Europe - Germany • Banking and finance
Latham & Watkins LLP
Latham & Watkins LLP is well known for its regulatory expertise in M&A and private equity transactions. The team also offers assistance with regulatory audits and enforcement procedures of the ECB and BaFin as well as preventative compliance issues and reporting obligations, licensing requirements for German business activities, including cryptocurrency-related matters, and the implementation of ESG strategies. The practice is led by Markus Krüger (transactions and regulatory advice) and Axel Schiemann, who recently assisted with a cross-border investigation pertaining to AML compliance and advised a global crypto platform operator on licensing matters pertaining to crypto trading and deposits.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
'High level of specialist knowledge and reliability.'
'Markus Krüger and Axel Schiemann have many years of experience and expertise.'
'Very strong on technical regulatory issues. Comprehensive knowledge and experience in questions relating to financial services and in cooperation with BaFin and the ECB.'
'Markus Krüger is an extremely mindful lawyer who offers first-class advice, always with the ultimate economic goal in mind. He has been invaluable to us as he has helped us navigate many different regulatory processes at both BaFin and the ECB.'
'Markus Krüger is an excellent lawyer, extremely experienced and client-focused.'
'Axel Schiemann is an accomplished regulatory law expert and has an impressing depth and breadth of experience.'
Key clients
- Aareal Bank AG
- Apollo Global Management, LLC
- Bankhaus Lampe
- Bundesverband deutscher Banken e.V. - Einlagensicherungsfonds
- dwins GmbH
- DXC
- eToro Group Limited
- Evercore
- Hg Capital
- IKB Deutsche Industriebank AG
- La Caisse de dépôt et placement du Québec (CDPQ) / General Atlantic
- Prosegur
- Simon Property Group
Work highlights
- Advising the Federal Association of German Banks and the Deposit Protection Fund (ESF) with regard to compensation for depositors of Greensill Bank GmbH.
- Advising the Supervisory Board of Aareal Bank on the planned investment agreement with Atlantic BidCo GmbH.
- Advising the German subsidiary of Evercore on all regulatory and compliance issues, in particular on the start of cross-border European business (passporting).
Practice head
The lawyer(s) leading their teams.
Markus Krüger, Axel Schiemann