GIM Legal specialises in the financial services and real estate investment sector and is visited by investment banks, financial firms, fund managers as well as insurance and listed companies. Luigi Rizzi is a former regulator of CONSOB and Sergio Beretta is a founding partner. In January 2021, the firm opened an office in London. The legal framework for banking supervision is as follows: BonelliErede`s financial regulation department includes a dedicated investigative practice that focuses on potential civil, criminal and administrative liabilities within banks and supervised entities; Customers benefit from sophisticated AI software (under their own license) and computer equipment. The firm has also acquired enviable expertise in the FinTech sector. Giuseppe Rumi specialises in banking and insurance regulation, fintech, digital innovation and payment services, as well as the regulatory aspects of acquisitions, mergers and restructurings. Federico Vezzani is an expert in capital building and financing measures. Andrea Savigliano is a respected Managing Partner. Dentons` Italian group regularly works with banks, insurance companies, asset managers, financial companies, pension funds and fintech companies on a wide range of regulatory issues; He is best known for his support to supervised entities in cooperation with regulators. Alessandro Engst focuses on the regulation of financial institutions, mutual funds and derivatives and is responsible for Italian financial services and Alessandro Fosco Fagotto leads the Italian banking and finance practice.
Clifford Chance`s specialist financial regulation team is in regular contact with Italian regulators, often helping them adapt legislation to changing market needs and advising clients on the application of new legislation. Lucio Bonavitacola leads the mutual funds and regulation team, and Gioacchino Foti is an expert in banking and financial regulation. Experienced partners Charles Adams, Giuseppe De Palma and Ferdinando Poscio also play a leading role in the firm`s banking and finance practice. Riccardo Coassin was promoted to Legal Counsel in 2021 and specializes in banking, financial and insurance regulation. The Bank of Italy`s legal instruments can take many forms (prudential rules, regulations, circulars) and are generally of a clearly technical and financial nature. The Bank of Italy also publishes communications on specific issues related to regulated matters, which are not intended to be included in legal instruments but may contain additional information and clarification. The Bank of Italy`s supervisory powers have their legal basis within a regulatory framework that includes international, European and national laws. The main European laws governing the supervision tasks of the Bank of Italy are Regulation (EU) No 575/2013 (Capital Requirements Regulation – CRR) and Directive 2013/36/EU. The CFR contains prudential rules that apply directly to all European banks and investment firms. The Bank of Italy`s regulatory powers in matters governed by the CRR (capital, minimum capital requirements and disclosure) are limited to areas where the Regulation grants only very limited discretion to ensure the necessary integration with local law and national specificities. The Gianni & Origoni team advises on the regulation of financial services, pension and investment funds, banking and insurance matters, as well as equity offerings and other investments.
It also supports the governance of listed issuers. The main advisors are Emanuele Grippo, head of the company`s Luxembourg office; Paolo Bordi, regulatory expert in banking, finance, investment services, insurance and asset management; and Marco Zaccagnini, Financial Market Regulation Specialist in London. Molinari Agostinelli`s team advises financial services companies on joint ventures, distribution partnerships, asset management and banking regulation, product launches, and organizational models and policies. Nicolò Juvara is a specialist in insurance and financial services, Paolo Barbanti Silva is a regulatory expert and Daniela Runggaldier is an experienced legal advisor. Directive 2013/36/EU (Capital Requirements Directive IV – CRD IV), transposed in Italy by Legislative Decree 72/2015, lays down the requirements for carrying out a banking activity. the freedom of establishment of banks in the European Union and the freedom to provide services; prudential supervision; additional capital buffers; and corporate governance of banks. The Bank of Italy has extended regulatory powers under this Directive, although they are still necessary to achieve the stated objectives. “The Hogan Lovells team provides excellent advice in the area of banking regulation. They are reliable, quick to respond to, and available 24/7 (if needed). The team coordinates internally without frictional losses and is 100% customer oriented. Based in Rome, Hogan Lovells International LLP`s practice serves banks, payment institutions, electronic money institutions and financial intermediaries and is sought after for its regulatory expertise in banking and payment services, financing, anti-money laundering, consumer credit and banking transparency. Jeffrey Greenbaum, who focuses on aspects related to the licensing, distribution and regulation of financial institutions as well as regulatory inspections, leads the Italian Financial Services and Wealth Management team.
At senior associate level, Claudia Colomba works for international financial institutions on regulatory issues, and Elisabetta Zeppieri is an expert on the regulatory framework of the EU and Italy. The boutique company Atrigna & Partners specializes in the regulation of financial markets. Toni Atrigna advises on the rules governing markets, investment services and collective asset management, as well as on intermediary relationships; Co-founder Alberto Manfroi is an expert in financial markets; and Dino Abate focuses on regulatory legislation for supervised intermediaries. “The team is able to engage both reactively and proactively with regulators to ensure timely visibility of product, service and process innovations.” Chiomenti`s regulatory client base ranges from insurance intermediaries to credit institutions, pension funds, electronic money institutions, fintech players and traditional banks. Representative activities include regulatory matters, distribution agreements, organizational structures, extraordinary transactions and corporate governance. Alessandro Portolano (“one of the best lawyers in this field”) advises Italian and foreign financial institutions on all aspects of banking, financial, insurance, payment services and asset management regulations. Vincenzo Troiano and Felice Azzollini, General Counsel, are also an integral part of the practice. “Federico Vezzani stands out as one of the brightest regulatory experts in the Italian market.
In addition to his in-depth knowledge, he creates the right links with other legal disciplines to ensure optimal solutions for clients. “Jeffrey Greenbaum has excellent relations with the Bank of Italy and Consob, as well as with European regulators; In addition, he is able to offer innovative solutions to his clients by leveraging a deep knowledge of the future dynamics of the industry. Osborne Clarke`s Italian team is known for its regulatory work in financial services in fintech, crowdfunding and other new financial products. Representative work includes regulatory licenses required for the establishment of crowdfunding platforms, consumer credit advice, application for MiFID2 and AIFMD licenses and collaboration with CONSOB. Umberto Piattelli leads the Italian Financial Services Regulatory Team and is a highly respected specialist in financial regulation and alternative financing instruments. The department of FIVELEX Studio Legale constantly supports Italian and foreign banks, investment companies, management companies and other financial intermediaries in the regulatory aspects of corporate governance, investment and banking services as well as banking and financial products of banks and intermediaries. The most important personalities are Francesco Di Carlo, who has “many years of extensive experience in banking and financial regulation”; Edoardo Guffanti, who advises banks, investment companies, asset management and insurance; and his experienced partner Mara Fittipaldi. The second level of advisors includes Flavio Acerbi, who “has strong technical skills,” and Debora Gobbo, an experienced senior partner. “Excellent relationships with regulators, 360-degree expertise of team members and proactivity are Hogan Lovells` strengths.” Studio Lener & Partners specializes in financial services regulation, including litigation and restructuring matters.
The team is experienced in setting up banks, asset management companies, investment companies, insurance companies and financial intermediaries providing regulated services. An experienced partner, Raffaele Lener leads the team presenting Grazia Bonante, which advises banks and financial intermediaries on regulatory matters, and Sonia Locantore, a specialist in regulatory issues related to mergers and acquisitions. The financial services regulatory practice of White & Case LLP Italy hired both partner Alessandro Zappasodi and experienced partner Licia Mongiello of Pedersoli Studio Legale in August 2021. Zappasodi focuses in particular on the banking, financial and insurance sectors, mainly assisting Italian and foreign banks (and other financial intermediaries and investors) in their daily operations and exceptional transactions.
