Cristina Reichmann
Head of Capital Markets, FIS, and Structured Finance, Romania
Languages
- Romanian
- English
- French
Cristina Reichmann is a partner in the Finance department at CMS Romania and Head of FIS, Capital Markets and Structured Finance practice in Romania. She has over 20 years of experience advising on banking and finance, financial instruments and services, as well as capital markets, on both transactional and regulatory aspects.
She has a wide experience advising on various types of innovative financing products and on a broad range of regulatory and compliance matters within the financial services sector.
Her experience includes advising on receivables financing, NPL transactions, asset-backed finance, treasury finance (factoring, cash pooling), municipal finance, equity and debt offerings, payments and digital finance, film financing.
Cristina has broad experience in relation to the operation of financial markets and operators, European directives and regulations on financial instruments, as well as securitised operations and structured financings.
She assists on a regular basis leading credit and financial institutions, funds and asset management firms, IFIs and film producers in structuring and bringing to close transactions and has been involved in a number of groundbreaking projects in the region in recent years.
Cristina was the drafter of various laws in Romania, including the package of covered-bonds law, securitisation law and mortgage loans legislation under a mandate from IFC/World Bank and USAID.
Cristina also works alongside the corporate team advising on banking and finance sector specific issues on M&A and joint venture transactions.
She is ranked by IFLR1000, Legal 500 and Chambers as a leading lawyer in Romania for banking and finance as well as for capital markets practice areas.
Education
Cristina Reichmann is a partner in the Finance department at CMS Romania and Head of Capital Markets, FIS and Structured Finance practice in Romania. She has over 20 years of experience advising on capital markets, banking and finance, as well as on financial instruments and services.
Cristina’s expertise includes all types of financing through capital markets, equity and debt offerings, including MREL bonds, Tier 2 bonds, IPOs/SPOs on the local or international markets, takeover public offerings and squeeze-out procedures, acquisition and disposal of financial instruments (on regulated markets, as well as through ATS/MTF and OTC), investment funds, alternative investment funds, and asset-management companies.
In addition, Cristina has experience in regulatory aspects in relation to the operation of financial markets and operators, European directives and regulations on capital markets and derivatives.
She regularly advises on regulatory and compliance matters, mainly triggered by the application of EU Regulations (e.g. MIFID2, changes to Prospectus Regulation, EMIR), by Romanian residents participating in multi-jurisdiction investments and/or delivery of financial services, as well as by the regulations implementing new trading concepts / mechanisms under Romanian law (e.g. global accounts, trading outside the regulated markets, derivatives trading, links of the local depositary and settlement systems to large international settlement systems for trading Romanian originated securities).
Cristina is a member of the Arbitration Chamber of the BSE and she was involved in the task-force of the Financial Supervisory Authority for the implementation of MIFID II, EMIR, changes to local law related to EU Prospectus legislation, as well as in drafting the Romanian legislation regarding covered bonds and securitization law.
She is ranked by IFLR, Legal 500 and Chambers as a leading lawyer in Romania for capital markets as well as for banking and finance practice areas.
Education
Cristina Reichmann is a partner in the Finance department at CMS Romania and Head of FIS, Fintech,Capital Markets and Structured Finance practice in Romania. Cristina is an expert lawyer in FinTech, payments and digital finance, being at the forefront of innovation and digitalization in the financial sector. Cristina is also co-head of the Fintech/Payments Specialisation CMS group.
Recent work includes open banking-related projects, digital transformation in banks and financial services, e-money, BNPL structures, ATM sharing, PSD2 aspects, and financing through new technologies. She has substantial experience in working on complex, multi-jurisdictional projects throughout CEE, providing assistance to traditional and new players in the finance industry, from traditional banks to digital banks, from big telecoms and technology-based platforms/gateways to third party providers and Fintech start-ups.
During her career, Cristina advised on cutting-edge cross-border transactions in the fast-growing area of Fintech (digital banking, payment services, cards, e-money, big tech), regularly working with CMS colleagues from other offices, in regional projects and feasibility studies on various contractual models, financing structures, revenue sharing, electronic tools, Fintech microfinance platforms, Fintech innovation labs and regulatory sandboxes.
Cristina is also a frequent speaker on various Fintech related topics at both local and international conferences.
She is ranked by IFLR1000, Legal 500 and Chambers as a leading lawyer in Romania for banking and finance as well as for capital markets practice areas.
