Banking & financial services

Our market-leading banking and financial services practice has experience dating back more than 60 years and an exceptional track record. We have the largest banking and financial services team in Luxembourg, supporting clients with all areas of their banking and financial service needs.
Our team is at the forefront of market developments and has recognised expertise in assisting clients with complex, precedent-setting projects in Luxembourg and abroad.

Our clients

Our clients include global and local branches of the largest domestic and international banks, financial banking groups, financial conglomerates, European institutions, MiFID investment firms, payment service providers, e-money institutions, neobanks, financial holding companies, as well as other financial sector professionals.

Our services

Our team has extensive experience in all areas of banking and financial services, including:

  • License applications and surrender of license processes
  • Exercise of European cross-border passporting rights
  • Establishment of third-country regulated banking and MiFID branches
  • Acquisitions and disposals of qualifying holdings in regulated financial sector entities (including change of control processes)
  • M&A, voluntary liquidations and reorganisation of banking and financial institutions (including through transfer of branch of activities, business lines or spin-offs)
  • Transfer of banking and financial services businesses and activities, in or out of Luxembourg, on a cross-border basis
  • Insolvency of banks, MiFID firms and regulated financial sector entities
  • Qualification of financial services activities
  • Full spectrum of regulatory and compliance matters (including AML, CRD/CRR, IFD/IFR, MiFID, PSD, MiCAR)
  • Reviewing and drafting of contractual documentation (including general terms and conditions, credit and loan documentation, portfolio management, advisory and RTO agreements)
  • Internal procedures and processes
  • Consumer protection legislation
  • Consolidated supervision and financial holding analysis
  • Regulatory capital and remuneration requirements
  • Credit card, e-money and payment services
  • Banking litigation and mediation procedures
  • EMIR, securities clearance and settlement matters
  • Private banking and professional secrecy
  • Financial sector outsourcing projects
  • Fit and proper assessments of management members and key function holders
  • On- and off-site inspections from competent authorities (including AML, MiFID, PSD)
  • Regulatory sanctions procedures
  • Strategic boardroom advice
  • Advising on compliance with sustainable finance regulations 

What others say about us

The firm brings in-depth knowledge of the Luxembourg legal market coupled with awareness of drivers such as commercial factors and other jurisdictions."

"I found the partners and associates super responsive and understanding of the needs of a US fund setting up in Luxembourg, then transacting an acquisition."

"The team provides practical, responsive and results-oriented advice."

"We appreciated the approachability of the partners, their responsiveness, market knowledge and reputation."

"The corporate team at EHP is pulling away from the Luxembourg market and cementing themselves as the leaders for corporate work in Luxembourg

Legal 500 2024

Banking, Finance and Capital Markets

The team has demonstrated remarkable expertise in successfully handling complex and sophisticated legal matters. The lawyers are also commercially oriented, which is precious.”

“Elvinger Hoss Prussen has a strong bench and you can always reach out to someone at any time to answer your questions.

Chambers Global 2024

Banking & Finance Luxembourg

The team consists of specialised lawyers who can cover all areas of law and have a specialist with experience for every case. The rapid response and availability at short notice, even in the case of special and unusual legal issues, should be emphasised.

Legal 500 2023

Banking, Finance and Capital Markets Luxembourg

The whole team is very experienced and smart, finding intelligent solutions when handling complex matters.

Chambers Europe 2023

Banking & Finance Luxembourg

What always strikes me when working with the firm is the availability and the level of dedication of the senior partners. Their high degree of involvement combined with their industry experience leads to above par solutions for the client.

Legal 500 2022

Banking, Finance and Capital Markets Luxembourg