FinTech

Cederquist is a market-leading advisor in within FinTech, assisting clients across the Nordics with our multidisciplinary FinTech team. Our clients cover the full range of the FinTech ecosystem.

Utilizing deep knowledge in financial regulations, technology, data protection and information security and corporate law, we help our clients to navigate a fast-evolving legal and regulatory landscape. We offer holistic and business-oriented advice when e.g., developing new products or services, entering into new business partnerships, procuring or outsourcing of services, adopting business models to new regulations, raising financing or executing complex M&A transactions.

Experts within FinTech

As mentioned above, Cederquist’s FinTech offering is built on the combination of knowledge and experience from general financial regulatory matters as well as information technology, creating a strong offering that attracts a broad range of FinTech clients. Cederquist has a particularly strong track record in relation to the most complex and largest FinTech projects and clients, where our competences have been a key success factor.

Our work spans over the whole FinTech sphere, including:

• Payment and market infrastructure, including clearing and settlement arrangements
• Payment solutions
• Tokenization, including e-Wallets
• Financial information services, including account information services and credit reference services
• Insurance software and digitalization

Areas of Focus

• Digital Operational Resilience Act (DORA): we help clients meet the requirements of DORA, whether it is financial entities subject to DORA or third party ICT providers being subject to contractual obligations. By providing targeted and regulatory guidance, also from a business oriented perspective, we assist our clients in their establishment of ICT risk management frameworks, procurement of ICT services, and management of ICT third-party risks.
  
• Outsourcing: we assist clients in drafting and negotiating outsourcing agreements that meet regulatory requirements and business interests. Combining our broad expertise within financial regulations with our extensive experience of drafting and negotiating tech outsourcing agreements, we know how to address the relevant compliance aspects and risk management provisions while making sure that the agreement is adapted to capture the business rationale behind the outsourcing.
  
• Open Banking: we provide comprehensive legal support when navigating the complexities of open banking. We assist clients in aligning with regulatory requirements and  ensuring secure and compliant data sharing between financial institutions and third-party service providers. Our services include drafting and reviewing agreements, drafting terms and conditions and safeguarding data privacy, and developing robust risk management frameworks.
  
• Open Finance: we offer expert legal guidance on the emerging landscape of Open Finance. We help clients analyse the upcoming regulatory requirements on data sharing across a broad range of financial services. With our support, clients can leverage the potential opportunities of the new Open Finance framework, while maintaining full regulatory compliance and protecting their interests.
  
• AI: we offer legal expertise in relation to the AI act coupled with other regulatory requirements relevant to the provision and use of AI within the financial sector, such as in relation to DORA, GDPR and PSD2.