Financial services: regulatory in Germany

Hengeler Mueller

Hengeler Mueller‘s financial regulatory expertise spans the gamut of contentious and non-contentious matters, guiding clients through their entry into the German market, seeing them through restructuring measures and assisting others facing BaFin administrative proceedings. Johannes Adolff‘s regulatory expertise lies in the crisis management of banks and both he and Dirk Bliesener have experience in handling restructuring measures in the financial services sector. The two are also able to oversee both the transactional and regulatory aspects of distressed mergers in the banking arena. Carl-Philipp Eberlein advises a spectrum of clients that spans banks, insurers and asset managers on matters ranging from day-to-day issues and transactional challenges to proceedings brought by BaFin or the ECB, while Christian Schmies is noted for his ability to assist clients needing assistance with fintech regulations, in addition to supporting payment sector clients in regard to AML/CFT matters.

Weitere Kernanwälte:

Johannes Adolff; Dirk Bliesener; Carl-Philipp Eberlein; Christian Schmies


Kernmandanten

Berliner Sparkasse


BAWAG P.S.K.


Inflexion


EBA Clearing


Portigon AG


KKR


Viessmann Group


Linklaters

Linklaters‘ regulatory specialists work closely with the firm’s M&A practitioners when handling major transactions in the financial sector, while also assisting insurers maintain compliance with various regulatory requirements, and also overseeing clients’ internal restructuring measures. Heading the team is Andreas Steck, who is also the firm’s managing partner for Europe; he offers particular expertise in bank supervisory law and is also well versed in handling complex restructuring mandates. Andreas Dehio is sought after by clients facing regulatory investigations and enforcement proceedings, with further expertise in licensing requirements under German law, which is also a core focus of Julian Emmerich‘s practice. Emmerich is also able to assist with AML compliance and ESG-related matters.

Praxisleiter:

Andreas Steck


Weitere Kernanwälte:

Andreas Dehio; Julian Emmerich


Referenzen

‘The regulatory team is very knowledgeable, always up-to-date on regulators‘ expectations and very practice oriented.’

‘Andreas Dehio is a very good regulatory lawyer, always approachable, asks the right questions and is able to provide usable, concise answers by always addressing all circumstances.’

‘Linklaters‘ regulatory team is remarkable and very efficient. They are very attentive to their clients and show an extraordinary commitment, coupled with a very high professionalism and a very pragmatic and imaginative spirit to find solutions to the most difficult problems. They are highly valued and trusted partners.’

Kernmandanten

Crédit Mutuel Alliance Fédérale/TARGO Deutschland Financial Holding Group


Fosun Holdings


Allianz


Highlight-Mandate


  • Advised Crédit Mutuel Alliance Fédérale and TARGO Deutschland Financial Holding Group on the acquisition of 100% of German bank Oldenburgische Landesbank.
  • Advised Allianz Direct on the acquisition of iptiQ’s European property and casualty insurance business and the takeover of the FRIDAY insurance portfolio from Baloise in Germany and France.
  • Advised Fosun Holdings on the sale of Hauck Aufhäuser Lampe and other regulated group entities in Luxembourg and Ireland to ABN AMRO Bank N.V.

A&O Shearman

The regulatory team at A&O Shearman assists clients across bank supervisory law, and is also well placed to oversee the regulatory aspects of cross-border transactions in the financial services sector. Under the guidance of Alexander Behrens, the team is also able to accompany clients through their licence applications, including in the crypto space. Behrens himself is well versed in the regulations governing banks and is also noted for his expertise in the fintech arena, while Martina Stegmaier specialises in prudential regulations and is also instructed to handle liaisons with BaFin and the ECB.

Praxisleiter:

Alexander Behrens


Weitere Kernanwälte:

Martina Stegmaier; Niklas Germayer


Referenzen

‘Large team with broad knowledge, very service orientated! Even in complex situations the team maintains oversight!’

