Financial Services Regulation | Europe

Widely considered to be an excellent boutique law firm, finReg360 offers comprehensive advice on financial services regulation. The team advises on various national and European rules applicable to asset managers, banks and service providers including MiFID II, PSD2 and AML. The law firm also assists with authorisation procedures and entity set-ups, often in close negotiation with the CNMV. With its further competence in sustainable finance initiatives and large compliance assessments, finReg360 complements its holistic offering.

KPMG Abogados is home to a highly reputed Madrid-based banking and finance regulatory team. The practice group regularly advises Spanish entities on compliance with EU rules for the financial services sector. It also shows prowess in handling compliance gaps and designs strategies to meet obligations under MiFID II, MiFIR and PSD2. Furthermore, KPMG assists banks with regulatory authorisation procedures for new entities and for the provision of new financial services. Besides its excellence in regulatory mandates, clients also benefit from the law firm's growing presence on asset finance mandates.

Cuatrecasas is particularly renowned for its financial services regulatory practice that advises on M&A deals, the establishment of local branches of European entities and on the launch of new products as well as cryptocurrencies. Due to its presence in the UK and Latin America, the Cuatrecasas team is particularly well positioned to assist with international mandates.

Deloitte Legal offers a strong banking and finance regulatory department. The Madrid-based team regularly advises international and national banks, investors and corporates on a range of regulations from MiFID II and PSD2 to AML. Furthermore, clients benefit from Deloitte's expertise in product launches and market expansions, digital services outsourcing issues and corporate transactions requiring comprehensive regulatory assessments. Aided by its global office network, the law firm is well placed to assist with cross-border transactions.

Garrigues is recognised for its presence in financial regulatory mandates, especially those pertaining to the authorisation and setting up of new investment vehicles and M&A transactions. The firm is also reputed for advising asset management firms on their compliance and registration processes, in close collaboration with the CNMV.

Linklaters is recognised for its expertise in standalone finance regulatory mandates for banks and financial services companies. The firm advises on EU-wide regulations, compliance in M&A matters and market entries.

The Uría Menéndez team retains regulatory expertise, supporting a broad spectrum of clients with prudential requirements and reporting, in line with DORA and EBA standards. The firm is also recognised for its ability to assist financial institutions on sanction proceedings.

A&O Shearman houses a respected banking and finance regulatory team. It is well placed to advise clients on the regulatory aspects of M&A transactions and compliance with EU regulations for the financial sector. The firm offers additional expertise in licensing issues.

Andersen Spain is recognised for its presence in financial regulatory mandates. It is active in the authorisation and registration of payment institutions to provide financial services in Spain. The firm offers additional expertise in handling compliance gaps to meet obligations under PSD2, PSD3 and MiCAR. Clients also benefit from the law firm's expertise in setting up new investment vehicles.

CMS houses a strong banking and finance regulatory team. It is well placed to advise clients in the financial sector on EU-wide regulatory requirements, especially in the set up of financial service entities. The firm offers additional expertise in compliance gaps to meet obligations under DORA and MiCA. Clients also benefit from its experience in the registration of entities with the Bank of Spain.

Pérez-Llorca houses a strong banking and finance regulatory team. It is active in finance regulatory matters, advising on regulatory aspects of M&A transactions and on the authorisations related to the set up of new investment vehicles. The firm is also adept at assisting asset managers with sanction proceedings and various EU regulatory compliance issues.

Spanish law firm Ramón y Cajal Abogados houses a respected team that is best known for expertise in finance regulatory matters. The team advises financial services providers on regulatory compliance. In addition to banks, the team advises SICAVs as well as standard or non-standard CISs, closed-ended CISs, venture capital firms, hedge funds and real estate CISs as well as their management companies. It also assists FASEE with providing temporary state aid to strategic regional companies.