Our Fintech Group comprises lawyers specializing in financial services, financial regulation, technology, e-commerce, commercial contracts, data protection, cyber-security and tax. Our cross-departmental approach provides practical and innovative solutions to our clients drawing on multiple perspectives.
Authorisation of electronic money institutions (EMIs) and payment institutions (PIs)
William Fry has acted for 30% of firms which have successfully secured authorisation as an EMI to date in Ireland on their applications. We have unrivalled experience in securing authorisation of EMIs and PIs and registration of AISPs and PISPs in Ireland quickly and efficiently.
Fintech M&A / fundraisings
Members of the team from William Fry's leading M&A practice regularly advise buyers, sellers and targets on mergers and acquisitions transactions and fundraisings involving Fintechs.
Outsourcing and Cloud Services
We have particular strength in advising on and negotiating external and intra-group outsourcing arrangements including cloud services involving Fintechs and technology vendors both from a commercial contracts perspective and from a regulatory perspective.
Cybersecurity
Our Fintech Group can assist companies in meeting their IT and cybersecurity regulatory requirements by providing cybersecurity training from a regulatory and operational perspective; providing a 24/7 breach management and incident response service (contact us at cybersecurity@williamfry.com); advising on GDPR aspects of cyber security incidents and mandatory data security breach reporting to regulators; and reviewing or drafting IT security and cybersecurity policies.
Open Banking
We work with banks, AISPs and PISPs in navigating the regulatory requirements on Open Banking.
Blockchain, distributed ledger technology and cryptocurrency
Our Fintech Group advises governmental authorities and firms on the evolving landscape of regulation of blockchain, distributed ledger technology and cryptocurrencies under Irish law. On the technology side, we advise some of the global leaders in the blockchain space.
Data Protection/GDPR Compliance
We advise on data protection/GDPR compliance including data protection policies and notices, international data transfers, record retention policies, vendor management, data breaches and regulatory audits/investigations into data protection compliance and data protection enforcement.
Regulatory enforcement
We provides advice and assistance to regulated Fintechs on regulatory enforcement action and investigations by all relevant regulatory authorities.
Tax structuring
Our Tax team members advise on tax structuring and tax planning for Fintech firms and management.