Financial Services & Regulation Experience

Recent financial regulation experience includes:

• Facilitating a leading Finnish financial services group on supervisory and regulatory issues, products and other day to day issues.

  Assisting Svenska Handelsbanken, an impressive full-range Sweden based bank, on entering the Baltic markets including regulatory establishment issues and product advice.

  Counselling LHV Pank, an innovative bank based on Estonian capital, on converting its investment firm business into an Estonian commercial bank and passporting this to other Baltic States.

  Advising a major commercial bank based in Ireland on acquisition of the mortgage finance business of AmCredit in the Baltics from the Baltic-American Enterprise Fund plus establishing its operations in the Baltics.

  Advising NASDAQ OMX Vilnius, Lithuania's sole regulated exchange operator, on financial regulation requirements including creation of common Baltic and alternative market structures and legal issues, implementation of MiFID requirements plus other changes to listing, membership and trading rules and enabling trading of special products on the regulated market in Lithuania.

  Representing NASDAQ OMX Riga, the only regulated secondary securities market in Latvia, and the Latvian Central Depository, the leading securities market infrastructure operators in Latvia, on administrative procedures for application of Latvian securities market regulations by local issuers and appearing for them on appeal against a decision of the Latvian financial market supervisor.

  Advising ABN AMRO Bank, an experienced Dutch bank headquartered in Amsterdam, on issues related to derivatives trading, including insolvency and enforcement.

  Providing full legal assistance to international banking group on in obtaining a management company license and establishing II and III pillar pension funds.

  Assisting a subsidiary of a leading commercial real estate investment firm in the Baltic Sea region on establishing a real estate fund management company and setting up a real estate fund in Estonia.

  Advising LHV Pank, an innovative bank based on Estonian capital, in reviewing general client agreements and margin trading agreements from the perspective of MiFID provisions and implementation acts. SORAINEN's review included drafting best execution provisions as well as checking the suitability and appropriateness of client investment services.

  Advising the Republic of Latvia on the bailout of Parex banka, the first government bailout in Latvia resulting from the global financial crisis.