‚Very experienced team in dealing with German regulators. Alexander Behrens goes the extra mile, is super responsive and puts in the work himself to push a project over the finish line. Good quality of service, including cross-border.‘

‚Alexander Behrens has broad knowledge and is keen to devise solutions for the client, operating effectively across legal areas.‘

Kernmandanten

Instinet Europe Limited


Leonteq Securities (Europe) GmbH


National Westminster Bank Plc


One Trading


SBI-Group


upvest GmbH


Highlight-Mandate


  • Advised SBI Group on the acquisition of a majority stake in Solaris SE.
  • Advised One Trading on its license application for the first crypto OTF in Europe.

Clifford Chance

Clifford Chance's expertise encompasses both banking supervisory law and regulations governing capital markets transactions, and the practice is also frequently called upon to oversee the regulatory aspects of mergers in the financial services sector. Practice head Marc Benzler assists clients with their licence applications and helps them ensure they remain in compliance with prudential requirements, in addition to assisting clients in dealings with the ECB. Kerstin Schaepersmann is also able to assist with licensing matters, and is noted for her expertise in the regulatory framework governing structured products.

Praxisleiter:

Marc Benzler


Weitere Kernanwälte:

Kerstin Schaepersmann; Dominik Schöneberger


Referenzen

‘Proven expertise, reliability, adherence to deadlines.’

‘Exceptional expertise in the relevant fields, including regulatory, netting and derivatives transactions.’

‘Marc Benzler and Kerstin Schaepersmann have exceptional expertise, and deep knowledge of market practices and international market standards.’

Kernmandanten

Bundesverband deutscher Banken


Oldenburgische Landesbank


BNP Paribas


Deutsche Bank AG


JP Morgan Europe SE


Altor Fund Manager AB


Prüfungsverband deutscher Banken


European Banking Federation


Binance


Tencent


UBS


Helvetia Holding AG


Highlight-Mandate


  • Advising Helvetia Holding AG on its planned merger of equals with Baloise Holding AG to form Helvetia Baloise Holding AG.
  • Advising Oldenburgische Landesbank in connection with its shareholders‘ dual track exit and its ultimate acquisition by TARGO Deutschland GmbH.
  • Acting for a globally systemically important bank in connection with a regulatory enforcement proceeding.

White & Case LLP

White & Case LLP is a strong choice for clients facing contentious proceedings in the financial services sector, representing banks in litigation with BaFin, the SRB and the ECB. The firm is also well positioned to assist firms looking to ensure compliance with German and EU regulations, and has a solid track record in acting for firms seeking to challenge regulator-imposed restrictions. Henning Berger heads the team, maintaining a practice that combines both advisory and contentious work, from governance and compliance matters to disputes arising under German and European regulatory frameworks. Woldemar Häring oversees the ownership and control aspects of cross-border transactions, liaising with BaFin and the ECB on this front.

Praxisleiter:

Henning Berger


Weitere Kernanwälte:

Martin Weber; Woldemar Häring


Referenzen

‘Excellent expertise and knowledge. The partner and team are easily approachable. Fast response times and reliable regarding set timelines. Proactive in advising and pragmatic approaches.’

‘Expertise, reliability, adherence, innovation.’

‚Broad scope of regulatory expertise, international collaboration, service oriented and fun to work with.‘

Kernmandanten

N26


Bitpanda Asset Management GmbH


Deutsche Bank


DZ Bank


Entschädigungseinrichtung Deutscher Banken


Nomura Financial Products Europe GmbH


RBC Capital Markets (Europe) GmbH


FERI Trust AG


Highlight-Mandate


  • Advised the Free State of Bavaria on the reorganisation of the equity structure of BayernLB, ensuring the continuation of housing promotion via its development institution, BayernLabo.
  • Represented Nordea and others in around 45 annulment proceedings before the European Court against the Single Resolution Board regarding decisions on the calculation of ex-ante contributions to the Single Resolution Fund.
  • Advised N26 on the lifting of a growth restriction by BaFin.

Annerton

Annerton combines its market-leading fintech expertise with knowledge of banking regulations to advise clients on the implementation of new products and services, while also ensuring that they remain in compliance with German and European regulations, including DORA. Anna Izzo-Wagner‘s practice centres on bank supervisory, investment and licensing law, with Susanne Grohé focusing on payment regulations and related BaFin matters. Frank Müller assists both established clients and new entrants to the German market across issues of bank oversight frameworks to issues tied to the implementation of new technologies, while Till-Christopher Otto acts for credit providers and payment service providers across banking, securities and AML matters.

