The Area of Capital and Financial Market

Providing legal services to entities of the capital and financial market is one of the core business areas of our law firm since its establishment. Our lawyers are among the market leaders in the area of investment funds law – apart from a comprehensive legal advice in this area, they participate as expert speakers at numerous conferences and seminars, they also took active part in legislative work concerning the Act on Investment Funds.

Our range of services in the area of ​​the capital and financial market is the following:

  • Advisory services in the establishment and operation of entities of the capital and financial market 
    • representation in proceedings for obtaining consents of the Polish Financial Supervision Authority for the establishment or conducting business activity by entities of the capital market (investment fund management companies and investment funds, investment companies, including brokerage houses, "distributors of units" and others)
    • legal support in the commencement of cross-border operation or in the formation of a branch, by Polish and foreign entities of the capital market
    • legal support in the creation of employee pension schemes
  • Ongoing legal service of the capital and financial market entities
    • drawing up internal regulations of capital market entities, including investment fund management companies, investment companies and others
    • supporting entities of the capital and financial market in the internal control and compliance of the activity with the law
    • legal services to public companies in the scope of investor relations
    • supporting foreign funds in setting up business activity on the territory of the Republic of Poland, including acting as a representative of foreign funds
    • legal services to entities of capital and financial market in all aspects of current operation
  • Transactions support
    • legal and advisory services in transactions with capital and financial market entities
    • legal support in the creation of investment funds and legal structures with investment funds dedicated to private investors
    • legal support to entities of the capital and financial market in transactions performed as part of their activity (e.g. agreements based on ISDA standard, brokerage and distribution agreements, with the participation of brokers and foreign distributors, etc.)
  • Advisory services in the issuance of financial instruments
    • legal support in the admission of companies’ shares to trading on the regulated market, including drawing up information documents, in particular prospectus
    • legal support in the scope of non-public issue of securities
    • comprehensive legal services in the issue of corporate bonds

Expertise overview:

  • providing legal advisory services in the initial public offering of shares of the investment fund management company on the regulated market of Warsaw Stock Exchange, for the first time in the history of this institution
  • providing legal advisory services at the introduction on the New Connect market of the first and the biggest institution in Poland which offers the “reverse mortgage”
  • acting as a representative of foreign funds, on the territory of the Republic of Poland, of one of the largest asset management institutions in the world
  • legal support in the establishment of the first Polish fund investing in works of art
  • legal assistance and representation of the investment funds management company before the Polish Financial Supervision Authority during the establishment of the first master - feeder structure in Poland on the basis of open-end investment funds and a specialised open-end investment fund
  • participation in the legislative process concerning amendments to the Act on Investment Funds
  • legal support in developing the concept of functioning of the equity product within the framework of the JEREMIE initiative
  • creation of Luxembourg specialised investment funds for HNWI (High Net Worth Individuals)
  • legal support in the project concerning the creation of whitelabel  type of investment fund for one of the world's largest asset management companies;
  • the notification of cross-border operation of Polish brokerage house in the Grand Duchy of Luxembourg
  • comprehensive legal support in the implementation of the risk management system in investment fund management companies
  • legal support and representation of applicants before the Polish Financial Supervision Authority regarding a number of proceedings to issue the authorisation for an investment fund management company to conduct its operations or to extend the scope of its activity
  • legal support in the scope of notifications on territory of the Republic of Poland of one of the largest financial institutions in the area of asset management
  • legal support in the area of distribution of foreign funds on the Polish market
  • legal support in the creation of approximately 90 investment funds which currently operate on the Polish market, including securitisation funds, which invest directly or indirectly on the real estate market, VC or PE;
  • taking over the management of an investment fund and its transformation into a sub-fund of an existing specialist open-end investment fund
  • legal support and representation of a number of applicants before the Polish Financial Supervision Authority regarding the proceedings to issue an authorisation to conduct the activity in intermediation in sale and redemption of investment funds units of investment fund management companies; legal support and representation of applicants before the Polish Financial Supervision Authority regarding the proceedings to issue authorisation to manage portfolios of securitised debts

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Practice coordination