. is one of Trinidad and Tobago's most prominent attorneys and has  gained widespread recognition as a Senior Counsel, legislator and banking,  commercial and labour law expert. He is a member of  Essex Court Chambers  of 24 Lincoln's Inn Fields, London WC2A 3ED, headed by Mr. Gordon Pollock  Q.C.. These are a leading set of Commercial Chambers. In 1980 Mr. Daly  served as a temporary High Court Judge under the temporary judges scheme and served as an Independent Senator in the Parliament of Trinidad and Tobago.

Our  firm jointly with another firm was retained to advise all of the banks in  Trinidad and Tobago on the new Financial Institutions Act of 1993. Mr.  Daly S.C. led the firm in the exercise which required full analysis of the  draft legislation, advice to the banks on its implications and preparation  and presentation to the Ministry of Finance of a detailed position paper,  comments and recommendation of the banks on the legislation. Approximately  fifty percent of Mr. Daly's professional time is now spent on advisory and  drafting work in the financial services sector. He has also participated  in bank acquisitions and take­overs as Counsel and strategist.

His appointment as a Senator in the  Parliament of Trinidad and Tobago carried no affiliation  to any political organization. It was made under section 40 of the  Constitution of Trinidad and Tobago by the President of the Republic of  Trinidad and Tobago who appoints nine Senators in his own discretion  "from outstanding persons from economic or social or community  organizations and other major fields of endeavour". See section  40(2) (c) of the Constitution  of Trinidad and Tobago.

Traditionally,  Presidents have always appointed a lawyer as one of the nine Independent Senators. Mr. Daly was one of the latest attorneys to occupy the traditional  "legal seat" in the Senate, his immediate two predecessors also  having been Senior Counsel. In this office Mr. Daly was expected to  scrutinize and debate all legislation introduced into the Parliament of  Trinidad and Tobago and seek, where necessary, amendments to the  legislation. He had an impressive track record of having amendments  prepared by him accepted by the Government and played an  important role in the new environmental legislation entitled the  Environmental Management Act.


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