You will be redirected to the website of our parent company, Schönherr Rechtsanwälte GmbH : www.schoenherr.eu
"excellent know-how of all aspects of banking and finance law including regulatory matters"
Legal 500
The banking and financial services industry is subject to increasingly complex regulation. Schoenherr advises on the full spectrum of regulatory aspects, including compliance, risk management, enforcement and transactions in the financial services industry.
Our dedicated cross-disciplinary and cross-office teams combine expertise in non-contentious as well as contentious regulatory matters, advising domestic and international credit institutions, investment firms, asset managers, payment firms, FinTechs, insurance companies as well as market infrastructure providers and trading platforms on all aspects of their business.
10 July 2024
K.Tupá M.Svoboda O.Havlíček K.Hlavinková W.Kapica V.Das Alexeev
to the point: financial regulation | 06/2024
Welcome to our to the point newsletter. Every month, we are looking back at the most relevant developments in the area of financial regulation in the CEE region.
The EU's new Payments Services Package
The European Union (EU) is updating its regulatory framework governing payment services by introducing the "Payments Services Package". In June 2023, the European Commission published a set of legislative proposals designed to modernise and enhance the digital financial landscape within the EU.
Poland: Schoenherr advises ERGO in EUR 90m refinancing for Vantage Group
Schoenherr, acting as Polish counsel, advised ERGO Vorsorge Lebensversicherung AG and DKV Deutsche Krankenversicherung AG in providing EUR 90m to Vantage Group, part of TAG Immobilien, to refinance its rental housing portfolio in Poland. Ashurst provided counsel on the German law-governed loan agreement. The financing supports over 2,500 existing rental units and 1,200 units under construction, underlining Vantage's high market potential.
"For banking M&A transactions, they have a high degree of regulatory sophistication."
Chambers
Our banking & financial services regulatory team works on complex matters across CEE.