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Carole Schmidt

Knowledge Counsel

Email

carole.schmidt@aoshearman.com

Phone

+352 44 44 5 5275

Offices

Luxembourg

V-CARD
Carole is in charge of Know-How management on a wide range of financial services regulatory matters, including payment services, Fintech & crypto-asset services, investment/broker dealer services, prudential & governance issues, outsourcing and AML/KYC topics.

She has been advising on the above regulatory matters for over 20 years and is a recognised expert in the field.

Carole is a member of several committees and groups within the Luxembourg Bankers’ Association (ABBL), in particular the Professional Obligations Committee, the Steering Committee MiFID, the External Asset Managers working group as well as the MiCA and DLT Pilot Regime and the DORA Task Forces. She is also a member of the Luxembourg Banking and Financial Law Association – ALJB and of the The Payments Association EU.

Carole is also an active member of our FinTech task force, supporting a wide range of clients, from established financial institutions to start-ups developing innovative solutions. solutions.

Prior to joining the firm, Carole was working for 13 years for another major Luxembourg law firm where she was providing advice to major local and international clients on financial services regulatory matters.

Published Work

  • Aubry. B. and Schmidt C. (2024) “Luxembourg – Trends and developments”, London: Chambers
  • Berger. T. and Schmidt C. (2023) “Lexology GTDT Anti-Money Laundering 2023 - Luxembourg”, London: Lexology
  • Scarpa. A. and Schmidt C. (2018) “Le Luxembourg en voie de se doter d’un registre des bénéficiaires effectifs et d’un registre des fiducies”, Luxembourg: AGEFI
  • Liebertz. C. and Schmidt C. (2005) “Le secret bancaire luxembourgeois face au mandat dans la perspective du banquier”, Luxembourg: Bulletin droit et banque

Speaking Engagements

  • Speaker, ILA Certification - Module 1 “Fundamentals of Luxembourg Law for Company Secretaries”, September 2023
  • Speaker, Allen & Overy Private Capital Forum 2023”, July 2023

Leadership Positions And Professional Affiliations

Carole is a member of several committees and groups within the Luxembourg Bankers’ Association (ABBL), in particular the Professional Obligations Committee, the Steering Committee MiFID, the External Asset Managers working group as well as the MiCA and DLT Pilot Regime and the DORA Task Forces. She is also a member of the Luxembourg Banking and Financial Law Association – ALJB and of the The Payments Association EU.

Qualifications

Academic

B.A. degree in political sciences, Sciences Po Lyon, Lyon, 2000

Master degree in Business Law, Lorraine University, Nancy, 2002

University professional degree in European law (Magistère de juriste d’affaires européen), Lorraine University, Nancy, 2003

LL.M. in International, Commercial and European law from Sheffield University, 2003

Languages

English, French
Disclaimer
A&O Shearman was formed on May 1, 2024 by the combination of Shearman & Sterling LLP and Allen & Overy LLP and their respective affiliates (the legacy firms). Any matters referred to above may include matters undertaken by one or more of the legacy firms rather than A&O Shearman.