Biography
David Schoo is an associate in the Financial Services Regulatory practice in Berlin. David’s practice focuses on public commercial law with a particular emphasis on financial services regulation. His clients include banks, other financial institutions as well as government and public entities.
David has wide-ranging experience advising international and domestic banking groups on a broad range of regulatory matters relating to governance, compliance, AML, regulatory capital, and ownership control topics. He further supports clients in contentious regulatory proceedings before European Union and German courts as well as in enforcement proceedings before supervisory authorities. His work regularly involves him in issues relating to constitutional law and European Union law.
Experience
N26, 2024
Advised European digital bank N26 on the regulatory requirements and lifting of the growth restriction by the German Federal Financial Supervisory Authority (BaFin).
Free State of Bavaria
Advised the Free State of Bavaria on the reorganization of the equity structure of BayernLB ensuring, in particular, the continuation of housing promotion via its development institution BayernLabo.
Landesbank Baden-Württemberg and Berlin Hyp AG
Advised Landesbank Baden-Württemberg and Berlin Hyp AG on regulatory matters of the intragroup-merger of their commercial real estate businesses.
NORDEA, Deutsche Bank, LBBW, DZ BANK, BayernLB et. al.
Advice to and representation of these clients in actions for annulment before the European General Court against the European Single Resolution Board (SRB) concerning the European banking levy from 2020 to 2023.
Deutsche Bank AG
Advice to and representation of Deutsche Bank AG before the European Court of Justice in a regulatory dispute against the European Central Bank (ECB) in an action for annulment regarding the SREP decision imposing certain requirements on Deutsche Bank.
DZ BANK AG
Advice to and representation of DZ BANK AG before the Appeal Panel of the European Single Resolution Board (SRB) and before the European General Court in an appeal / action for annulment against the SRB's decision on DZ BANK's MREL-requirement.
