Commercial
Future facing legal experts delivering solutions across all commercial sectors
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CMS Commercial at a glance:
In today’s increasingly regulated markets, operators have to manage commercial risk as they work towards their business objectives. Success depends on fruitful relationships with customers and suppliers, based on effective, sector-specific contracts. Wherever you operate, your business needs the right legal advice and support, based upon in-depth understanding of your specific markets.
We organise our teams around sectors and industries relevant to you, including financial services, manufacturing, automotive, consumer products, energy, hotels and leisure, infrastructure and projects, life sciences, supply and logistics, real estate and construction, technology, telecoms, media and sports.
Whatever advice you need, we can help you achieve the optimum outcome for your business. Whether for commercial contracts, supply services, e-commerce, IT or telecoms agreements, data protection, design and manufacturing, advertising, sponsorship and marketing, consumer sales, software licensing, outsourcing or sales, agency or distribution and franchise agreements, we aim to find the best solution for you.
If you want to discuss the commercial opportunities and challenges facing your business, we would be delighted to speak with you.
Business advisors delivering smart solutions
CMS commercial specialists know the dynamics of your local markets inside out, and work in global teams across one of the world’s largest law firms. Wherever you operate, we are there for you – ready to advise on multi-jurisdictional commercial arrangements and the local services that make them work.
CMS has market-leading industry sector expertise in highly regulated sectors. Major stakeholders recognise our proven ability to deliver pragmatic, industry-specific commercial advice backed with exceptional legal expertise.
We are often asked to advise on highly complex and high-value transactions at the cutting edge of industry and legal thought, often involving the deployment of new and innovative contracting models, processes and technologies. We deliver smart solutions that make sense of and simplify transactions in ways that add value and make practical sense for all parties.
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Digital Regulation Tracker
To help you navigate the tsunami of digital regulations in the EU and in the world, visit our digital regulation hub and brand new digital Regulation Tracker tool
Legal experts for Commercial
Highlighted experience
Case studies
CMS advised a multinational conglomerate to manage cross-border payments in a seamless and efficient way across 34 jurisdictions.
The advice, on a range of payment issues and with a key focus on the maximum length of those arrangements, was project managed by CMS Warsaw. CMS mobilised its resources to advise in 34 jurisdictions. Close co-ordination and implementation of shared quality standards, we ensured that our client received clear, commercial advice in a consistent and coherent form in every country
CMS Budapest operates a dedicated centralised hub for a major oil & gas company’s indirect procurement contracts worldwide.
A core team of specialist commercial lawyers qualified in a range of jurisdictions deliver the service, and mobilise the resources and expertise of CMS lawyers around the world as required. The team is led by a Legal Project Manager, ensuring that all matters are handled in cost-effectively and delivering efficiencies through continuous process improvement, implementing lessons learned and minimising repetition.
Regulatory News - Commercial
See allESMA: Klaus Löber: Strengthening the foundation of the EU clearing ecosystem
Text of a Q&A session on 25 February 2026 has now been published. Topics include: aspects of EMIR 3 implementation; operational resilience; cloud and AI adoption by CCPs; CCP supervisory colleges, and market adoption of tokenisation.
EBA: Peer review report on ICT risk assessment under SREP
EBA has published the follow-up to its 2022 peer review report on ICT risk assessment under the supervisory review and evaluation process. EBA notes that competent authorities have made notable progress in strengthening ICT risk assessment, driven largely by the implementation of DORA, but that further work and continued investment are necessary.
IAIS: Application paper on operational resilience objectives and toolkit
Further to consultations which took place in 2024 and 2025, IAIS has now published the final version of its application paper containing operational resilience objectives and supporting practices/tools. It covers three overarching objectives with the following themes: the relationship between operational resilience, governance and operational risk management; the key elements of a sound approach to operational resilience, and specific objectives for insurance supervisors.
FCA/BoE/PRA/EBA/EIOPA/ESMA: MoU
FCA, BoE and PRA have igned a MoU with the ESAs to enhance cooperation and oversight of critical third parties that fall under the UK’s critical third party regime. It establishes a framework for coordinating and sharing information on the oversight of parties under the UK regime and critical third party providers under DORA, including during incidents such as power outages or cyber-attacks.
