Warsaw Perspectives Series: The most recent challenges concerning liability of members of the management board and supervisory board of financial institutions (October 2021)
The risk of personal liability is a source of increasing worry for the members of management boards and supervisory boards, among other things because of new or planned legal regulations and also because of the increasing activity of the enforcement authorities and regulatory bodies. During the webinar, we discussed the latest trends and war stories in this regard.
Warsaw Perspectives Series: Synthetic securitisation (May 2022)
The Polish banking community seems to be exploring the use of synthetic securitisation as a tool for managing credit risk and regulatory capital requirements. What are the different types of synthetic securitisation commonly seen in Europe? Who are the protection providers, and what are the benefits for protection takers?
Warsaw Perspectives Series: Legal, regulatory and product challenges in insurance in light of cybersecurity and new technologies (April 2022)
IT systems, AI, machine learning or tools analysing data collections are solutions now commonly used by companies in the insurance sector but are also sources of risk. Insurance companies and distributors are exposed to the regulatory risk associated with the creation and distribution of insurance products, and their clients to cyber risk and the risk associated with technological service providers. During the meeting, we discussed how to take advantage of the benefits of technology in a way that is effective and safe for both clients and firms offering services based on innovative solutions.
Warsaw Perspectives Series: Trends on the renewable energy sources finance market since the auction system came into force (February 2022)
At this seminar, we discussed the principal trends on the renewable energy sources financing market since the auction system case into force. We concentrate on specific terms, such as the settlement reserve account and the conditions of disbursement of funds from the account, cash sweep and true-up mechanisms, the changing attitude of institutions with regard to the acceptance of merchant nose and merchant tail, and levels of financial indicators. We also discussed the increasingly advanced financing structures involving both banking institutions outside Poland and non-banking institutions.
Warsaw Perspectives Series: ESG trends on the bonds market (January 2022)
This seminar focused on green bonds and ESG bonds. We examined the rules of issuing instruments of this type on both European and Polish markets. We also examined selected case studies and analyse current market trends.
Warsaw Perspectives Series: Central bank digital currency (CBDC) and stablecoins – is a revolution on financial markets and in payment services approaching? (December 2021)
This seminar briefly reviewed new solutions being implemented on the one hand by central banks, governments and international organisations with regard to CBDC and, on the other hand, by the private sector with regard to the various types of payment instruments that are an alternative to money. Such solutions could have a fundamental impact on global and local financial markets, posing unprecedented legal, regulatory and economic challenges.
Warsaw Perspectives Series: The replacement of WIBOR – possible form and consequences. What do we know today? (June 2022)
A bill on crowdfunding for business ventures and assistance to borrowers has been submitted to the Sejm (lower chamber of the Polish Parliament). It contains, among other things, a proposed procedure for replacing WIBOR and introducing an alternative benchmark. During this webinar, experts discussed what the process of replacing WIBOR will look like and whether it will comply with the BMR Regulation; how the elimination of WIBOR will affect existing contracts; the case law of the CJEU on variable interest rate clauses and benchmarks; and to what extent the current case law in cases concerning CHF-indexed loans may apply to analogous claims on the part of Zloty mortgage borrowers, and how to defend against this.