HOGAN LOVELLS

Comment: A highly recommended firm for banking and bank regulatory law which boasts many international contacts and experience in dealing with the fallout of crisis situations in the state banking sector. In this field, Brandi frequently lives up to his reputation and ensures a high utilization rate. The firm also has specialist expertise in support measures for credit institutes. The team is increasingly active for the Single Resolution Board (SRB) regarding the winding-up of banks in other European countries and is a central advisor to the Federal Association of Payment Institutes on regulatory aspects, e.g. PSD II implementation and the Regulatory Technical Standard (RTS). Besides the state banking sector, the German Payment Services Supervision Law has been a key area of work for years. The team stepped up fintech activity and boosted its ranks in late fall with Dr. Jochen Seitz and Peter Maier from Mayer Brown.
Recommended: Dr. Tim Brandi (“always reliable”, client), Dr. Richard Reimer (“very pleasant and professional cooperation”, competitor), Dr. Jochen Seitz.
Practice: Broad regulatory activity, also outsourcing, compliance and sanctions committee proceedings. Crisis-related advice, as well as advice on payment services and increasingly on fintech. Also litigation. (5 partners, 5 associates)
Clients: ?? Concardis on applying for e-money business authorization; Deutsche Bank, Commerzbank, UniCredit Deutschland on sale of Concardis; Depfa Bank and FMS WM on transferring loans and debt issues for bonds (€4bn); Main Access Capital on applying for Federal Financial Supervisory Authority authorization to operate as financial services provider; ongoing advice to Federal Association of Payment Institutes on regulatory and payment services aspects.
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