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. He also provides assistance across the all Fintech spectrum and assists financial institutions, global technology/telecoms companies, investors and start-ups on the interplay between developments in the fields of technology, data exploitation, cybersecurity and financial regulation.
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.
In the latest years Mr Rumi has been involved in the assistance, amongst others, to the first digital credit platform with full banking licence in opening its first branch in Italy, to a leading group of insurance undertakings and insurance brokers in developing a blockchain system allowing the collection of the information and documents necessary for the issuance of large risks policies and to an Italian financial intermediary in relation to the analysis of an innovative product which enables the purchase of credits for deferred payment through a digital solution entailing the use of points of sale (POS).
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 and is in charge of the coordination of BonelliErede’s outpost in Frankfurt at Hengeler Mueller’s premises.