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DLK Legal Helps Kardynal&Kardynal Obtain Payment Institution License in Poland

DLK Legal Helps Kardynal&Kardynal Obtain Payment Institution License in Poland

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DLK Legal has helped Kardynal&Kardynal obtain a license from the Polish Financial Supervision Authority to provide payment initiation services and account information services as a payment institution. 

Kardynal&Kardynal is an accounting and bookkeeping company. According to DLK Legal, “the company intends to use PIS and AIS services to provide its customers with the top innovative accounting solutions.”

According to DLK Legal Partner Krzysztof Korus, “this is the first time a payment institution license has been obtained in Poland to cover only PIS and AIS services. This confirms that the value of open banking extends to business models from outside of the core of the financial industry. This always is a challenge, though, since it requires the fulfillment of a number of formal requirements of a 'full' payment institution license, while the business potential of [third party provider] services is truly immense.”

DLK Legal’s team included Partner Krzystof Korus, Attorneys Bartosz Wyzykowski and Szymon Zych, and Trainees Bartosz Gauza, Aleksandra Ksiezak, and Mikolaj Ceglowski.

Poland Knowledge Partner

Penteris is a law firm combining in-depth expertise, robust advice, and a pan-regional reach.

We provide full-service business law advice within five sector lines: Energy & natural resources, Financial institutions, Private equity, Real estate, and Retail.

On the market since 2001, we were originally part of a Scandinavian law firm and then a founding office of a pan-Baltic organisation.

Our attorneys will work closely with you, providing you with the hard skills, service-minded know-how, and legal expertise that will keep you secure while you lead the market.

Our skills are at your disposal:

  • Expertise and passion wrapped up in a personal service
  • Close-knit team providing a multidisciplinary approach
  • Ability to listen, understand, and deliver for the tangible benefit of the client.

The team continues to be internationally recognised year on year, most recently by Chambers Global 2020, Chambers Europe 2020, and The Legal 500 EMEA 2020.

Firm's website: https://penteris.com

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