Legal assistance to capital and financial market entities has been one of the core activities of our Firm since its inception. As part of our capital and financial market practice, our team provides services to any entities operating on these markets, in particular investment fund companies, depositories, investment firms, investment fund portfolio managers, AIF managers, public companies, and bond issuers.

As part of our capital and financial market law practice, our team provides comprehensive legal assistance, including:

• Establishing supervised entities and obtaining appropriate authorisations;
• Participating in the development of product offerings, including the establishment of investment funds, commencing new business lines;
• Advice on legal compliance of business activities and in relations with supervisory authorities;
• Transaction consultancy;
• Disputes in capital market law.

Our lawyers are among the market leaders in the area of investment fund law – in addition to comprehensive legal advice in this area, they provide expert advice at numerous conferences and seminars and – last but not least – have participated in legislative work on the investment fund act.

Examples of typical activities successfully performed by us:

• Obtaining, on behalf of our clients, several permits for activities of an investment fund company (4 of the last 5 permits issued by the Polish Financial Supervision Authority);
• Legal services related to the establishment of several hundred investment funds, including open-ended investment funds, open-ended specialist investment funds, closed-ended public and non-public investment funds;
• Legal services related to the establishment of several AIF managers;
• Elaboration of a depositary contract market standard;
• Legal services related to the establishment of several Luxembourg alternative investment funds and marketing coordination of such funds in Poland;
• Notification of cross-border activity of an investment fund company in the Grand Duchy of Luxembourg in the area of management of alternative investment funds;
• Notification of cross-border activity of Polish investment firms in the Grand Duchy of Luxembourg;
• Acting as a representative of foreign funds in Poland for one of the largest asset management institutions in the world,
• Legal assistance for the development of a capital product operation concept as part of the JEREMIE initiative;
• Acting as a legal adviser in introducing, to the regulated market of the Warsaw Stock Exchange, shares of the first investment fund company in the history of this exchange;Should you have any questions or think if we can help you select the best solution, please do not hesitate to contact our dedicated specialists at MSD.