FinTech Legal
FinTech Guide 2024 : Poland
Band 1
About
Provided by Sołtysiński Kawecki & Szlęzak
SK&S Fintech team combines transaction work (project finance, real estate and company acquisitions, debt restructuring), with the provision of regulatory advice (including advice on the whole range of regulated financial institutions and the acquisition of banks), and general and specialist advice, as well as representing clients in proceedings before banking and financial supervisory authorities. A thorough understanding of the regulatory environment helps us to provide counsel on transactions and contracts, and knowing the business reality, we are well equipped to communicate with the supervisory authorities.
Financial regulation
We are one of the few law firms with a specialized team dedicated to financial services and financial institutions regulatory matters. We advise on a full range of matters of banking activity, leasing, lending, investment, insurance, and payment services, based on national and European regulations (including CRR, MiFID/MiFIR, AIFMD, UCITS, BMR, CSDR and EBA guidelines). For years, we have dealt with complex regulatory projects and proceedings before the PFSA and the Office for Competition and Consumer Protection.
Project Finance
Our experienced team provides comprehensive legal assistance in all types of domestic and international financing transactions, in practically every sector of the economy. We help clients structure transactions and prepare and negotiate the transaction documentation. We also assist them with restructuring projects.
Chambers Review
Sołtysiński Kawecki & Szlęzak has a market-leading FinTech regulatory practice. Its lawyers are particularly strong on payments law matters, including open banking, buy now, pay later products and digital payments. The team regularly advises on PSD2 compliance and related matters.
Work Highlights
- SKS advised Allegro Pay on regulatory compliance following new anti-usury legislation in Poland.
Strengths
Provided by Chambers
"I have always rated my cooperation with SKS very highly, especially in terms of their understanding of the legal and regulatory aspects of the issues being advised on, but also their pro-business approach, creativity in seeking advantageous solutions, and clarity in communicating often complex problems."
"They demonstrate a high level of openness to clients' needs, including trying to work out solutions, not stopping at identifying legal problems."
"I have always rated my cooperation with SKS very highly, especially in terms of their understanding of the legal and regulatory aspects of the issues being advised on, but also their pro-business approach, creativity in seeking advantageous solutions, and clarity in communicating often complex problems."
"They demonstrate a high level of openness to clients' needs, including trying to work out solutions, not stopping at identifying legal problems."
Notable Practitioners
Wojciech Iwanski is a partner in SKS's financial regulatory practice. His primary focus is on payments law. He has assisted Polish banks with the implementation of open banking, as well as advising the Polish Bank Association on the development of industry guidelines.
"Wojciech is a very good expert with wide knowledge; he is open to the needs and expectations of customers and has excellent business orientation."
"He has always demonstrated great knowledge in the field of civil law, especially in the realm of payment services, coupled with the ability to adopt unconventional approaches to legal problems, and presenting solutions that strike an excellent balance between business needs and legal or regulatory risks."
Marcin Olechowski is an experienced practitioner who leads on notable mandates relating to payment services, most often for major card issuers and Polish banks. He is highlighted for his strong reputation on banking matters.
Mateusz Blocher is knowledgeable on payments services issues. He often advises financial institutions on regulatory compliance.
"Mateusz Blocher is an excellent expert in the area of payment services, focusing not only on the formal aspects of regulations but also on their practical consequences for the business."
"I've never cooperated with a lawyer as good as Mateusz. His knowledge, approach and ability to talk to non-lawyers is excellent."
Ranked Individuals at
Sołtysiński Kawecki & Szlęzak
Poland
Members
Provided by Sołtysiński Kawecki & Szlęzak
Clients
Provided by Sołtysiński Kawecki & Szlęzak
Alior Bank
Allegro Pay
BFF Bank S.p.A.
Bank Gospodarstwa Krajowego S.A.
Bank Millennium
Bank Pocztowy
EVO Payments
Fundacja Rozwoju Rynku Finansowego
Mastercard Europe
MerXu sp. z o.o.
Microsoft
Nest Bank
PayPo
Wonga.pl
Wood & Company Financial Services
Związek Banków Polskich (The Polish Bank Association)
Industries
Provided by Sołtysiński Kawecki & Szlęzak
Banking
Financial sector
IT
Marketplaces
Payment market