Weitere Kernanwälte:

Anna Izzo-Wagner; Susanne Grohé; Frank Müller; Till-Christopher Otto


Referenzen

‘Professional, highly experienced team, rapid processing of inquiries, high quality.’

‘Quick comprehension, target-oriented implementation of specifications, high availability.’

‘Complex topics are dealt with comprehensively, in cooperation with specialists.’

‘Quick comprehension paired with high professional competence.’

‘Their hands-on approach and their passion for banking regulatory issues is unique. Of course they have all the expertise as well.’

‘Frank Müller is always looking for practical solutions that work! Very much appreciated!’

‚Specialised and experienced law firm, with a pragmatic approach.‘

‚Anna Izzo-Wagner is pragmatic, hands-on and usually easy to reach.‘

Kernmandanten

Bank Frick


Banxware


Capitell Vermögens-Management AG


EV Digital Invest AG


Feri Trust (Luxembourg) S.A. – Niederlassung Deutschland


Ferrari Financial Services GmbH


Froda AB


HeyOrder GmbH


J&T Banka


KINTO Europe GmbH


Kuder Familypartner GmbH


Merck Finck, a Quintet Private Bank (Europe) S.A. branch, Germany


Moonfare GmbH


Noosa Innovation Inc.


Tipico Group Ltd.


Teylor AG


Toyota Kreditbank GmbH


Trade Republic Bank GmbH


Vereinigte Volksbank Raiffeisen Bank eG


Vietin Bank, Filiale Deutschland


Zinsbaustein


Highlight-Mandate


  • Advised a major bank on regulatory and contractual requirements for the SEPA instant readiness of its German branch.
  • Advised a personnel service provider on obtaining a BaFin licence as a payment service provider.
  • Advised Bank Frick on regulatory aspects of contract documentation, including DORA, in connection with the expansion of its digital banking services.

CMS

CMS is a first port of call for clients from sectors outside the financial services sector requiring assistance with financial regulatory matters, notably acting for the banking and leasing arms of automotive firms alongside the firm’s roster of bank and asset management clients. The firm is also sought after for advice on EU regulations, assisting clients seeking to comply with DORA and MiCAR provisions. The team is headed in tandem by Joachim Kaetzler, who handles matters of banking supervisory and securities law, and Andrea München, who is also qualified in Luxembourg, represents clients in litigation against BaFin and other supervisory agencies.

Praxisleiter:

Joachim Kaetzler; Andrea München


Weitere Kernanwälte:

Barbara Bayer


Referenzen

‘The entire team has advised throughout the entire transaction in a clear, seamless and proactive way with an impressively deep sector know-how in regulated industries.’

‘Andrea München is an excellent and very experienced regulatory lawyer. She has outstanding regulatory knowledge and the remarkable ability to address this in the best interest of her clients to the regulator. Together with her team, she adds more than pure legal advice. Andrea and her team of lawyers have in-depth sector know how, are always available and willing to put in proactively extra work to assist their clients.’

Highlight-Mandate


Gleiss Lutz

Regulatory work in relation to financial sector M&A and market entry into Germany form the core of Gleiss Lutz’s practice, acting alongside the firm’s M&A and private equity teams for both banks and asset managers to secure licenses or obtain BaFin clearance for mergers. Christian Hissnauer‘s practice covers the life cycle of financial institutions, from initial market launches to winding up, and he is also sought after for clients requiring assistance in dealing with BaFin. Hissnauer leads the team alongside Tobias Harzenetter, whose expertise lies in compliance matters.

Praxisleiter:

Christian Hissnauer; Tobias Harzenetter


Referenzen

‚Geiss Lutz is a great team to work with. Even though it is relatively recent in the banking financial services sector, advice provided is always reliable and technically accurate.‘

‚Christian Hissnauer is very pleasant to work with and delivers quick, pragmatic and reliable advice on all financial services regulatory aspects.‘

Kernmandanten

ADAC SE


Athora


Commerzbank AG’s Supervisory Board


Crédit Agricole Leasing & Factoring


ERGO Group AG


Global Payments Inc.


