Establishment and organization of activities of financial institutions

We support the establishment, structuring and launch of financial institutions in Ukraine — from choosing the optimal business model to obtaining the necessary licences and approvals and setting up internal processes in line with the requirements of financial regulation.

Our support covers the legal analysis of the business model, preparation of the corporate structure, development of internal regulations, policies and procedures, licensing support, opening of bank accounts, KYC / AML procedures, as well as the organisation of the corporate governance, internal control, compliance, risk management and reporting systems.

GOLAW helps financial companies, payment institutions, fintech businesses, investors and other participants in the financial market launch their activities in a lawful, transparent and operationally resilient manner.

What we do

• Advise on choosing the optimal financial institution model
• Support the establishment of financial companies, payment institutions and other participants in the financial market
• Analyse the regulatory requirements for the planned activities
• Structure the corporate model, ownership structure and governance
• Support obtaining licences, permits, registrations and approvals
• Prepare documents for submission to the regulator
• Advise on the requirements for managers, holders of qualifying holdings and business reputation
• Develop internal regulations, policies, rules and procedures
• Set up the corporate governance, internal control and risk management system
• Support AML / KYC, financial monitoring and compliance matters
• Assist with opening bank accounts and completing banking procedures
• Advise on reporting and maintaining compliance with regulatory requirements
• Support the launch of new financial products and services
• Provide ongoing legal advice after the start of operations