Provided by Schoenherr
Schoenherr is an international law firm with a long track record in financial services regulation and a clear focus on innovation in Austria and across CEE. Its Vienna based FinTech team is built around one of the most experienced financial regulatory practices in the market and works with banks, investment firms, asset managers, payment and e money institutions, insurers, market infrastructure providers, virtual asset service providers and technology driven start ups. The team often joins projects at a very early stage, helping clients turn ideas for new products and platforms into business models that are capable of passing regulatory compliance and cross-border expansion.
At the point where finance, technology and regulation meet, the team regularly advises on licensing and structuring of digital business models, including payment and e money set ups, crypto and token based services, embedded finance and platform solutions. The practice guides clients through key EU and Austrian regulatory frameworks such as PSD2, MiCA, DORA and the AI Act, and supports them on outsourcing and cloud compliance strategies, operational resilience and cybersecurity, AML and sanctions, product governance and consumer protection, data and privacy, and conduct of business rules. Close monitoring of evolving regulatory and supervisory developments allows the team to flag issues early and to build them into product design, documentation and internal processes.
Provided by Chambers
Schönherr advises a range of FinTech clients on regulatory matters. The firm's clients includes virtual asset service providers, banks and payment service providers, among many others.
Matthias Pressler is a key contact.
Provided by Chambers
The Schönherr team is always available, have very quick comprehension and have an excellent problem-solving mindset.
The Schönherr team is always available, have very quick comprehension and have an excellent problem-solving mindset.