Banking & Finance: Financial Services Regulation

About

Provided by Deloitte Legal SLP

Since its creation in 2007 the Deloitte Financial Regulatory Department has rapidly grown, to become one of the best-known departments in Spain, with the largest list of clients and a significant number of lawyers dedicated to financial regulation.  We work with more than 40 clients per year and our team is formed by around 20 persons exclusively dedicated to financial regulation (probably the biggest team on this matter in Spain).

Over the last years the Department has attracted a number of important mandates in matters such as (i) MiFID II advice projects, (ii) PSD2 implementation projects; (iii) Banking and asset managers restructuring transactions; (iv) M&A transactions and regulatory proceedings related to those transactions; (iv) Investment funds works (UCITS and AIFMF); and (v) fintech-related advice –for both fintechs and financial institutions-.

Also we launched and developed an online tool to track the financial regulation developments that is being highly appreciated by our clients (Regulatory Space). It is a multi-device, multi-language on-line tool accessible 24x7 and updated daily. This has been integrated in the regulatory implementation workflow of some of the biggest banks in Spain.

On top of that, we have recently advised on digital transformation and legal digital topics to some of the most significant banks in Spain (Bankia, Sabadell, ING, Openbank, Unicaja, etc.), helping them to improve user experience while keeping legal certainty.