Financial regulatory policy in the Eurozone is at a turning point, and Dentons—led by recently added partner Michael Huertas—is setting up a new hub in Frankfurt, Germany, to lead clients through the transition.

Huertas likened Europe’s shift from national-level authorities to regional players like the European Central Bank and the European Securities and Markets Authority to the transition in the United States in the 1930s, when the U.S. Securities and Exchange Commission was established and the Federal Reserve Bank gained greater control of the banking system.