Projects

2024

Obtaining a conclusion from the Ministry of Economy of Ukraine on the extension of the currency control period

2022

Opening a personal account at OTP Bank (Hungary)

2020

Appeal the freezing order of Luxembourg Financial Intelligence

Publications

06/06/2024

New European AML/CFT rules: what's in the package?

24/07/2023

Anti Money Laundering Comparative Guide - article by Volodymyr Misechko for Mondaq

Banking and AML

We represent Ukrainian companies and private clients in their dealings with banks. We draft and review loan agreements, negotiate debt restructuring, defend clients in debt recovery disputes, and lift freezes on property and accounts.

For payment and financial institutions, including foreign ones, we prepare documents for registration and licensing with the National Bank of Ukraine. Where a client’s account is blocked or funds are frozen, we help them pass financial monitoring and recover the money, in Ukraine and abroad.

In 2015–2017, the international directory IFLR1000 listed Misechko & Partners among the recommended law firms in Ukraine for banking and finance.

Key contacts

Volodymyr Misechko, managing partner, attorney-at-law.

Services

Loans and debt

drafting and review of loan, pledge and mortgage agreements;
negotiations with banks on debt restructuring;
representation of lenders and borrowers in debt recovery disputes;
invalidation of loan and security agreements;
lifting freezes on real estate and accounts.

Payment and financial institutions

registration of payment system participants and licensing with the National Bank of Ukraine;
support for foreign payment institutions entering the Ukrainian market;
establishment, reorganisation and liquidation of financial institutions, payment institutions and FinTech companies;
representation before the regulator.

Bank accounts and financial monitoring

opening bank accounts in Ukraine for foreigners and foreign companies;
responses to bank requests on the source of funds and the substance of transactions;
unblocking accounts with banks and payment systems;
challenging a bank’s refusal to provide services;
internal AML policies, risk assessment and support during inspections.

Frozen funds and foreign banks

challenging decisions of financial intelligence units to freeze funds;
filing creditor claims and passing creditor compliance review in the liquidation of a foreign bank;
obtaining state-guaranteed compensation;
representation in foreign courts in confiscation proceedings;
opening accounts with foreign banks.

Selected matters

Advising the Polish payment institution Fenige on becoming a participant of an international payment system in Ukraine (2023).
Unblocking a client’s funds in the Paysera payment system (2022).
Passing creditor compliance review and receiving payments in the liquidation of ABLV Bank, AS (Latvia) (2021).
Defending a client before the Court of Economic Affairs of Latvia in confiscation proceedings during the liquidation of ABLV Bank (2021).
Advising Private Payment Institution Limited (Hong Kong) on Ukrainian law (2021).
Unblocking a client’s 200 000.00 EUR in the Revolut payment system (2020).
Representing a European client before the District Court of Luxembourg in a matter worth 8 500 000.00 EUR (2020).
Obtaining guaranteed compensation for clients in the liquidation of PNB Banka, AS (Latvia) (2020).
Representing a client in a bank’s claim to recover 4 500 000.00 UAH of loan debt.
Representing clients in a dispute with a bank over the invalidation of a loan agreement.
Opening a personal account with OTP Bank (Hungary).