Hauck Aufhäuser Lampe Privatbank AG


Munich Re


Nordnet Bank AB


Versicherungskammer Bayern


Volksbank Mittelhessen eG


Highlight-Mandate


  • Advised Nordnet Bank AB on entering the German market.
  • Advised Commerzbank AG’s supervisory board in connection with a possible takeover by UniCredit.

Latham & Watkins LLP

Latham & Watkins LLP‘s regulatory expertise comes to the fore when overseeing cross-border deals in the financial services sector, with the practice frequently tackling such aspects of private equity acquisitions and divestments, licensing and passporting matters and also assisting clients in BaFin proceedings. Markus Krüger takes the lead on the regulatory aspects of transactional mandates, while also accompanying banks through restructuring measures. Krüger leads the team alongside Axel Schiemann, who advises a client roster consisting of banks, asset managers and fintechs on prudential regulations and securities matters. He is also well versed in taking on regulatory agencies in investigations and enforcement proceedings.

Praxisleiter:

Markus Krüger; Axel Schiemann


Kernmandanten

ADAC e.V.


Evercore


Apollo Global Management Inc.


Seven2


Fidelity National Information Services, Inc.


GSCF


Highlight-Mandate


Noerr

Noerr‘s expertise in the financial regulatory fields encompasses internal bank restructurings, digitalisation processes and BaFin investigations, and the team is also called upon by clients requiring assistance across a range of European regulations, from MiFID to MiCAR and DORA. Jens Kunz, who heads the team, is well versed in bank supervisory law, investment regulations and also tackles the regulatory aspects of financial services sector mergers. Karl-Alexander Neumann joined the partnership in January 2025, advising on digital products and matters pertaining to payment systems.

Praxisleiter:

Jens Kunz


Weitere Kernanwälte:

Karl-Alexander Neumann; Klaudyna Lichnowska


Referenzen

‘The collaboration with the Noerr team is very efficient, pragmatic and responsive, covering all clients’ needs from a banking regulatory perspective. Noerr applies its vast experience with complex and cross-border projects and transfers it into helpful solutions.’

‘Karl-Alexander Neumann is a smart and strategic adviser. He belongs to the lawyers of his generation with a deep understanding of the financial regulatory framework. He is a strong communicator who understands  the interests of his clients well. In negotiations he applies a problem-solving attitude and stays focused in complex situations.’

‘The team possesses in-depth expertise in specialised banking regulation and provides advice that is highly practical, fast, and innovative.’

‘Jens Kunz has extensive expertise in the financial sector, provides reliable and prompt advice, consistently meets deadlines, and his calm and professional demeanour is very helpful in negotiations.’

‘Over the last 15 years, Noerr has secured itself a firm place among the law firms in banking & finance in Germany and today it is hard to imagine legal advice to banks without it. The quality of the advice, the class of the partners combined with a more attractive cost framework than that offered by the Anglo-Saxon firms have made Noerr an important player in banking & finance.’

‚Jens Kunz is characterised by his very high level of professional competence and his ability to present complex issues in a simple way.’

‘Highly qualified advice, innovative ideas, excellent networking in politics and banking supervision. Available at all times.’

‚Jens Kunz is a banking supervisory lawyer with profound knowledge, a very good service mentality and always up to date regarding relevant new regulatory developments. He knows the industry well.‘

Kernmandanten

APS AVIA Payment Services GmbH


Baader Bank AG


Frankfurter Volksbank eG


HRK Lunis AG


IK Partners


J.C. Flowers


OWH SE i.L


Volkswagen Financial Services AG


Wendel Group


Highlight-Mandate


  • Advising J.C. Flowers on the sale of its portfolio company HRK LUNIS AG to Seven2.
  • Advised Baader Bank on restructuring its financial holding group, addressing CRR compliance and regulatory clearances, and supported the adjustment of a crypto-assets business model to align with MiCAR requirements.
  • Advising the Wendel Group on acquiring a majority stake in IK Partners, including FDI and regulatory reviews of German portfolio companies, BaFin ownership control procedures, and coordinating approval processes with financial regulators in Switzerland and Liechtenstein.

