Best Structured Finance Lawyers in San Giuliano Milanese

1. About Structured Finance Law in San Giuliano Milanese, Italy

Structured finance in Italy focuses on turning illiquid assets into tradable securities through special purpose vehicles (SPVs) and contractual structures. In San Giuliano Milanese, a town in the Milan metropolitan area, lawyers help clients navigate securitisation, asset backed finance and project finance within Italian and EU frameworks. The work typically involves SPV formation, asset transfer, risk allocation, and regulatory compliance across civil and financial law regimes.

Italy uses a mix of national statutes and EU rules for structured finance. Local practitioners combine contract law, tax considerations, corporate rules and financial regulation to support transactions for banks, asset managers, and corporate borrowers. In practice, this means coordinating between avvocati (lawyers), notai (notaries) and financial regulators to ensure enforceable securitisation structures that meet Italian standards and international expectations.

Recent trends in the area include greater attention to the EU Securitisation Regulation and the STS (simple, transparent and standardised) framework, as well as ongoing cross border securitisation activity involving Lombardy-based institutions. Local specialists in San Giuliano Milanese frequently advise on SPV governance, asset transfer compliance, and post-issuance servicing requirements in line with EU and Italian rules.

Source: OECD- securitisation markets provide financing by converting illiquid assets into securities and distributing risk across investors.

The Bank for International Settlements notes that securitisation markets support financial stability by diversifying funding and distributing risk across investors.

2. Why You May Need a Lawyer

• A Lombardy-based manufacturer plans a securitisation of its receivables. An avvocato in San Giuliano Milanese is needed to structure the SPV, assign receivables and ensure clean title transfer under Italian law.

• A local bank wants to issue asset backed securities (ABS) to diversify funding sources. A solicitor will review the securitisation documents, rating agency criteria, and the EU regulatory regime governing STS structures.

• A small real estate developer in Milan seeks project finance using structured debt. You need a lawyer to draft covenants, intercreditor arrangements and ensure compliance with TUF and national collateral rules.

• A Lombardy company faces a restructure of an existing securitisation. Legal counsel can advise on amendments, consent from counterparties, and registration with the relevant authorities.

• You are considering cross-border securitisation with Italian SPVs. An avvocato can coordinate Italian law, tax implications and cross-border closing mechanics to avoid gaps in enforcement.

• Purchasing or selling receivables secured by securitisation requires careful contract review to protect rights, warranties and servicing obligations under Italian law.

3. Local Laws Overview

Italy governs structured finance through a blend of national statutes and EU regulations. Below are 2-3 key legal pillars relevant to San Giuliano Milanese transactions.

1. Legge n. 130 del 1999 (Legge 130/1999) - Securitisation Law
   Introduced the Italian framework for securitisation of receivables via SPVs, enabling transfer of assets to a bankruptcy-remote vehicle. Effective since 1999, it remains central to Italian securitisation practice in Lombardy and beyond.
2. Decreto Legislativo 58/1998 (TUF) - Testo Unico della Finanza
   Consolidates rules on financial intermediation, market conduct and securities issuance. It governs public offerings, disclosure, and market integrity for structured finance transactions in Italy. Entered into force in 1998 and remains a core reference for regulated activities.
3. Regolamento (UE) 2017/2402 on securitisation and STS
   EU framework that sets criteria for securitisation transactions and the STS label. It applies in Italy from 2019, with national implementations and supervisory guidance by Bank of Italy and CONSOB as appropriate.

These laws interact with EU and international standards. In San Giuliano Milanese, practitioners also monitor evolving supervisory expectations regarding disclosure, servicing, and risk retention. Recent years have seen intensified focus on harmonising Italian SPV governance with EU STS requirements.

Source: OECD - securitisation framework and market guidance.

Source: BIS - securitisation activity and macroprudential considerations.

4. Frequently Asked Questions

What is structured finance in simple terms?

Structured finance uses SPVs and tailored contracts to move assets off balance sheet while distributing risk to investors. It often involves securitisations, project finance or asset backed funding.

How does securitisation work in Italy?

A borrower sells assets to an SPV, which issues securities to investors. The SPV holds the assets and passes cash flows to investors under a servicing contract.

When can I use the STS label for a securitisation?

STS status is available when the deal meets EU criteria for simplicity, transparency and standardisation. It is granted by competent authorities in the EU, including Italy.

Where do I start if I want to securitise receivables in San Giuliano Milanese?

Begin with an avvocato specialized in structured finance to assess asset eligibility, SPV structure, and regulatory requirements in Italy.

Why should I hire a local lawyer in Lombardy for structured finance?

Local lawyers know Milan area practices, regulators, notaries and tax considerations. They help align the transaction with Lombardy-specific business and regulatory nuances.

Can non-residents participate in Italian securitisation deals?

Yes, but you may face additional regulatory and tax considerations. An Italian avvocato can guide on cross-border compliance and documentation.

Should I involve a notary for asset transfers in securitisations?

Notaries are often engaged for formal asset transfers and related real property or receivables movements in Italy. They ensure enforceable documentation.

Do I need a license to issue ABS in Italy?

Issuers typically operate within regulatory frameworks for securities and may require registration or authorization depending on structure and asset class.

Is there a difference between securitisation and assignment of receivables?

Yes. Securitisation uses an SPV to issue securities backed by assets, whereas an assignment of receivables is a direct transfer of rights to a buyer or SPV.

How long does a typical securitisation transaction take in Italy?

From initial analysis to closing, most transactions span 8 to 20 weeks depending on asset type, counterparty approvals and regulatory reviews.

What is the regulator's role in securitisation in Italy?

The Bank of Italy and CONSOB oversee disclosure, investor protection and market integrity for securitisations and related offerings.

How much does a structured finance legal engagement cost in Lombardy?

Costs vary by deal complexity, but a typical initial consultation ranges from a few hundred to a few thousand euros, with fees scaling through negotiation and closing.

5. Additional Resources

• - Provides international analysis, market trends and policy considerations for securitisation markets. OECD - Securitisation overview
• - Central bank perspectives on financial stability and securitisation market structure. BIS - BIS overview
• - UK regulator providing technical standards and guidance on securitisation, which informs cross-border practice. FCA - official site