All industries
Financial Services and Fintech
The financial services sector continues to undergo significant changes driven by rapid technological development, increasingly burdensome AML/CFT and sanctions regimes, new ESG requirements, and ongoing consolidation in the sector. The impact of changes in the regulatory framework, as well as the complexity of implementation and inconsistency of regulations across different jurisdictions, may expose companies to increased regulatory risks.
VERBA LEGAL lawyers provide clients (including banks and financial institutions) with comprehensive support on various matters in the financial sector and financial technology market. The team’s expertise covers issues ranging from transaction support, tax assistance, and legal advisory to assistance with the implementation of new IT solutions. The team also provides comprehensive legal support in the issuance of digital financial assets (DFAs) and participates in the development of legislation related to the issuance of DFAs by a special purpose financial vehicle.
The team specializes in providing services in the financial institutions and fintech sector — both in dispute resolution and across various operational aspects. Among the practice’s clients are flagship institutions of the Russian banking sector, systemically important companies for the Russian IT market, market leaders, and state-owned entities.
VERBA LEGAL lawyers provide clients (including banks and financial institutions) with comprehensive support on various matters in the financial sector and financial technology market. The team’s expertise covers issues ranging from transaction support, tax assistance, and legal advisory to assistance with the implementation of new IT solutions. The team also provides comprehensive legal support in the issuance of digital financial assets (DFAs) and participates in the development of legislation related to the issuance of DFAs by a special purpose financial vehicle.
The team specializes in providing services in the financial institutions and fintech sector — both in dispute resolution and across various operational aspects. Among the practice’s clients are flagship institutions of the Russian banking sector, systemically important companies for the Russian IT market, market leaders, and state-owned entities.
Selected Experience
we advised:
state registration of a bank and obtaining a banking license, including preparation of internal corporate documentation for the establishment of a legal entity, preparation of an application for bank registration and issuance of a banking license, as well as all annexes thereto, discussion with the client of the bank’s business plan and operational limitations due to obtaining a basic license;
a systemically important Russian bank at all stages of a comprehensive financing transaction using bonds issued by a special purpose financial vehicle (SPV), from structuring the financing to agreeing on loan terms between the SPV and the end borrower;
structuring of an investment fund, including a comprehensive analysis of legislation and practices of various investment structures, assessing the advantages and disadvantages of establishing a model under different legal frameworks;