WKB Lawyers – Financial and payment institutions

The scope we cover includes:

we advise a wide range of financial services providers (such as banks, investment companies, investment funds and investment fund companies, credit institutions, payment institutions, leasing companies, factoring companies, and companies specialising in the processing of cashless payments) to ensure that their activities comply with sectoral regulations and the Financial Supervision Authority recommendations;
we offer comprehensive legal support for the introduction of new (including innovative) financial products, both during their design and implementation;
we assist financial institutions during administrative proceedings before the Financial Supervision Authority, in respect of both ongoing supervision and in the course of control proceedings;
we represent financial institutions in administrative proceedings before the Financial Supervision Authority concerning applications for authorisations necessary to, among others, acquire or dispose of shares in regulated entities, as well as for licensing and license renewals;
we provide analysis and training on the implementation of new EU and Polish financial sector regulations by financial institutions;
we provide guidance on the best course of action to enable the cross-border provision of services or the commencement of service provision in Poland;
we provide guidance on whether given business activities constitute regulated activities and are subject to financial supervision.

Our competitive advantage:

we understand our clients’ business needs;
we understand the realities of business and the expectations of regulators – our specialists have extensive experience from their time in financial institutions, the Financial Services Authority, and the Office of Competition and Consumer Protection;
we form highly specialised, multidisciplinary teams and draw on experts from other fields of law (competition, data protection and M&A teams) to provide comprehensive services for projects or transactions;
we recommend solutions that are easy to apply in practice.

Financial and payment institutions