Lindenpartners

Lindenpartners‘ regulatory offering distinguishes itself through its focus on sustainability regulations, advising on ESG-related issues under both German and European law, including in relation to SFDR. The team is also tasked with representing clients facing BaFin administrative proceedings, and is further adept at assisting with matters of securities law. Heading the team are Lars Röh and Frank Zingel, who both advise on banking supervisory law, with the former also offering expertise in restructuring mandates, while the latter is knowledgeable of crypto regulations.

Praxisleiter:

Lars Röh; Frank Zingel


Weitere Kernanwälte:

Daniel Bögeholz


Referenzen

‘Lindenpartners is a relatively young but highly experienced law firm. It offers excellent solutions for complex issues. Its expertise is highly valued in relevant areas of the credit industry. Lindenpartners is a genuine alternative to the so-called big law firms.’

‘The team at Lindenpartners works highly professionally, reliably and in a structured manner. Communication has always been very open and collaborative. As a client, you get the feeling that the working atmosphere between colleagues is genuinely pleasant and personal.’

‘The people we have worked with so far have always been very friendly, professional, reliable and supportive.’

Kernmandanten

BBB Bürgschaftsbank zu Berlin-Brandenburg GmbH


Berliner Sparkasse


Berliner Volksbank


Bundesverband der Deutschen Volks- und Raiffeisenbanken


Bundesverband für strukturierte Wertpapiere


Deutsche WertpapierService Bank


DONNER & REUSCHEL Aktiengesellschaft


Kreissparkasse Köln


Sparkasse Hannover


Unzer Group GmbH


Highlight-Mandate


  • Advised Donner & Reuschel AG on the implementation of ESG risk management strategies.
  • Advised Kreissparkasse Köln on the issue of a syndicated green mortgage bond with a value of €250m.
  • Advised Unzer GmbH on the development of an AI application and creation of an overview document highlighting key legal differences and content weighting across DORA contract documents.

Deloitte Legal Rechtsanwaltsgesellschaft mbH

Deloitte Legal Rechtsanwaltsgesellschaft mbH maintains a broad regulatory practice, advising on fintech-related matters and European regulations, including DORA, alongside traditional bank supervisory law. Continuing to head the team is Mathias Hanten, who specialises in assisting clients enter the German market and also tackles regulatory issues arising out of mergers in the financial services sector. Hannes Bracht is well versed in the regulations governing payment services, while Alireza Siadat  is an expert in DLT, blockchain and crypto matters.

Praxisleiter:

Mathias Hanten


Weitere Kernanwälte:

Hannes Bracht; Alireza Siadat


Referenzen

‚Flexibility and experience in the very exotic and specific NPL sector, combined with the client’s creativity to find the best solution for clients.‘

‚Outstanding advisory skills for Alireza Siadat – our long-term lawyer for Fintech questions. Regulatory and crypto expertise are essential to our success.‘

Kernmandanten

Joint representative under a SIGNA bond


ALD AutoLeasing D GmbH


Berliner Sparkasse


Nord/LB


Commerzbank


Korean Development Bank


Investment and Development Bank of Lower Saxony – NBank


STOKR


flatexDEGIRO Bank


Hubject GmbH


DKV EURO SERVICE GmbH + Co KG


Miles & More GmbH


ADAC Finanzdienste GmbH


State Bank of India


Hapag-Lloyd AG


Stadtsparkasse Düsseldorf AöR


Haspa Hamburger Sparkasse


Compay GmbH


Verifone Payments GmbH


Pluxee Deutschland GmbH


Reisebank AG


XCMG Group


EB – Sustainable Investment Management GmbH


LeasePlan Deutschland GmbH


Mobility Concept GmbH


First Commercial Bank Ltd.


Investitionsbank Sachsen-Anhalt


Woori Bank Europe GmbH


Deutsche Lufthansa AG


niio finance Group AG


APS AVIA Payment Service GmbH


Hoerner Bank AG


Investitions- und Förderbank Niedersachsen – NBank


Sparkasse Rhein-Nahe


Sparkasse Hannover AöR


RCI Banque S.A.


