With Luca Lo Pò at the helm, DWF‘s financial services regulatory practice focuses on the regulatory aspects of capital markets transactions and M&A involving regulated entities.

BonelliErede‘s financial services regulatory offering is well-known in the market for advising some of Italy’s largest banks and lenders on complex investigations and compliance matters, regulated M&A and other transactions, AML, fintech, and more. Leading the team is longstanding banking and insurance regulatory specialist Giuseppe Rumi, who assists clients with investigations, major takeovers, combinations and reorganisations. Anna Di Vilio's expertise lies in banking, asset management and investment funds. Newly-appointed partner Giulio Vece is a key name for prudential regulation, entity establishment and authorisation, corporate governance and more. Andrea Savigliano handles regulated M&A and banking and finance transactions, as well as investigations, AML, and more, and Nicolò Rinaldo‘s practice includes extraordinary transactions and advice to e-money and payment services. Fabrizio Colonna and Marco Boldini bring additional fintech, electronic money and payment systems knowledge to the table, and Michele Cisolla is another key name.

Financial regulatory veterans Alessandro Portolano and Vincenzo Troiano co-lead Chiomenti‘s financial regulation team, bringing extensive experience in regulated M&A and extraordinary transactions, and compliance, corporate governance, prudential regulations, and investigations respectively. The practice, which includes versatile, newly-appointed partner Flavia Pagnanelli, is trusted by various intermediaries, from banks and insurance intermediaries to credit institutions, pension funds, and fintech and e-money institutions. Felice Azzollini‘s broad practice includes assisting with products and services distribution, and Emanuela Gagliani Caputo works on transactional and compliance-related issues. Antonio Principato is an additional key name in the team.

The team at Legance - Avvocati Associati advises leading national and international banking, financial and insurance players in relation to all matters of a regulatory nature, including litigation and M&A transactions. Its capabilities extend from capital requirements applicable to banks and other financial intermediaries, to issues relating to non-banking intermediaries, financial agents and credit brokers, and from AML and enforcement procedures to entity establishment, payment services and electronic money institutions. The group is jointly led by ‘outstanding professionals’ Marco Penna, who assists payment services clients with transparency and regulatory issues as well as a host of banking and finance instructions, and Federico Vezzani, who advises on a range of prudential and regulatory supervisory matters as well as extraordinary transactions and corporate governance matters. Also recommended is Giuseppe Alessandro, who offers a broad set of services related to banking, insurance and securities regulation and transactions. Armenia Riviezzo and Cristiana Ferrari are additional key names.

Reputed adviser Andrea Calvi and versatile financial services specialist Giulio Sandrelli jointly oversee the offering at PedersoliGattai, a key resource for all types of regulated entities, from banks and asset managers to fintech and payment services companies. The group handles various issues, from large-scale regulated M&A, banking inspections and investigations and AML work, to crypto and digital assets matters. The team includes Stefano Giavari, who has notable expertise in assisting clients in extraordinary administration or compulsory administrative winding-up procedures, with further capabilities in anti-money laundering and ongoing advice for regulated entities. Alberto Prade is a go-to for blockchain and crypto regulation.

Counting large domestic banks, insurance companies and international alternative regulated financial intermediaries as clients, Bird & Bird‘s financial regulatory offering is equipped to advise on issues like market abuse, corporate governance for regulated entities, fintech regulation, payment services and e-money, and the creation of financial products. Well-acquainted with Italian and EU regulatory frameworks, the group is co-led by longstanding partner Raimondo Maggiore, who handles everything from bank capital requirements and bank assurance to contentious regulatory issues and enforcement; Stefano Febbi, whose wide knowledge base encompasses fintech, payment services insurance and financial products, and general corporate compliance; and Rossella Sansone, whose practice spans asset management matters, disputes with regulatory authorities, and various outsourcing and distribution agreements. Annapaola Schino is a key name for instructions related to banking and investment services regulation.

The group at Cappelli Riolo Calderaro Crisostomo Del Din & Partners is equipped to handle an array of regulatory issues, from those related to banking and insurance to funds and derivatives. Seasoned partner Michele Crisostomo focuses on energy transition and sustainable finance, co-leading the team alongside Silvio Riolo, whose competences include litigation and market abuse issues. Fellow co-head and ‘true standout’ Gabriele Buratti advises on extraordinary regulated transactions, compliance, licensing and corporate governance issues. The fourth and final co-leader is debt and equity capital markets specialist Federico Morelli. The experienced team is often drafted for guidance on AML, prudential matters, structuring of regulated entities, product development, and distribution and regulatory capital, as well as work in emerging arenas such as fintech, e-money, payment systems and blockchain. Alessandra Davoli and Giulia Sforza are also key names.

