FinTech

Our Approach

The FinTech team brings together the expertise of specialists from various areas of law, including financial services regulation, personal data protection, cybersecurity, and IT/IP. In our advisory work, we therefore effectively combine an interdisciplinary approach with in-depth sector knowledge and a keen understanding of the regulator’s expectations and practices.

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We serve as regular counsel to the Polish Bankers’ Association (ZBP) and participate in the work of many of its working groups. Our attorneys also gain up-to-date knowledge of regulated entities’ operations through secondments.

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How can we help?

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Product Structuring

• We advise leading financial institutions on structuring new products.
• We prepare or adapt documentation for new products.

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Compliance Audits

• We have conducted dozens of regulatory compliance audits, including periodic audits under Article 3 of the PSD2 RTS (also in collaboration with an external firm conducting technical assessments and penetration tests).
• Reports from our audits have been submitted to supervisory authorities on numerous occasions.

Agreements with Regulated Entities

• We draft and negotiate agreements subject to specific regulatory regimes (regulated outsourcing, DORA, NIS2).
• We advise regulated entities on drafting outsourcing provisions.
• We support service providers (both global and local) in preparing product offerings and documentation used in their dealings with regulated entities.

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Client Documentation

• We draft, review, and update model client documentation—for both consumers and business clients.
• We advise on consumer matters—including the Consumer Credit Act.
• We represent regulated entities in investigative proceedings, administrative proceedings, and court proceedings related to consumer protection.

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In doing so, we work closely with our consumer protection team, which is recognized as one of the best and most effective in Poland.

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AML

We are leading Polish experts in the field of AML/CFT. Members of our team have completed additional training in AML/CFT, including courses organized by the GIIF and the Compliance Polska Association, and have obtained AML/CFT officer certifications.

• We have had the opportunity to lead AML/CFT projects for various types of regulated institutions, including banks, credit institutions, insurance groups, entities in the leasing, factoring, and lending industries, payment institutions, postal operators, as well as entities providing shared accounting services, which has allowed us to gain broad-based experience in the AML/CFT field.
• We have conducted implementations and compliance audits within the legal frameworks of AMLD 3, AMLD 4, and AMLD 5.
• We regularly conduct compliance reviews.
• We also represent our clients in supervisory and enforcement proceedings, both before the GIIF and the KNF. As a result, we possess practical knowledge regarding the expectations of supervisory authorities in the area of AML/CFT.
• We also have experience in preparing regulated institutions for periodic evaluations conducted by Moneyval.