Banking & Finance: Financial Services Regulation
Europe Guide 2024 : Spain
Band 1
Email address
[email protected]Contact number
+34 91 456 3400About
Provided by KPMG Abogados
KPMG’s Banking and Finance team is a core practice with wide expertise on implementation of new upcoming regulation, owing an extensive knowledge on market trends and benchmark with regards to regulatory hot topics. Offers considerable experience in full-wide banking regulatory practice covering compliance and corporate governance, investor protection, ESG and transparency, prudential, supervision and authorization of regulated entities, as well as blockchain and fintech. Advices investment services companies on the marketing and distribution of foreign UCITS or AIFs in Spain as well as asset managers in regulatory and compliance matters.
Advisors of leading financial entities that develop their activities in Spain, both domestic, European and third country based. Solution oriented, the practice commonly advices in restructuring procedures and product strategy thought leadership.
Well positioned in legal services on asset finance, with a leading role in Spain´s shipping and aircraft finance markets, handling high volume and complex transactions with a strong international component. Also represent major Spanish investors acting as pure financers and/or as equity investors in domestic and multinational deals.
Banking regulatory practice with proof cross-border experience supported by its own international network in relevant multidisciplinary projects for top-tier financial entities.
Chambers Review
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.
Work Highlights
- KPMG assisted SingularBank with the regulatory processes involving outsourcing arrangements in Spain.
Strengths
Provided by Chambers
"The firm has a large team that allows it to analyse the difficulties with a broad and strategic vision."
"They have the necessary resources to attend to several operations at the same time, and their technical knowledge is very high."
"We continue to choose them after many years. Their strong knowledge of the banking sector, and of the regulation specifically, reassures us as clients."
"The firm has a large team that allows it to analyse the difficulties with a broad and strategic vision."
"They have the necessary resources to attend to several operations at the same time, and their technical knowledge is very high."
"We continue to choose them after many years. Their strong knowledge of the banking sector, and of the regulation specifically, reassures us as clients."
Notable Practitioners
One of Spain's leading banking and finance regulation experts, Francisco Uría regularly advises financial institutions and large corporates seeking authorisation to set up new entities or provide new financial services, and gives regulatory guidance on EU-wide requirements.
"Francisco Uría is one of the leaders in regulation. He's a great manager, and he has magnificent knowledge and great experience."
Pilar Galán Gavilá is a well-known figure in the market with prowess in complex financial regulatory mandates ranging from ESG-related issues to regulatory elements of M&A transactions and bond issuances.
"Pilar Galán Gavilá has very good knowledge and strategic skills."
"She is extremely sensible to customer expectations."
Luis Fernández advises investors and lenders on finance structuring as well as acquisition and asset finance transactions, being particularly active on mid to high-cap mandates.
"Luis Fernández is very commercial."
Ranked Lawyers at
KPMG Abogados
Spain