FinTech Legal - United Arab Emirates
What the team is known for
Norton Rose Fulbright has expertise in financial services regulation, digital assets matters, payments services and other FinTech businesses on regulatory licensing and compliance as well as transactional matters. Its team has particular strength acting for cryptocurrency platforms, projects and exchanges as well as acting for neobanks and venture capital and private equity funds investing in FinTech.
Strengths
"Norton Rose Fulbright is very aware of the sector and clients' requirements. They give good insights from across the firm on various consultations. They also show consistency in approach and diligent follow-up."
Work highlights
Norton Rose Fulbright advised ByBit, a cryptocurrency exchange, on its establishment in Dubai under the Virtual Assets Regulatory Authority regime.
Notable practitioners
Matthew Shanahan has a solid reputation as a regulatory lawyer in the UAE FinTech market, typically advising clients looking to expand their business services into the UAE on regulatory issues and licensing. "Matt Shanahan is incredibly commercially aware, he understands and is able to support senior people in businesses. He works very well at senior levels of business and knows how to pitch and explain things to clients. He puts forward solutions that actually work on a practical scale." "He is an excellent financial regulatory lawyer, a very safe pair of hands and very accomplished."