Bird & Bird covers a myriad of financial services regulatory issues spanning crypto assets, regulatory compliance, and the creation of supervised entities. The firm is regularly sought out by an array of fintech companies, international banks, and investment funds. The team is jointly steered by José Luis Lorente Howell, who regularly advises clients on regulatory strategy and compliance across payment services and e-banking, and Fernando Gutiérrez Rizaldos, who is regularly called upon by credit institutions, insurers, and fund managers.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Lawyer & team quality
Client satisfaction: Billing & efficiency
Testimonials
Collated independently by Legal 500 research team.
- ‘Bird & Bird's financial services regulation team has extensive experience advising electronic money institutions, payment institutions, and credit institutions. Their size allows them to study issues in depth, as they typically accept a limited number of high-value cases.'
- ‘José Luis Llorente has a great knowledge of the regulations and usually asks the questions that help to go a step further or even to unlock certain highly complex issues.’
- ‘The team is highly skilled in advising on regulatory developments, which they perfectly adapt to each specific case with doctrinal and jurisprudential analysis, making the successful conclusion of a matter much smoother, whether in a contractual or even litigation context, and helping with the sales strategy for related products and services.’
- ‘Their deep specialisation, specifically in the technology sector, where they are true team players who integrate as one of the team members and do not need to be trained, as they come with both regulatory and technical knowledge.’
Key clients
- Bunq BV Sucursal en España
- Crypto.com (Foris DAX MT)
- Cisco Systems S.L.
- Genet Europe S.L
- PagoNxt Emoney EDE
- Stratio Big Data Inc.
Work highlights
Advises Pagonext Emoney, the payment institution of Banco Santander, across various matters.
Advised US software provider Stratio Big Data Inc on DORA EU 2022/2554 Regulation adaptation work of its third-party supplier contracts with Spanish financial entity Santander.
Advised GetNet Europe (Santander Group) on the licensing process for obtaining a new electronic money institution with the FCA in the UK -GetNet Merchant Service Solutions UK.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
José Luis Lorente Howell; Fernando Gutiérrez Rizaldos
Other key lawyers
Isabel Rodríguez Mendieta