WIBank


futurum Bank


Nimiq


Timeless Investments


OneCrowd


secupay


Backed Finance


Deutsche Forfait AG


Backpack


TMC Content Group AG


Midas


Highlight-Mandate


  • Advised Hubject in a ground-breaking payment services license application in the e-Mobility sector.
  • Advised a joint representative under a bond in connection with a German-Austrian-Luxembourg restructuring of the real estate group SIGNA, with a value of €300m.
  • Advised Berliner Sparkasse on the implementation of DORA, including in relation to a large-scale contract remediation project.

GÖRG Partnerschaft von Rechtsanwälten mbB

GÖRG Partnerschaft von Rechtsanwälten mbB assists clients in maintaining compliance with German and European bank supervisory law, but also offers additional expertise in the payment services and investment platforms fields, where it helps clients secure regulatory approvals for new products. The team is led by Andreas Peter, who advises on both bank regulatory and tax matters, while Matthias Terlau specialises in payment regulations, with further experience in guiding clients through BaFin authorisation procedures.

Praxisleiter:

Andreas Peter


Weitere Kernanwälte:

Matthias Terlau


Referenzen

‘We primarily use a single partner at GÖRG in the financial services regulatory practice. However, when we’ve needed assistance in other practices areas, we found the team to be highly collaborative in its approach, with partners able to provide strategic and actionable guidance in consideration of implications to our firm as a whole, and have been highly satisfied with the service by those other practice leads.’

Kernmandanten

Companisto Holding GmbH


Deutsche Finance Group


DG Nexolution eG


GLS Gemeinschaftsbank eG


KfW


Moss GmbH


paydirekt


Samsung Electronics GmbH


Sparkasse Köln Bonn


S-Kreditpartner GmbH


Volkswagen Financial Services AG


Yapı Kredi


Highlight-Mandate


  • Advised several German and European banks and investment companies in connection with claims for damages totalling around €900m against Wirecard AG.
  • Assisted Yapı Kredi on the acquisition of the German private bank Bankhaus J. Faisst and on the subsequent corporate reorganisation.
  • Advised Moss GmbH on an application and procedure for an e-money licence from BaFin.

GSK Stockmann

GSK Stockmann occupies a notable niche in regulatory matters related to digital operations in the financial services space, advising clients including both banks and service providers on the implementation of new products across, inter alia, the payments and credit arenas. Alongside this, the practice is able to assist clients maintain compliance with German and EU regulatory frameworks, including DORA. Heading the team is Timo Bernau, who advises on the regulatory aspects of the launch of cross-border digital products, and is also active in the funds and insurance sectors.

Praxisleiter:

Timo Bernau


Referenzen

‘GSK provides a broad range of services including the management of the client’s relationship to the regulator. In particular in times of challenges on the business side this delivers actual additional value to us as a client.’

‘The team has an impressive experience with a broad practical experience. The interaction and knowledge-sharing within the team makes it unique. Even in case of changing legislation or new legal requirements the advice is well thought through and retrospectively reflects what is expected by regulatory authorities at at a later stage.’

‘Highly competent.’

Kernmandanten

BX Digital AG


Austrian Anadi Bank Group


Banxware GmbH


BNP Paribas Real Estate Investment Management Germany GmbH


Catella Real Estate AG


DekaBank


Hansen & Heinrich AG


Lux Kapitalmarkt Management AG


Raisin Bank AG


Tilta Fintech GmbH


Tishman Speyer Investment Management GmbH


Highlight-Mandate


  • Advised BX Digital AG on financial regulatory matters related to the development and structuring of its digital financial services.
  • Advised Banxware GmbH regarding its cooperation with UniCredit in connection with setting up a partnership with Unicredit Bank/HVB for an SME financing platform.
  • Provided ongoing advice on payment and banking law, as well as advice on refinancing issues, to Tilta.

Jones Day

Jones Day‘s German regulatory team works closely alongside colleagues across the firm’s network to ensure clients remain in compliance with German and European regulations across their entire operations, covering traditional banking supervisory law and extending to the introduction of novel fintech products. Steering the team is Michael Fischer, whose practice spans the regulatory aspects of financial services M&A, AML and sanctions compliance and digitalisation projects.

