From a tax, regulatory and accounting perspective, Allen & Overy offers integrated solutions in complex corporate, financial and real estate tax transactions. It continues to broaden its coverage of assistance in fund regulation, UCITS, AIFMs, and regulatory capital, as well as in accounting and transfer pricing issues relating to financial institutions and funds on complex, market-first issuances by Italian companies and financial institutions. It is known for expertise in the banking and structured finance sectors. Francesco Guelfi, a partner, and Elia Clarizia, a counsel, serve as the team's joint leaders.

During the research phase, the firm provided tax advice to Toyota Financial Services Italia in connection with Toyota's first Italian hybrid and electric vehicle loan securitisation. The team also provided guidance to the lead managers Intesa Sanpaolo and UniCredit, who coordinated and oversaw the placement and guarantee of a syndicate of banks regarding the tax implications of the first sustainability-linked bond issued by Eni, that was marketed to Italian retail investors.