Financial Services
Innovative lawyers and consultants, with specialist
industry knowledge, working collaboratively across theglobe. Legal, compliance and risk services, all under oneroof.

Key contacts

Setting up or changing businesses, launching newproducts, managing regulatory change, responding toregulators, and much more.

LondonHigh volume, routine legal processing also offered.

Jeffrey Greenbaum,Delivering a unique, seamless client experience andvalue for money.

Rome

The pace of change in financial services continues.
Consumer habits are changing, financial technology isaltering service delivery, and regulation is responding
and evolving. To stay ahead of the pack you needlawyers who are always learning about the latest
developments, leading debate on new regulation, andconstantly adapting to change.

Trending Topics

We have a multidisciplinary transactional, regulatory,
and advisory team recognized globally for supportingclients at the very forefront of the financial services
industry. We are able to offer a one-stop-shop for ourclients, providing services ranging from international
product launches and high- profile regulatory issues tocorporate and commercial transactions.
Whether you are in the commercial and retail bank,investment bank, asset management, market
infrastructure, or FinTech space, our lawyers offer you a

Jonathan Chertkow,London

Michael Thomas,Dr. Richard Reimer,Frankfurt

Financial Institutions Horizons 2024
Consumer Duty Hub
Consumer Finance
Fintech page
Horizons 2024
Payments tool on Engage
AI Hubwealth of experience. We cover the credit, banking andpayments markets, advising on local andmultijurisdictional regulation, product development
and distribution, documentation, establishment oflending and banking businesses. This is in addition todeveloping financial services structures, governanceand commercial arrangements and transactions, andfinancing and commercial agreements.
We are fully aware of the sophisticated nature of yourclients and your need to provide complex and often
highly flexible solutions to them. Therefore, we provide
a truly holistic perspective and understanding of new
and existing legal and regulatory challenges, which few
of our competitors are able to match. We help ourclients innovate, deliver ground-breaking products, andcapitalize on change.

Representative experience
Advised the Open Banking on regulatory implications
related to its design of the API Standards being created
for the Banking Industry for third party provider accessto online payments.
Advised The London Metal Exchange on theestablishment of LME Clear, an EMIR-compliant metal
derivatives CCP.
Advised clients on their planning and preparations for
Brexit and how it may affect their ability to continue
providing payment and e-money services into/out ofthe UK.
Advised Citigroup on the implementation of the EU's
Markets in Financial Instruments Directive (MiFID) andits effect on their contract terms.
Advised BlackRock on separate outsourcings of globalcustody, fund accounting and transfer agency services
to State Street, JPMorgan, Investment Bank and Trust,and Citibank.

DAB Hub
ESG Hub
Digital Transformation Academy

Areas of focus
Banking Services
Client Assets
Consumer Finance
Dealing with Financial Services
Regulators
FinTechInvestment Products and Services
M&A, Business Transfers, andRestructuring in Financial Services
Market Infrastructure
Organizational Governance andFinancial Institutions
Payment Services
Product Distribution and Financial
Institutions
Regulated Outsourcing andFinancial Institutions
Authorizations and Variations ofPermission

Advised Paypal on all aspects of its China business,
including making the first ever application by a nonChinese company for a payments license to the Chinese
central bank.
Advised an online bank in relation to its terms andconditions, website structure, data collection
mechanisms, and the data protection implications ofsharing data.
Advised BancAlliance and Fundation on theirpartnership to bring a new small business lending
technology solution to over 200 community banks in
the U.S.
Advised Curve on regulatory issues generally, including
under PSD2, and advising on both regulatory andcompetition issues in respect of proposed changes tocard scheme rule.
Advised Curve on regulatory issues generally, including
under PSD2, and advising on both regulatory andcompetition issues in respect of proposed changes tocard scheme rules.
Provided monitoring, advocacy, coalitionbuilding/leadership, and technical support on many
aspects of the Dodd-Frank Act and on other significant
financial legislation.
Advised Erste Abwicklungsanstalt on its €71bn
acquisition of assets from WestLB.

Awards and rankings"The team deliver advice in a clear, practical andcommercially sensible manner and are always
available to assist when required. The team are also
very personable and feel like an extension of the inhouse legal team.", Financial Services: Noncontentious Regulatory client UK

Latest thinking and events
NewsUK FCA confirms extension to motor finance complainthandling pause

News
UK Open Banking: PSR consultation response on Phase
1 expansion of Variable Recurring Payments
Insights and Analysis
UK FCA opens up “ongoing conversation” with firms
over transparency proposals
News
UK: Trends in FCA enforcement activity 2023/24 andwhat lies aheadNewsThe Payments Newsletter including Digital Assets &Blockchain, September 2024
News
Cash Savings Market Review update: UK FCA finds
room for improvement