FinTech Legal - Spain
Band 2
What the Team is Known For
Garrigues is a well established name in banking and finance regulatory matters. The team works with a range of domestic and international clients including FinTech payments companies, EMIs and digital banks. The firm offers deep expertise in both transactional and regulatory matters, including registration and authorisation processes with the Bank of Spain.
Strengths
Garrigues has extensive knowledge of financial regulation and a good relationship with regulators.
Garrigues' team gave direct and clear advice, we are satisfied with them. They have good business vision.
Work Highlights
Garrigues has helped the digital asset custody platform Prosegur to file for registering as a Digital Asset Service Provider with the Bank of Spain. This has involved legal analysis of the business model. Though Prosegur was already registered as a provider of custody services, this additional filing will allow it to provide crypto-assets exchange services.
Notable practitioners
Luis de la Peña is a highly respected corporate/commercial lawyer who works with both national and international clients from across the financial services sector. He is a specialist in cross-border entities and has extensive experience in regulatory matters relating to e-money and payment institutions.
I appreciate Luis de la Peña's clarity. When we have doubts about decisions, he advises us and upkeeps the relationship we have with him. He's also knowledgeable and reliable.
