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DEPARTMENT PROFILE

Simont Braun

FinTech Legal

2 ranked individualsBand 1BelgiumFinTech 2022 View ranking table
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Ranked Individuals
chambers review
department information
Ranked Individuals

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What the team is known for

Simont Braun has a market-leading FinTech practice and is often the first port of call for payment companies and e-money institutions seeking a licence to operate in Belgium. The firm's digital finance team, formed in 2014, mixes lawyers from banking and finance, IPT and data protection to assist domestic and international clients in cutting-edge legal matters. The firm has founding members on the board of FinTech Belgium, a community of Belgian startups, and collaborates with local universities in running FinTech educational programmes.

Strengths

"Simont Braun has always been very active on the FinTech front. The firm continues to remain visible and publish often."

"The team was incredibly helpful and responsive. The client service is excellent."

Work highlights

The firm advised NewB on securing the granting of a licence as a credit institution, and also on various regulatory matters.

Notable practitioners

Joan Carette specialises in banking and finance, with a sector focus on payments, e-money and AML matters. Carette previously worked in the prudential supervision department at the CBFA. Her knowledge is described as "extensive" by appreciative clients, while peers recognise the value of her addition to the firm's FinTech practice.

Philippe de Prez has recently been promoted from counsel to partner. He is a financial regulatory lawyer and a founding member of the firm's digital finance team. De Prez is often involved in assisting foreign FinTech companies who wish to enter the Belgian market, be they financial institutions, investment firms, payment service providers or e-money issuers. One client notes: "He goes beyond expectations; his availability, even as a partner, is particularly impressive. My opinion of the firm is testament to him and his team."

Department Information

This content is provided by Simont Braun.

Overview

Simont Braun is the reference Fintech law firm in Belgium. Simont Braun's Digital Finance Team combines experience in financial services, tech and data protection as most projects require cross-practice legal analysis. The team is deeply integrated into the Belgian Financial Services & FinTech ecosystems and very well connected with the regulators and the academic world, both in Belgium and abroad.

Work samples

  • Handling the set-up and launch of a major challenger bank in Belgium digitally offering the full scale of financial services.
  • Advising payment services & e-money providers on regulatory matters, such as licence applications, implementation of new regulations, product marketing and AML/KYC client onboarding procedures.
  • Setting up crowdfunding platforms as well as the first alternative consumer lending platform in Belgium.
  • Assisting the first Belgian bank with an innovative sustainable and ethical model in securing the first new Belgian banking licence in decades.
  • Setting up the first digital ID product in Belgium used as a KYC & authentication solution in the public and financial sector.
  • Assisting InsurTech start-ups with the roll-out of different disruptive services.
  • Supporting foreign digital banks in launching new credit and payment products in Belgium.
    Assisting international leading (digital) money remitters and local e-invoicing platforms.
  • Advising the world’s largest social network on the regulatory status of the currencies used in their online games.

Members

Carette, Joan (Head of Department)

de Prez, Philippe (Head of Department)

Houssa, Catherine (Head of Department)

De Thaye, Charlotte

Derval, Thomas

Fleussu, Jorgen

Güler, Esra

Vercauteren, Jean-Christophe

Industries

Alternative lending

Automated investment

Cloud outsourcing

Digital bank

Micro savings

Payment Services

RegTech & InsurTech

Virtual currencies

FinTech Legal

Simont Braun

firm
Location

Avenue Louise 250/10

Brussels

Brussels Capital Region

Belgium

1050

View Firm Profile

Articles, Highlights and Press Releases

Total 3 Articles, Highlights and Press Releases

Ranked Individuals

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

Belgium

FinTech Legal


Joan Carette
Band 2
Philippe de Prez
Band 2