Pérez-Llorca has a multidisciplinary financial services regulatory team that advises on fund formation, the launch of new financial products, and ongoing compliance for banking, payment services, and cryptoasset clients. The practice works with investment banks, fintechs, and public entities, providing guidance on regulatory authorisations, proceedings, and compliance obligations. Co-heads Josefina García Pedroviejo and Cristina Vidal bring extensive experience in regulatory authorisations and advising financial institutions, listed companies, and public bodies on complex compliance matters.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Sector knowledge
Testimonials
Collated independently by Legal 500 research team.
- The approachability and availability of the managing partner, Cristina Vidal Otero, and her associate, David Díaz Villar, are exceptional. Beyond their high technical expertise, they demonstrate meticulousness and attention to detail, and a willingness to adapt to work methodologies that other firms might consider intrusive (such as extensive involvement of the bank's internal legal advisor or other collaborators). They also provide excellent service for urgent matters and on-demand handling. Furthermore, they have always been highly transparent in setting fees and have made a concerted effort to accommodate our needs.
- Excellent knowledge of financial regulations and experience in the administrative and procedural handling of sanctioning proceedings by regulators and supervisors. A guarantee of quality and expertise. The team stands out for its approachability, adaptability to our needs, and flexibility in working collaboratively with the bank's in-house legal department and even with other firms to optimize the best possible outcome. We offer maximum confidence in handling complex matters with significant reputational impact.
- ‘Regulations in our industry, changes, evolutions, or applications, in their application, are of utmost importance. For 15 years, Josefina García Pedroviejo has been an indispensable help in understanding and applying obligations that are sometimes difficult to grasp.’
- ‘Josefina García Pedroviejo, due to her rigour, consistency, pedagogy, and availability, is by far the most qualified to apply the regulation.’
- The legal team stands out for its solid technical knowledge, adaptability, and collaborative approach, enabling it to handle complex matters efficiently. Among their main strengths are specialisation, effective communication, and a proactive approach to anticipating risks and proposing solutions.'
- ‘It is a highly complex practice due to the market's specific characteristics and the overwhelming scope of constantly changing regulations, coupled with the supervisors' criteria, which necessitate reformulating guidelines that initially seem clear but generate repercussions in other areas.'
- ‘The service is exceptional. We have worked with Cristina Vidal, partner in financial regulation, throughout her career and have continued at Peréz-Llorca with David Díaz, senior associate at the firm.'
- ‘Cristina Vidal and David Díaz have extensive knowledge of the sanctioning procedures. Furthermore, they are always available and willing to propose solutions.’
Key clients
- Invesco
- Lazard
- Asset Management One
- Société Générale
- UBP (Union Bancaire Privée)
- Edmond de Rothschild AM
- BNP Paribas
- Amundi
- P-10 Inc.
- ING
- Willis Towers Watson Investments
Work highlights
Advised P10 on all regulatory aspects (permissions, adaptation of internal policies and restructuring of all the funds) to acquire 100% of the issued and outstanding equity interests of Qualitas Funds and 100% of its fee-related earnings.
Advising Cofidis, the consumer lending solutions provider, on designing a specific product condition that goes further than the legal one proposed by the government.
Advised Hotelbeds on a number of FinTech initiatives in order to create a new set of tools that will provide added value to its business model with different partners.
Lawyers
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Josefina García Pedroviejo; Cristina Vidal
Other key lawyers
David Díaz; Alejandra Solórzano; Diego Samuel Arroyo