Comparative Guide
Public Procurement
Italy
Marco Iannacci
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.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Billing & efficiency
Testimonials
Collated independently by Legal 500 research team.
- ‘They are deeply embedded within the legal financial markets in Italy and have a track record of providing us with detailed and pragmatic advice within tight timeframes.’
- ‘We work a lot with Domenico Musso. He is a very impressive lawyer who is reliable and responsive and has a valuable depth of experience in the markets in which we operate. He is our first port of call on urgent and complex matters.’
- ‘The team led by Domenico Musso stands out for its unique combination of deep technical expertise, international perspective, and forward-looking approach to financial regulation. What makes the practice distinctive is its strong focus on FinTech, crypto-asset service providers, derivatives, MiFID and AML compliance, combined with niche capabilities such as Vatican financial law. This highly specialised scope allows the team to deliver solutions in complex and innovative transactions that many more traditional firms are not equipped to handle.’
- ‘The team are our go-to firm in Italy. They tick all the boxes as an international banking and finance practice. Once a relationship is established the team is very happy at a no or low cost to discuss early stage structures and terms sheets where the client is just teasing out best structures and key risks, without fully scoping out whether a deal is possible. Also happy to advise on related issues such as financial regulations, insolvency and tax, before bringing in sector experts. Extremely responsive, excellent command of spoken and written English.'
- ‘Paolo Bonolis is no doubt at the top of his game. He is ably assisted by Maria Giovaana Pisani. Paolo is comfortable discussing all aspects of a transaction (finance, security, insolvency and regulatory) and works hard to achieve the best result for his client. Both are always available and inspire confidence. Paolo is happy to challenge orthodox thinking (which doesn't always apply in Italy) but always with a view to reaching an optimal solution for us.'
- 'On cross-border deals, Paolo is also happy to tease out structures driven by other jurisdictions. If we need advice in another EU jurisdiction, we approach Paolo to get the right CMS lawyer in that country.’
Key clients
- Aareal Bank AG
- Intesa San Paolo
- Worldline Group
- Commerztzbank
- FIFA Collect
- VISA
- Amazon
- Klarna Bank AB
- Deutsche Bank AG
- Outpayce S.A.U.
- Deutsche Pfandbriefbank AG
Work highlights
Providing ongoing regulatory assistance to VISA regarding its Italian operations.
Assisting Worldline Group with several Italian regulatory and compliance requirements.
Providing regulatory and contractual assistance to Modex Tech for the implementation and operation of the FIFA Collect Platform.
Practice head
Paolo Bonolis
Other key lawyers
Domenico Gaudiello; Maria Giovanna Pisani; Domenico Musso; Eva Selvaggiuolo; Massimo Trentino; Andrea Arcangeli; Giuseppe Boccalone