Financial Services Regulatory

We are recognised for our strong financial services regulatory practice. We are the legal service provider of choice for many local and international banks and other financial service providers for regulatory advice related to the introduction of new services or reorganisation of activities. We also advise major financial institutions on regulatory aspects of M&A transactions.

COBALT offers the full range of regulatory services, including:

  • Licencing and registration of regulated financial institutions
  • Regulatory compliance
  • Regulatory due diligence 
  • Anti-money laundering compliance 
  • Representation of clients before financial service regulators
  • Handling of regulatory formalities in the acquisition of holdings in regulated financial instruments 
  • Drafting of financial institution and service policies and procedures
  • Representation of clients’ interests in legislative drafting
  • Advice on impact of directly applicable EU financial institutions and financial services legislation

Over the course of many years, we have developed a strong network with key institutions in the field, including local stock exchanges, financial supervision authorities, and other regulatory bodies. Our regulatory team regularly advises global and multinational financial institutions about the legal aspects of legal, regulatory and AML matters in relation to the cross-border provision of financial services in the Baltic States.

With the recent boom in non-banking consumer lending in the Baltics, COBALT’s legal team has developed first-hand experience in relevant regulation and compliance issues, including crowd funding, crowd lending and other innovative financing techniques.