Helmed by Giuseppe De Palma, whose caseload spans SACE-supported international project export finance, acquisition and leveraged finance, and real estate finance, the team at Clifford Chance advises global investment funds, public financing entities, and Italian and international banks on the full spectrum of financial regulatory issues. Global managing partner Charles Adams is engaged for cross-border banking work, from leveraged finance and syndicated lending to project financing, and Lucio Bonavitacola is a key liaison between regulated entities and regulatory authorities. Gianluca Fanti specialises in special situation work and transactions collateralised by esoteric assets classes. Chiara Commis‘ métier is infrastructure finance, and Paolo Ballerini focuses on real estate finance. Filippo Tassoni is best known for publicly-supported finance transactions.

Alessandro Engst and Alessandro Fosco Fagotto co-lead the team at Dentons, which supports clients with regulated M&A and other complex transactions, the establishment of new regulated entities, corporate governance, and contentious issues like transparency, AML, and anti-terrorism and sanctioning-related work. The group is also occupied with fintech, payment services and sustainable finance, remaining a go-to for a diverse and impressive Italian and international client base.Valerio Lemma focuses on fintech, insurtech and digital payment solutions, and Lorenzo Toppini handles transactions and regulatory issues involving derivatives and structured products.

Capable across the full spectrum of financial regulatory services, FIVERS Studio Legale e Tributario handles special situations for and offers ongoing corporate advice to prominent Italian and foreign banks, management companies, family offices and other financial intermediaries. Founding partner Francesco Di Carlo is well-versed in regulatory supervision and regulated transactions, including cross-border matters. Fellow founder Edoardo Guffanti is sought out for his expertise in banking and finance litigation, market abuse issues, corporate governance, control systems and more. Newly appointed partner Debora Gobbo advises banks, insurers and other regulated intermediaries on various compliance matters.

Emanuele Grippo, whose broad remit touches everything from asset management and pension funds to securities regulation and structured finance, co-leads the group at Gianni & Origoni alongside Marco Zaccagnini, a key contact for debt issuance and restructuring, structured finance and derivatives, and Paolo Bordi, whose focus is on compliance and anti-money laundering. The practice handles the full scope of contentious and non-contentious workflows related to the creation and distribution of financial services products, counselling a range of investment funds, banking and insurance entities, and payment services. Claudia Colomba assists an array of financial intermediaries in various capacities.

Market veteran Jeffrey Greenbaum leads the team at Hogan Lovells International LLP, which has notable expertise in the fields of crypto and MiCA regulation, payment services, fintech and AML. The group, staffed by fintech, e-money and crypto-focused Elisabetta Zeppieri and insurance regulatory specialist Silvia Lolli, handles a large number of cross-border regulated M&A, ESG issues and capital markets matters. Andrea Cicia is knowledgeable on capital markets instruments and extraordinary transactions.

The group at Simmons & Simmons counsels banks, insurers, crypto businesses and other financial intermediaries on a range of regulatory matters. Practice head Romeo Battigaglia has vast experience with derivatives, structured products, financial instruments, funds and market regulation. Also on the team is Maria Giusy Naccarato, whose broad remit spans advising on various products and advising banks, investment firms, insurance companies and asset managers on a range of cross-border projects. Andrea Tonon leads on matters related to alternative funds, and Enrico Leone counsels credit institutions on corporate governance, capital requirements, sanction procedures and more. Mirella Di Carlo handles various matters impacting regulated entities. Adriano Maggioli is another name to note.

The team at ADVANT Nctm, which grew in 2024 with the integration of boutique Zitiello Associati, offers a wide array of contentious and non-contentious services for regulated entities. Danilo Quattrocchi comes highly recommended for various financial services regulatory matters, from e-money and consumer credit, to capital markets transactions, private banking matters, anti-money laundering and capital requirements. The team includes Fabio Coco, who delivers out-of-court advice and handles litigation relating to banking and finance, with an emphasis on fintech and ICT services and regulations like DORA. Francesco Mocci offers day-to-day assistance, litigation services and more for regulated entities, and Benedetta Musco Carbonaro handles judicial matters involving supervised entities.

