Banking and financial institutions
PROCTOR works with banks, finance companies, credit unions, payment institutions and fintech businesses. The legal work is built at the intersection of the regulatory requirements of the National Bank of Ukraine, credit relations, financial monitoring (AML) and the recovery of non-performing loans (NPL).
Why PROCTOR
The financial sector lives under the constant supervision of the regulator, and every compliance mistake converts into enforcement measures of the National Bank of Ukraine. PROCTOR supports licensing and approvals with the National Bank, builds AML systems, defends institutions during inspections and carries out systematic work with credit portfolios, from restructuring to the bankruptcy of debtors.
We speak the language of the regulator and the language of business at the same time, so our clients pass inspections without halting operations and obtain the decisions that the National Bank does grant.
Lines of work
- Regulatory support before the National BankLicensing, approval of the ownership structure and of managers, prudential ratios, enforcement measures of the regulator and challenging them.
- Credit portfolios and debt recoveryWork with NPLs: restructuring, enforcement against collateral, bankruptcy of debtors, sale of portfolios.
- Financial monitoringAML compliance, the risk-based approach, defence during financial monitoring inspections, unblocking of suspended transactions.
- Fintech and payment servicesAuthorisation of payment institutions, issue of electronic money, open banking, the contractual framework of payment products.
Practices for the industry
The teams of PROCTOR that run matters in this sector.
Banking and finance lawA practice for financial institutions and for businesses that raise finance: credit and security documentation, regulatory compliance with the National Bank of Ukraine, fintech and currency regulation. Positioned on the side of lenders and of the financial sector.
Corporate law and M&AThe flagship transactional practice: the legal foundation for owning, running and selling a business. It covers M&A deals, corporate structuring and the protection of owners' interests, together with adjacent areas - employment relations with staff and senior management, and the personal wealth matters of business owners (private clients).
Criminal law, compliance and sanctionsThe flagship business defence practice, built on the logic of "before, during and after a crisis": prevention of criminal law and sanctions risk (compliance), defence during searches, proceedings and investigations (White Collar Crime), and work on the consequences - from lifting asset freezes to delisting.
Dispute resolution and enforcementThe full cycle of protecting a client's interests in a dispute: national courts of every jurisdiction and instance, international commercial and investment arbitration and, above all, turning a judgment won into money actually recovered.
Restructuring and insolvencyA separate practice for insolvency crises, deliberately kept apart from banking to avoid the conflict of "creditor against debtor" built into it. We work on the side of debtors, of creditors and of investors buying assets out of insolvency.
Clients from the industry
