Krzysztof Wojdyło
New and planned regulation of investment crowdfunding
16.04.2015
banking & finance, new technologies
New regulations and interpretations will soon have an impact on equity- and debt-based crowdfunding business models.
New road tolls
19.02.2015
new technologies, payment services
Over the next few months, a legal regime may come into existence in Poland for providing new types of toll collection and settlement services.
Legal position of crowdfunding platforms
30.10.2014
banking & finance, new technologies
Operators of crowdfunding platforms must consider numerous potentially applicable regulations, governing such matters as electronic services, payment services, money laundering, securities trading, foreign exchange and banking.
Subparticipation in Poland: Legal and tax aspects
20.10.2014
banking & finance, tax
Amendments to the Corporate Income Tax Act which went into effect on 1 January 2014 provide an opportunity to revive the practice of subparticipation in lending in Poland.
It is illegal to create virtual currencies without a licence?
14.08.2014
new technologies, payment services
The process of creating virtual currencies depends on the model used for the currency. In some instances it is a centralised process, where it is easy to identify the entity responsible for creation of the currency. In other cases, it is a decentralised process, in which various—often anonymous—users of the decentralised system may be involved in creation of the currency.
Smart contracts: An approaching legal revolution
17.07.2014
new technologies
One of the possible applications of the Bitcoin protocol is smart contracts—legal relationships created, monitored and enforced automatically using the Bitcoin protocol.
Assignment of receivables as a restructuring tool: A case study
29.05.2014
banking & finance, insolvency and restructuring
Debt restructuring may be approached using solutions involving an assignment of receivables. In practice, depending on the particular factual situation, assignment may offer an attractive alternative to more traditional restructuring methods.
A troublesome privilege
20.06.2013
banking & finance, project
Parliamentarians seek to strip banks of the opportunity to use bank writs of execution while awarding a comparable privilege to credit unions.
An aircraft as the subject of a registered pledge
14.02.2013
aviation
Transactions involving aircraft typically require that security be established in favour of the financing parties. Due to the small number of such transactions, this issue is still not well-known in Poland.
The future of securitisation
24.01.2013
banking & finance, capital markets
The recommendations published recently by the Financial Stability Board may result in more rigorous regulation of securitisation transactions.
Selected issues under proposed amendments to the Payment Services Act
16.02.2012
project, payment services
Although the Payment Services Act has been in force only a short time, there are already plans to revamp it.
Payment service providers
20.10.2011
new provisions, payment services
The Payment Services Act provides a fixed list of types of suppliers of payment services and specifies the range of permissible activity by particular categories of payment service providers.