The financial sector is traditionally one of the most regulated industries in the world, both nationally and internationally. The regulatory framework of the financial sector is constantly changing and evolving in response to e.g. market disruptions and political objectives. Financial sector entities such as banks, payment institutions, other payment service providers, fund management companies, alternative investment fund managers, investment firms, and insurance companies must continuously monitor regulations and identify the impacts of regulatory changes on their business. Compliance with regulations and maintaining a culture of compliance requires continuous activity from financial sector entities.
Our legal experts in the financial sector specialize particularly in financial regulation and the practical challenges of its implementation, offering deep understanding and practical solutions to both national and international requirements. Our experts have worked with financial sector companies of various sizes and types, from small startups to large multinational corporations. This diverse experience gives us a unique perspective and the ability to identify and solve legal challenges related to the specific characteristics of financial sector companies of various nature and size.
Our comprehensive services include, among others, the following:
- Financial Sector Regulation – Legal advice related to industry-specific and business-specific regulation, projects, investigations, contracts, etc. Our areas of expertise include, among others: credit institution operations (banking), payment services, investment services, fund management (fund management companies and alternative investment fund managers/AIFM, various fund types), crowdfunding, crypto-asset services, insurance company operations and insurance provision, consumer credits. We also serve Fintech operators in legal matters related to financial sector innovations.
- Registrations, licenses, and other regulatory notifications – Registration and licensing projects, notification/passporting of licenses and related procedures, license expansion or reduction, license termination, and other regulatory procedures.
- Fund establishment and fund structures – Planning and implementation of fund structures, registrations and licenses for fund management companies and alternative investment fund managers, fund establishment, etc.
- Contracts and contract negotiations related to the financial sector – Drafting and negotiating contracts related to the financial sector. For example, various customer agreements, distribution agreements, custody/custodian agreements, etc.
- Compliance services – Organizing and managing the compliance function on an outsourced basis (including partial outsourcing). Read more information on our compliance services >>
- Compliance monitoring, inspections, and Due Diligence – Monitoring, inspections, and Due Diligence (DD) related to specific topics or entities as one-time assignments.
- Anti-Money Laundering and Counter-Terrorist Financing (AML/CTF) – Advice related to regulation and practical process implementation, risk assessment and policy drafting, guidance on building and adhering to KYC processes, training, etc. Read more information on our AML/CFT services here >>
- Sanctions – Advice related to regulation and practical process implementation, sanctions risk assessment and related guidance, assistance in drafting policies and building sanctions monitoring, training, etc. Read more information on our services related to sanctions here >>
- Training – Training related to financial sector regulation as in-person training, webinars, or online training (eLearning). Read more information on our training services here >>
- Regulatory reviews – Continuous monitoring of regulations and written regulatory reviews including, among others, EU-level regulation, national legislation, guidelines from national and international authorities, announcements, and Q&As. Read more about our regulatory review services here >>
Contact our expert below or leave a contact request, and we will get in touch with you.
Emilia Lostedt, Hanna Huttunen, Katariina Pesonen, Erika Leinonen, Mikko Koskinen, Jesse Kinnaslampi, Elina Väärä, Lotta Koskela, and Rebecca Rafkin
