The financial sector is changing, allowing new players to enter a sector that until now was led by “a few” leading to new concepts such as “open banking” and following a clear trend towards digitization.
Different regulations have emerged at European level with their corresponding adaptation by the Member States.
The regulations establish requirements that in some cases may lead to the need to obtain a license from the CNMV or Bank of Spain.
We can highlight, for its impact on the fintech sector, among other:
- Law on the Promotion of Business Financing.
- Real Decreto-ley 19/2018, of 23 November, on payment services and other urgent financial measures. -> PSD2
- MIFID II.
How do we work?
Legal feasibility report
I have a good idea, but I don’t know if I can have legal problems.
Support for the completion of all formalities and relations with the competent authority.
How I make my idea come true if I already know that I can carry it out in legal terms.
Recurring advice
My fintech company is already underway, but I want a lawyer to keep a monthly follow-up.
