The FinTech sector is currently one of the most dynamic and regulated areas of the financial market. Progressive digitization, constant innovation, the development of blockchain, the expansion of crypto assets, and the implementation of EU regulations such as DORA, MiCA, and PSD3 mean that companies in the financial and technology sectors are facing ever greater challenges. KWKR understands the needs of companies and has been advising entities operating at the intersection of finance and technology for many years. We support our clients in their day-to-day operations as well as in projects of strategic importance for their further development in the FinTech sector.
We provide comprehensive legal advice – both regulatory and transactional – to companies operating in the FinTech sector, including payment service providers, lending institutions, e-commerce platform operators, and startups developing products based on blockchain technology or artificial intelligence. We support our clients in ensuring compliance with key regulations such as DORA, MiCA, PSD2, PSD3, as well as draft legislation such as the AI Act. We support both supervised financial institutions and technology companies providing services to the banking, investment, and payment sectors.
We provide legal support in regulatory audits, analysis of compliance with supervisory guidelines (KNF, EBA, ESMA), preparation of outsourcing agreements (including in the SaaS cloud model), GDPR and AML documentation, as well as representation before the Polish Financial Supervision Authority. We help our clients implement effective risk management and cybersecurity mechanisms in line with the recommendations of the Digital Operational Resilience Act. We advise on licensing and registration processes, including for payment institutions and small payment institutions.
Our experience in the FinTech industry is not only knowledge of regulations and guidelines, but above all an understanding of the specifics of the financial sector and supervisory practices. KWKR has advised on the implementation of the LiveBank Cloud platform for ING Bank Śląski and the Operator Chmury Krajowej (OChK), supported the negotiation of international implementation agreements with Citibank in 16 countries, and provided comprehensive services to an Asian digital payment system operator.
We also carry out projects related to the implementation of AI in financial institutions, support lending institutions in compliance with the anti-usury law, and assist payment institutions in preparing for changes resulting from PSD3, PSR and FIDA. We have conducted numerous DORA compliance audits and training courses on operational and digital risk management. As a law firm that combines technological expertise with in-depth knowledge of financial law and personal data protection, we are ready to advise you on even the most complex regulatory projects.
Choosing KWKR guarantees that you will receive advice that takes into account both current regulations and upcoming legal changes, both local and EU. Our team of attorneys and legal advisors closely follows the work of the European Commission, the guidelines of the Polish Financial Supervision Authority (KNF), and the recommendations of the EBA and ESMA. This enables us to recommend measures early on to effectively manage regulatory risk and maintain compliance with the rapidly changing legal environment.
By working with us, you gain not only support in implementing regulations such as MiCA, DORA, and AML, but also a real competitive advantage in the financial services market. We create tailor-made solutions – whether you are a tech start-up, a large banking institution or an entity operating at the intersection of finance and e-commerce. Our approach combines knowledge of the financial market with practical expertise in technology, including cloud computing, payment systems, digital privacy and blockchain-based investment tools.
The FinTech sector is the focus of attention of regulators – both at the national (KNF) and EU (EBA, ESMA, European Commission) levels. New legislation, such as the DORA regulation (on digital resilience of financial entities), MiCA (regulation of the crypto-asset market) and planned changes resulting from PSD3, PSR and the AI Act, will be of significant importance for the activities of any entity providing or servicing financial services in digital form.
The need to ensure compliance with these regulations, while developing innovative products and services, poses significant challenges for companies in terms of data protection, risk management, information security, and regulatory responsibility. Requirements for audits, internal procedures, outsourcing agreements and notifications to the supervisory authority (KNF) will require not only knowledge of the law, but also experience in its practical application in the context of specific technological solutions.
That is why it is worth working with a law firm that understands both the financial and digital sectors and can advise you so that regulations are not an obstacle but a tool for further development and expansion.
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