Led by Marco Zechini, Alma LED‘s offering focuses on advising fintech unicorns and scale-up operations, as well as established players, on a range of compliance matters. The group has built strong capabilities in the areas of mobile payments, open banking, crowdfunding, peer-to-peer lending and payment aggregator activities, with Luca Benvenuto concentrating on banking transparency and anti-money laundering and advising regulated entities on their interactions with supervisory authorities. Sergio Visalli‘s diverse skill set includes expertise in cryptocurrency, NFTs and decentralised finance.

With the highly experienced Paolo Bonolis leading the charge, CMS acts for an array of banks, payment institutions, fintech and crypto players and other regulated financial services providers, delivering advice on AML and customer protection, fund distribution and cross-border passporting, licensing, framework implementation and more. The group, which includes complex debt, public sector advisory and derivatives transactions specialist Domenico Gaudiello, also assists clients with litigation and tax-related matters. Maria Giovanna Pisani is an important contact for international banks, finance companies, asset managers and investment firms as well as payment systems and e-money players. Domenico Musso focuses on capital markets, fintech and crypto asset regulation, and Eva Selvaggiuolo‘s remit spans fintech and digital payments.

The financial services regulatory team at LCA Studio Legale is well-versed in emerging regulated areas in addition to assisting banks, investment firms and traditional financial services providers with their various needs. Department head Umberto Piattelli‘s broad practice encompasses fintech, e-money institutions, crypto assets services, crowdfunding and more. Giancarlo Ranucci is sought out for assistance with prudential supervision issues, sanctioning and the structuring of service offerings and products, and Andrea Marani handles corporate finance instructions and matters involving derivative financial instruments. The ‘very professional’ Sofia Caruso is an additional key resource.

Well-regarded financial regulation expert Raffaele Lener leads the practice at Lener & Partners, which assists banks and financial service providers in navigating highly specialised situations involving a spectrum of market structures, collective asset management businesses and depositories, global custodians, capital adequacy matters and regulated M&A and JVs. The group also acts for clients in arbitration and other contentious matters. The team is similarly well-acquainted with the world of fintech, payment services and e-money institutions, and has significant experience with setting up regulated entities. Grazia Bonante focuses on international finance law among other areas of interest, and Sonia Locantore counsels domestic and international banks and financial institutions on M&A, product marketing, corporate governance and more.

LEXIA is best known for advising big names and unicorns in the fintech sector. Angelo Messore handles a wide array of regulatory matters particularly for fintech clients, and Francesco Dagnino is noted for his expertise in crypto assets, blockchain, and other areas of fintech. With the input of Massimo Paolo Gentili, whose vast experience spans the establishment of new financial institutions, JVs and M&A within areas such as private banking, investment services and asset management, the team also assists regulated entities with banking and investment services regulation, transactions, anti-money laundering and more. Orietta Nava‘s scope of practice encompasses asset management, investment services and payment services, and Marina Mastrangelo specialises in UCITS marketing and cross-border fund distribution, as well as Luxembourgish regulations. Carlotta Zola is another key name.

Structured finance and financial markets specialist Dario Longo co-leads the group at Linklaters Studio Legale Associato alongside Anna Ferraresso, a practitioner well-versed in AML, all things funds, outsourcing and governance matters, transactions and crisis management. With capabilities in M&A, authorisation of credit funds, prudential regulations, reorganisations and liquidations of financial services entities and other areas, the team also includes versatile advisor Emanuele Umberto Aurilia. Samuele Manfredo Pio counsels major financial institutions on the regulatory aspects of cross-border activity, and Giulio Farolfi handles various matters, including fintech innovation regulatory work.

The team at Osborne Clarke has notable experience advising financial entities on operational start-ups, and handling issues in emerging regulated areas such as payment systems, cryptocurrencies, AML and anti-bribery, digital operational resilience and insurance. Practice head Nunzia Melaccio is familiar with a wide spectrum of regulatory issues faced by investment services, banking clients and other clients implementing payment services and other regulated products, and Luca Paesetti is a key name for corporate governance and policy drafting, assisting investment and payment services and asset managers. Giovanni Luca Andriolo assists with authorisations, reporting obligations and compliance, and Camilla Capaldo is well-versed in various supervisory procedures and other regulatory matters.

The team at White & Case (Europe) LLP is led by Alessandro Zappasodi, who assists Italian and international financial institutions and investors with banking payment services and asset management regulations. He is knowledgeable on new business structuring, market entry, financial leasing, and large FIG transactions. Anti-money laundering issues and prudential matters are another key workflow.

The ‘very skilled and trustworthy’ Fabio Civale and his team at Civale Associati is experienced in advising Italian and overseas banks, investment firms and managers, and other intermediaries on a range of issues, from anti-money laundering and portfolio management to litigation and more. Civale is supported by versatile adviser Alberto Debernardi and litigator Angela Morabito. Federico Cattaneo and Sebastiano Zanco are additional key names.

