Law
Firm

Fintech

Legal support of the fintech businesses is constantly in the focus of Aleinikov & Partners. We are known for being involved in laying the legal foundation for the industry development in Belarus, and the leading international ratings recognize our lawyers’ fintech expertise as one of the country’s strongest.

Knowing both the technological nuances and the nature of financial instruments market allowed Aleinikov & Partners to successfully support the organization of the Belarus’ first platform aimed solely at creating debt instruments and its turnover based on DLT.

Often advising on “first of its kind” projects Aleinikov & Partners does everything possible so that clients can effectively take advantage of the new opportunities, that blockchain technology offers to business.

What we can help with:

  • Advising on the regulatory requirements for activities in the field of fintech;
  • Conducting a legal analysis of new financial products (services), planned for launch on the market;
  • Advising on the introduction of digital signs (tokens) in various economy sectors;
  • Supporting creation and operation of online investment platforms, including advising on the organization and compliance with КYC/AML procedures;
  • Conducting a legal examination of the digital signs (tokens) financial model;
  • Drafting (analysis) marketing and legally binding documents for the project implementation in the field of digital signs (tokens): White Paper declaration, Terms & Conditions, Token Sale Agreement, Privacy Policy, local regulatory legal acts;
  • Advising on the debt instruments issuance based on blockchain (blockchain bonds).

Go to "Technology" for the advanced list of services

Projects:

Advising a member-company of the Belvneshekonombank (BelVEB) banking holding on launching the online investment platform FINSTORE.BY More

Advising Open Line leasing company on the debt instruments issuance based on blockchain (blockchain bonds). Assisting with legally binding documents preparation: White Paper declaration, local regulatory legal acts in the field of risk management, conflict of interests, information security (cybersecurity) of the company activities. 

Assisting a Belarusian subsidiary of the Austrian company Merkeleon e. U. in applying for a status of HTP resident with a project in the field of software development using blockchain technology, assistance in preparing a business project and other documents, necessary for entering the HTP.

Advising Virtuality Park, one of the Europe’s largest amusement parks, on blockchain bonds issuance. Conducting a legal examination of the client’s blockchain bonds financial model, advising on the regulatory requirements for organizations, issuing debt instruments based on blockchain. Preparing the White Paper declaration, local regulatory legal acts on risk and conflict of interest management, as well as on the procedure for exercising internal control over the compliance of the client’s activities with the legislation. Work on this project was complicated by the fact that it was one of the first projects on the blockchain bonds issuance in Belarus. The client was preparing for the debt instruments issuance, when there was no uniform practice in interpreting and applying regulatory requirements for this type of activity.

Advising VEB Technologies, a subsidiary of Belvneshekonombank (BelVEB), on the legal structuring of a software development project in the field of fintech, as well as on applying for a status of HTP resident.

Advising My Power Farm on the implementation of a project, related to the creation and placement of digital signs (tokens) and green energy. Developing a comprehensive business modelö conducting a legal audit of the complex company's digital signs (tokens) financial model. As part of the support, we also advised the client on the regulatory requirements for the activities, carried out by the company, and also assisted the client in developing a business project for his registration as HTP resident.

Advising a Belarusian subsidiary of Recovia, a Swedish producer and seller of renewable power based on landfill gas, on blockchain bonds issuance.

Eric GundersenCEO of Mapbox

Eric Gundersen
CEO of Mapbox

We've been working with Aleinikov & Partners since 2016 and they've provided excellent service as Mapbox is quickly growing in Minsk. Definitely recommend Aleinikov & Partners to any other tech companies looking for local counsel in Belarus.

Vera ReshetinaCEO & Co-founder of CactusSoft

Vera Reshetina
CEO & Co-founder of Cactussoft

During the work, Aleinikov&Partners' specialists have demonstrated the competence in the intricacies of the Belarusian legislation and high involvement in the workflow. The main quality of the company's lawyers is an exceptional sense of responsibility for the decisions being made. Apparently, exactly for this reason the legal assistance provided by Aleinikov and Partners is of a high quality and always in accordance with international standards.

Alexander ChekanCEO of TUT.BY

Alexander Chekan
CEO of TUT.BY

The partners of A&P are always professional and responsive. I appreciate not only their superior quality of the services but also efforts they put into social initiatives including support of the startup ecosystem.

DEAL.BY sustained its interests in the Supreme Court of Belarus

Chamber for Commercial Disputes of the Supreme Court of the Republic of Belarus affirmed court decisions of first and appeals instances in the DEAL.BY cases.

Playrix invested in Belarusian studio Vizor Games

Playrix, one of the top 5 largest mobile developers in the world, has invested in the capital of the Belarusian studio Vizor Games. Aleinikov&Partners supported the deal.

M&A deal involving ASBISc Group was finalized

Aleinikov&Partners finalized M&A deal on 100& acquitision of a Belarusian goup of companies by ASBISc.