Praxisleiter:

Michael Fischer


Weitere Kernanwälte:

Jan Philip Nagel


Referenzen

‘The law firm understands how to meet the practical needs of its clients without compromising regulatory requirements.’

‘Michael Fischer stands for an exceptionally trusting relationship with his clients and is always available to offer advice and assistance.’

‘We have been working with this law firm for several years in the areas of Financial Services and Regulatory Practice and continue to be thoroughly impressed by the quality of their advice and service. The team combines deep legal expertise with a strong understanding of market dynamics, which allows them to provide highly effective and business-oriented guidance.‘

‚The advice is always well-founded, clear, and delivered promptly. Communication is efficient and transparent, and we especially appreciate their proactive approach: we are regularly informed about upcoming regulatory changes and strategic considerations relevant to our business. This includes early insights on topics that are still emerging but may become significant in the near future.‘

‚The firm has been particularly valuable in the context of Brexit and the relocation of regulated entities within the EU. Their knowledge in this area is extensive, and their advice has helped us make well-informed, forward-looking decisions.‘

‚What sets this team apart is their ability to think beyond the immediate legal question and to consider the broader business and regulatory context. We consider them a highly reliable partner and an integral part of our external legal support.‘

‚Highly recommended for any organization seeking expert, strategic legal counsel in financial regulation.’

‘We engaged Michael Fischer to guide us through a complex, multi-jurisdictional regulatory project, and his performance exceeded every expectation. He combines razor-sharp legal expertise with a pragmatic, business-oriented mindset: he translated dense regulatory requirements into clear, actionable steps that fit seamlessly into our commercial objectives and tight timelines.‘

Kernmandanten

State of Hesse – Ministry of Finance


Euroclear Bank SA/NV


Highlight-Mandate


  • Advised the State of Hesse on a change in the composition of the capital structure of Landesbank Hessen-Thüringen Girozentrale, strengthening the equity capital of the bank.
  • Drafted memoranda for a major German bank to document its synthetic risk transfer by way of credit insurance in accordance with the provisions of the Capital Requirements Regulation.
  • Advised a French global financial institution in connection with a regulatory analysis in 18 jurisdictions in relation to threshold breaches, reporting and exemption from disaggregation requirements.

Mayer Brown LLP

Mayer Brown LLP‘s combined regulatory and capital markets team is well placed to assist clients requiring advice on their securitised offerings, helping them secure licenses for bonds, derivatives and crypto-based securities. Practice head Patrick Scholl is knowledgeable of licensing requirements in addition to advising on ESG regulations. Marcel Hörauf, who was made partner in January 2025, is sought out for advice on the marketing of securities and matters related to digitalisation projects and DLT.

Praxisleiter:

Patrick Scholl


Weitere Kernanwälte:

Marcel Hörauf


Referenzen

‘Really understanding financial products.‘

‚Patrick Scholl heads and steers the team with deep and market-wide renown. He and his team supported me fast and efficiently on a derivative-related topic. All of them have the ability to get into deep expert discussions very easily and can explain topics just the way it is needed in the relevant situation.‘

‚The team has profound and up-to-date knowledge regarding the relevant topics and keeps in touch with all relevant players in the market. As they are acting as a „true“ team, they support each other withe the best outcome for both each other and the clients. Transparency and billing seem to be very fair and reliable.‘

Highlight-Mandate


McDermott Will & Schulte

McDermott Will & Schulte‘s capabilities in the financial regulatory field extend to advising both banks, payment service providers and crypto-focused fintechs on licensing procedures, where it assists clients in their dealings with BaFin, and is also well positioned to advise on German and European regulations governing payments. Heading the team is Renate Prinz, whose expertise in the fintech arena is complimented by her knowledge of banking supervisory law.

Praxisleiter:

Renate Prinz


Weitere Kernanwälte:

Annabelle Rau; Cornelius Hille


Referenzen

‘McDermott Will & Emery’s regulatory practice stands out due to its extensive expertise and commitment to excellence. Their deep understanding of regulatory frameworks enables them to provide tailored solutions that address each client’s unique needs. This adaptability is crucial in the complex financial regulatory landscape.‘

‚The practice stands out because of its technical proficiency and client-focused approach. They work closely with clients to provide strategic, practical advice. This personalised service is a key advantage that potential clients appreciate.‘

‚Compared to other firms, the practice is a leader in adopting innovative methodologies. They leverage technology to enhance efficiency, collaboration, and timely service delivery. Their commitment to diversity fosters creative problem-solving through varied perspectives.‘

‚Transparent billing practices offer clients clarity and confidence, thereby reinforcing trust and fostering long-term partnerships. These strengths make the Regulatory Practice at McDermott Will & Emery an excellent choice for clients seeking expertise, reliability, and innovation.’

