We refer to the financial sector not only the activities of participants of the classic banking market, but also the activities of various types of financial companies that provide the most diverse services from lending, franchising and leasing to insurance and payment services.
This area has also undergone significant changes in legal regulation in recent years. For many financial companies, the regulator, which became the National Bank of Ukraine, has changed. Every financial company managed to experience a radical change in approaches in the actions of the new regulator, including its active work in the field of legislative initiative and rule-making.
The new rules for preventing and combating the legalization (laundering) of proceeds of crime, the financing of terrorism and the financing of the proliferation of weapons of mass destruction and their implementation, in our opinion, have already significantly changed the order of provision and consumption of services and will continue to influence the market of financial services and further .
Novelties can also be considered legal regulation of collection activities, attempts to regulate the cryptocurrency market, and strengthening of control by the National Bank over the circulation and use of personal data.
When providing legal assistance and legal services in the financial sector, we have tremendous experience in protecting both the rights and interests of financial institutions and their clients, which allows us to see clients’ problems in depth and comprehensively.
And although most financial institutions, as a rule, have quite powerful departments of in-house lawyers, our experience proves that we manage to solve a certain range of issues more qualitatively and effectively, which happens for various reasons – lack of time, lack of narrow experience, lack of motivation of full-time employees etc).
In addition to the above, it should be noted that we have also achieved significant results in the protection of clients-consumers of financial services, in matters of settlement of overdue debt, collection of insurance payments, claim of property from illegal possession and many others.
