DEPARTMENT PROFILE

Hassans

FinTech Legal

3 ranked individuals

Band 1

Gibraltar

FinTech 2022 View ranking table

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Ranked Individuals

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What the team is known for

Hassans is a greatly respected player in the Gibraltarian FinTech community and displays significant expertise in handling mandates concerning the regulatory implications of distributed ledger technology, blockchain and cryptocurrencies. The firm also has substantial capability in data protection.

Strengths

"They have excellent coordination, teamwork and expertise in the FinTech regulatory framework of Gibraltar," says a source.

Work highlights

Advised INX Limited, a Gibraltar private limited company, on its security token offering.

Notable practitioners

Aaron Payas is a funds and FinTech partner at Hassans, specialising in crypto and tokenised products from funds and asset tokenisation to cryptocurrencies and financial products that utilise distributed ledger technology. A local commentator says that Payas is "very involved on the funds side."

Anthony Provasoli co-leads the FinTech team. He has a superb reputation for his expertise in handling a variety of issues in the FinTech sector and he is regularly consulted by regulators and government officials for advice on policy design. Provasoli is notable for advising on blockchain and cryptocurrency matters and is an active member of the Gibraltar Association of New Technology. "I was impressed by the quality of service provided by Anthony," says an interviewee, adding: "He has demonstrated high professional standards and high expertise in the FinTech regulatory framework in Gibraltar."

Vikram Nagrani co-leads the firm's FinTech practice. He is a respected voice in the Gibraltarian FinTech community and has supported Gibraltar's authorities in developing the framework for regulating DLT and tokens.

Department Information

This content is provided by Hassans.

Overview

The Hassans’ FinTech team consists of 12 experienced fintech lawyers and practitioners (four of whom are partners) plus one consultant, spanning a range of complementary disciplines, co-led by Partners Anthony Provasoli and Vikram Nagrani.

In addition to regulatory advice and assistance in obtaining the DLT licence, we are able to advise on:

Company formation and management
Tax (relating to the corporate structure, beneficial owners and/or employees)
Property and employment matters
Litigation/arbitration
Private client

The Gibraltar FinTech industry continues to attract both major players and nimble new start-ups from around the world due to:

A corporate tax rate of just 12.5%, no capital gains, wealth, inheritance or withholding taxes, added tax incentives for High Net Worth Individuals.
An English-speaking country with a Mediterranean lifestyle, infrastructure built to British standards, consistently strong growth and solid economic indicators.
A business-friendly government with minimal red tape, a legal system based on English Common Law and a crypto-friendly banking system.
A solid reputation globally, home to some of the world’s biggest brands across multiple industries including finance, insurance and online gaming.

We advise and support a variety of enterprises, from young entrepreneurs and private investors to local companies and FTSE 100 multinationals. CEX.IO, Covesting, eToro and TokenMarket are just a few global brands who employ Hassans as their trusted advisors.