‘Renate Prinz is an outstanding partner whose expertise and commitment set her apart from her competitors. Her ability to explain complex issues in an understandable way and develop customized solutions is remarkable. Renate not only has in-depth specialist knowledge, but also an exceptional ability to plan and implement strategies.‘

Kernmandanten

MEC METRO-ECE Centermanagement GmbH & Co


DZ Bank AG


Ageras A/S


Highlight-Mandate


Waldeck Rechtsanwälte PartmbB

Waldeck Rechtsanwälte PartmbB‘s clients rely on the firm for DORA and MiCAR implementation advice, which it provides alongside every day supervisory law assistance. Heading the team are Jan Liepe, a specialist in securities regulation, and Hendrik Pielka, who represents credit providers, fintechs and asset managers in disputes with regulators. Jens-Holger Petri is active at the intersection of banking and data protection matters.

Praxisleiter:

Jan Liepe; Hendrik Pielka


Weitere Kernanwälte:

Jens-Holger Petri; Lucas Paolazzi


Referenzen

‘The team works extremely well together and is always solution-oriented. They work in a targeted manner in line with the client’s interests. The direct communication with the managing partner is particularly noteworthy.’

‘Very well connected with the supervisory authorities, enabling practical solutions to be found even for complex issues in this field.’

‘Efficient, quick, high expertise, fair billing.’

‘Jan Liepe: straight forward, Hendrik Pielka: high expertise.’

‘Waldeck’s lawyers have excellent knowledge of the regulatory requirements as well as the market and competitors.’

‘Excellent knowledge of regulatory requirements and market/competitors from Jan Liepe and Hendrik Pielka.’

‘Jens-Holger Petri possesses exceptional expertise in the area of outsourcing within the financial sector. He stands out for his outstanding negotiation skills, his professional and calm working style, and his reliable and punctual delivery.’

‚High level of professional expertise, high level of understanding for the client’s business.’

Kernmandanten

21X


Aareal Bank AG


Athelios Vermögensatelier SE


Baden-Würtembergische Wertpapierbörse


Bankhaus Scheich Wertpapierspezialist AG


BfV Bank für Vermögen AG


Boerse Stuttgart GmbH


Commerzbank AG


Development Company for Israel (Europe) GmbH


DLT Finance AG


EUWAX AG


FELS Wealth GmbH


flatexDEGIRO Bank AG


Gameforge AG


Generali Insurance Asset Management S.p.A.


Hellwig Wertpapierhandelsbank GmbH


ICF Bank AG


Impact Labs GmbH


Infront Financial Technology GmbH


ING


ISBANK AG


Lang & Schwarz AG


lemon.markets GmbH


Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH


mediserv Bank GmbH


mwb fairtrade Wertpapierhandelsbank AG


Odörfer & Brandner Vermögensmanagement


Parqet Fintech GmbH


PI Privatinvestor Kapitalanlage GmbH


RoboMarkets Deutschland GmbH


SARA FUND MANAGEMENT GmbH


SIX Financial Information


Sparda Bank Berlin eG


Tradias GmbH


TRYCON G.C.M. AG


Ucambio Exchange & Money Transfer GmbH


UmweltBank AG


Universal-Investment-Gesellschaft mbH


Vickii GmbH


vwd Transaction Solutions AG


Walter Ludwig Wertpapierhandelsbank GmbH


Westend Bank AG


ZeroEx GmbH


Highlight-Mandate


  • Advised ING on the implementation of the requirements set out in DORA.
  • Advised UmweltBank on the implementation of DORA.
  • Advised and represented DLT Finance in connection with the establishment of a strategic cooperation with eToro concerning the trading of crypto assets.