Chambers Review
Provided by Chambers
FinTech Legal - South Africa
What the Team is Known For
Werkmans Attorneys' team offers regulatory and contractual advice to FinTechs and financial institutions. Its experts are adept at navigating a wide range of issues within the digital space, advising clients regarding electronic banking platforms, cryptocurrency and the use of artificial intelligence.
Strengths
Werksmans demonstrates a nuanced understanding of blockchain infrastructure, cryptoasset classification and tokenised instruments. The team is highly responsive, collaborative and solution-oriented.
They have good soft skills. They are very empathetic to the environment we work within.
Work Highlights
Werksmans acted for Mesh on the issuance of 20,000 tokenised notes by the MOS Initiative on Mesh's blockchain-based platform. The firm also advised Pallidus Capital Proprietary as arranger and issuer company MOS Uitruiker on the general public notes offer.
Notable practitioners
Preeta Bhagattjee advises FinTech clients on IT and outsourcing issues. Her work also includes financial services regulatory advice and financing deals.
Preeta Bhagattjee is extremely experienced and extremely competent.
Preeta maintains a calm, solutions-oriented demeanour even under pressure, which fosters confidence and clarity in decision-making.
Preeta went beyond compliance to anticipate risks and opportunities, thereby adding tangible value. She has experience advising us on high-stakes, multi-jurisdictional or novel matters.