Cleary Gottlieb Steen & Hamilton houses a team featuring Bernardo Massella Ducci Teri, who handles contentious matters such as enforcement, regulatory inspections and financial regulatory advice, and Giuseppe Scassellati-Sforzolini, whose practice incorporates public and private M&A, financial services regulation, EU state aid law, enforcement and litigation matters. Laura Prosperetti concentrates on restructuring transactions, regulatory inspections and compliance. Also on the bench is Paris-based Amélie Champsaur. The team supports clients with advisory, transactional, or contentious matters, servicing banks, payment systems providers, digital and virtual banks, crypto players, investment funds and PC firms.

AML specialist Guerino Cipriano serves as practice head of the team at Deloitte Legal Italy -Società tra Avvocati a r.l., which advises various insurers, banks and digital-first banking clients on cross-border operations, regulated transactions and asset disposals, JVs, M&A, leasing matters and more. Giuseppe Lacatena, who divides his time between Italy and Luxembourg, is a key figure in the team, as is Federica Coscia.

Agostino Papa leads the offering at DLA Piper, which is active in prudential and supervisory matters, routinely advising companies on AML policy and a range of other regulatory issues. Vincenzo La Malfa assists institutional investors, pension funds, banks and other intermediaries in transactions involving public entities and publicly-owned investors. Nicoletta Alfano and Maddalena Fontana assist regulated entities with the full range of regulatory needs, including advising on incentive and remuneration systems.

The EY team assists regulated entities with a wide range of regulatory matters, including corporate governance, fintech issues, fund formation, regulated transactions and supervisory matters. Team lead Michele Odello is engaged by domestic and international clients for guidance on day-to-day compliance, authorisation procedures for acquiring regulated entities, setting up vehicles in and outside of Italy, sanctioning and supervisory proceedings. Insurance regulatory advice is another key workflow. Francesco Paolo Sasso advises credit institutions, investment firms and fund managers on corporate governance, remuneration, AML, products and more.

The team at Gatti Pavesi Bianchi Ludovici welcomed Raffaele Sansone, an expert in financial markets law, collective asset management and banking, financial and insurance regulation, in June 2024 from Gianni & Origoni. Offering assistance to a variety of regulated entities, the group handles fund formation and regulation, bank regulatory mandates, and more.

Fund regulation and cross-border financial services specialist Luigi Rizzi and corporate governance, risk management, compliance and internal control systems-focused Sergio Beretta co-lead the offering at boutique GIM Legal. They are supported by Marco Conti, who brings expertise in white-collar crime to the table, and Emanuele D’Auria, whose remit spans fintech, capital markets, crowdfunding and more.

Seasoned insurance and financial services specialist Nicolò Juvara leads the team at Molinari, supported by Daniela Runggaldier, a key contact for various players in these regulated sectors. The group, alongside its insurance offering, advises on BNPL and digital payment systems, fintech and insurtech, and regulated transactions and M&A. ESG regulations and other compliance advisory mandates are further key workflows.

The practice at Orsingher Ortu – Avvocati Associati has a notable focus on funds, investment and asset management firms and payment services alongside banking regulation. Team head Luigi Baglivo assists banks, financial services providers and payment institutions with their regulatory obligations, with notable expertise in matters related to managed savings. Massimo Ritrovato focuses on a range of areas, like the launch of new banking products, adaptation to regulations, the establishment of funds and banks, regulated M&A and cross-border matters. Giacomo Chieregato delivers compliance advice to various regulated players. Serena Bravi advises banks and insurance companies on M&A, bancassurance and compliance.

Studio Legale Carbonetti houses an experienced bank regulatory team, poised to advise on product development, fintech issues, regulated entity structuring, sanctioning matters and more. Banking veteran Fabrizio Carbonetti heads the practice alongside Marco Romanelli, who advises clients on regulatory approvals, sanctions and supervisory proceedings.

Eugenio Muschio, who advises domestic and international clients on various regulatory matters, including the development of online platforms for regulated products, co-leads the offering at Studio Professionale Associato a Baker & McKenzie alongside fellow co-head Carlo De Vito Piscicelli, a leveraged finance specialist. Alberto Fornari focuses on receivables financing transactions, NPLs, payment systems and fintech. The group frequently handles instructions involving fintech, payment services, digital financial services, outsourcing projects, crypto, AML and transparency matters.