Areas of expertise

Asset management (AIFMD, UCITS), Investment services (MiFID), Insurance Contracts, Insurance Distribution (IDD), Anti-Money Laundering (AMLD)

Rico Benavides is a member of the Swedish Bar Association and has more than 8 years of experience working with financial regulatory compliance matters. Rico Benavides specializes in financial regulation, especially in the areas of asset management (UCITS and AIFMD), investment services (MiFID), insurance (IDD) and anti-money laundering and counter terrorist financing (AMLD).

In his work, he advises and assists foreign as well as domestic companies of various sizes and business orientations operating in the financial industry, such as investment firms, fund managers, banks, insurance companies, and insurance distributors, in matters relating to regulatory compliance, and represents them in relation to the Swedish Financial Supervisory Authority. The assignments include applications for authorization, assistance in the implementation of new legislation, cross-border business setups, corporate and contract law matters, and various regulatory advice. Several of the clients Rico Benavides advises are FinTech companies, some of which are providing robo-advice, e-commerce payment or crypto trading services.