Giuseppe Rumi has been a partner at BonelliErede since 2007. His practice focuses on banking and financial law, with particular emphasis on regulatory issues. Mr Rumi regularly provides cutting-edge advice to major international and local banks, investment firms and asset management companies. He assists clients on authorisations, inspections and insolvency proceedings; reviews of prudential architecture, corporate governance and internal controls system; and compliance and anti-money laundering issues.
Since 2006, Mr Rumi has been involved in some of the most important mergers and acquisitions in the Italian banking industry, and has specific experience in advising international companies interested in working in Italian regulated sectors. He assisted on wide governance reforms and internal audit investigations of credit institutions following changes in their corporate bodies and requests from the supervisory authorities. From 2015 to 2017, he assisted the new corporate bodies of the four bridge banks (Nuova Banca delle Marche, Nuova Banca dell’Etruria e del Lazio, Nuova Cassa di Risparmio di Ferrara and Nuova Cassa di Risparmio di Chieti) established in the first application of the Bank Recovery and Resolution Directive in Italy. Currently, he is working on the reorganisation of banks and investment firms (as a result of the single supervisory mechanism).
Mr Rumi regularly sits on panels of Italian associations that deal with prudential supervision and complex and innovative financial techniques for both banking sector and finance companies.