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).

See an advanced list of services in Technology

Projects

Bank BelVEB
Advising the company from the Bank BelVEB Banking Holding on the launch of the online investment platform FINSTORE.BY.

Open Line
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. 

Merkeleon e. U.
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.

Virtuality Park
Advising Virtuality Park, operator of one of the Europe’s largest amusement parks Teleport AR, 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.

My Power Farm
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.

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

More projects

Sergey BruiCo-Founder of Vizor Games

Sergey Bruy
Co-Founder of Vizor Games

Vizor team would like to express its gratitude to the law firm Aleinikov&Partners for legal support of Vizor Interactive projects. It is quite difficult to find lawyers with an excellent understanding of technologies. Lawyers of "Aleinikov and Partners" are those with whom you can speak the same language. Taking into account the timesaving you can achieve with that, such quality cannot be overemphasized. The law firm "Aleinikov and Partners" can be recommended to IT businesses, which need a modern, flexible and professional team.

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.

Maxim MarinichMarketplace manager at Deal.by

Maxim Marinich
Marketplace manager at Deal.by

Aleinikov&Partners law firm perfectly coped with negotiation on solving of controversial situation with the former operator of Deal.by platform. We are absolutely satisfied with both the process and the result. There is no doubt that the сooperation with Aleinikov & Partners is the case when any business-critical issues can be effectively solved by external consultants. There are no ‘’one-size-fits-all” approach to the problem solving for lawyers of Aleinikov&Partners, because their work is always based on the clients’ specific needs and they do everything possible to respond to these needs.

A&P advised Open Line on Issuance of Blockchain Bonds

Aleinikov & Partners advised Open Line, a Minsk-based leasing company, on issuance of blockchain bonds. Token sale is going to be conducted on the FINSTORE.BY investment platform, which is operated by a subsidiary company of Belvnesheconombank (Bank BelVEB)

BELARUSBANK

Aleinikov&Partners advised BELARUSBANK on the issue of financing of procurement of electrical trains produced by Stadler Bussnang AG for Belarusian Railways.

Aleinikov&Partners advised on Melesta Games – Wargaming deal

Aleinikov&Partners finalized the transaction between the law firm's Client, renown Belarusian mobile games developer Melesta Games and Wargaming, the developer of extremely popular World of Tanks. As a result of the last four months of hard work a strategic cooperation contract between two companies was signed.