Financial Services
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Alexey T

International crypto and investment services attorney

About Me

I am a seasoned international lawyer with investment services, crypto and Web3 focus. I have years of experience leading legal teams of large CFD brokers and crypto firms, ensuring turn key transactional and regulatory legal support. In addition, I have a strong experience in managing privacy and data protection programmes in the EU. I offer turn-key solutions for crypto and financial services licensing, corporate/tax structuring both offshore and in the EU, banking and processing solutions, regulatory advisory and privacy/data protection advisory.

Jurisdiction

United Kingdom | Russia | Cyprus | Mauritius | Seychelles | United Arab Emirates | Bulgaria

Notable Employer

  • General Counsel at TradeTech Markets Group (subsidiary of Playtech PLC, an FTSE 250 company)
  • Head of Legal at Alpari/Forextime Group (Cyprus)
  • Vice President - Legal at Renaissance Capital

Experience

Seniority LevelExecutive
Years of Experience15-20 years
Current StatusActive
FounderFinSpace
2022 - Present

Capitalizing on my 17 years of experience in international finance, banking and cryptocurrency law, I act as external counsel and advisor for a number of clients, with my primary service areas including: - Turn-key management of license application process for crypto, PSP and financial (brokerage) services both in Europe (MICAR) and off-shore (especially Mauritius and Seychelles): drafting of entire AML/compliance framework documentation, policies and procedures for license applications, drafting of client-facing contractual documentation, facilitation of regulatory approvals for shareholders/directors etc. - Turn key legal support of asset tokenization projects, token generation and ICOs, including drafting of white papers, trust documentation for tokenization structures, shareholder agreements etc. - Continuous work with local regulatory authorities before and after license applications to ensure expedient resolution of any issues, dealing with reporting etc. - DORA support in Europe for crypto businesses and EMI/PIs - Structuring and incorporation of corporate ownership chains for the clients’ operational entities to ensure the most beneficial tax treatment and privacy of the ultimate beneficial owners. - Advising clients on various matters of financial services and cryptocurrencies law. - Opening of bank accounts, establishing and maintaining relationships with payment processors offshore, in the EU and Africa by utilizing my broad network of personal connections in banking and PSP industries in the region. - Incorporation of offshore entities - Mergers and acquisitions of financial services entities on both buyer and seller side, including drafting of all transaction documentation, managing change of control regulatory approvals etc. - General contract law

Head of LegalGrapherex (https://grapherex.com/)
2021 - 2022

Head of Legal at Grapherex, a venture capital funded blockchain platform and Signal-based messenger app start-up. - Building and managing compliance and legal teams of the firm in Europe - Design and implementation of legal and compliance strategies, plans and procedures - Establishing compliance and AML policies and frameworks - Advising CEO and Founder in fundraising ventures: drafting and negotiating key transaction documents in early stage venture funding rounds, including SLAs and SHAs. - Contract law – drafting and negotiating IP, SaaS and licensing contractual documentation with third party partners. - Offshore crypto licensing of relevant operational entities

Head of LegalFamily office and private investment fund of an UHNWI in the UK
2018 - 2020

Position: General Counsel for an Forbes-listed UHNWI leading a team of 6 attorneys in the UK, Bulgaria and Russia Select transactional experience: - Acquisition of 50% plus 1 share in the holding company of the operator of a biomass power plant in Greece: • Coordination of local legal and compliance DD; • Drafting and negotiating of the main project SPA, debt assumption contracts with project lenders; • Negotiating and drafting of the SHA with minority shareholders; coordination of change of control approvals with the Greek authorities; • Negotiation of amended off-take purchase agreements and implementation agreement with the Greek authorities. - Real estate M&A - large scale commercial RI developments in London and Moscow - Acquisition of 100% of shares in the holding company of 8Mw solar power projects in Greece and Italy: • Working together with local external counsel on project DD; • Full-stack support in negotiation and drafting of the project SPA; • Support and coordination of the relevant regulatory approvals (change of control etc). - Led my legal team in several private equity groundbreaking investment projects in Web3 areas (SocialFI) - Acquisition of 25% plus 1 share in an Israeli meditech company (developer of next gen cancer therapy for prostate cancer): • Legal DD of the project, including licensing, regulatory and IP; • Drafting (in coordination with Israeli counsel) of the SPA and the SHA. - International registration of trademarks for new projects; IP in and outbound licensing. - Managing personal high value personal acquisitions of the principal (aircraft, yachts, art)

General Counsel NotableTradeTech Markets Group (subsidiary of Playtech PLC, an FTSE 250 company)
2016 - 2018

Position: General Counsel / Member of the Management Board Regulatory compliance – MiFID II/MIFIR, EMIR, GDPR, AML: (i) Participation in meetings of Compliance Committee; (ii) Drafting, in cooperation with head of compliance, of quarterly compliance reports to the Board; (iii) Regular review and updates of the Company’s internal compliance manual and AML/KYC policy; (iv) Leading the Company’s product governance and target market compliance assessment effort for new products and markets in accordance with ESMA requirements – drafting reports and recommendations for the Board. - Drafting and maintenance of client-facing contractual documentation (brokerage agreements, policies, etc); - Full-stack legal support of the firm in customer litigation; - Leading offshore and EU investment services licesing applications for group entities. - Negotiation and drafting of institutional trading agreements, White label/B2B hedging and liquidity contracts and ISDAs with the firm’s institutional clients; - IP: drafting and negotiating inbound/outbound licensing, software development contracts, SaaS contracts; - Data protection and privacy office – leading the GDPR roll over project, reporting to Playtech DPO: (i) Drafting and rollover of privacy, cookies, HR data protection, CCTV and monitoring and other policies and operating procedures relating to data protection; (ii) Development of Tradetech’s data protection training programms (including awareness and business-specific programmes), conducting training and periodic assessment for the key data-exposed departments of the company, including HR, IT, sales and customer support/retention; (iii) Establishment, management and maintenance of data processing inventory and data flow charts across the entire geography of Tradetech’s presence; (iv) In collaboration with the firm’s IT security, IT development and other stakeholders, development, management and remediation of data incidents and breaches; development of incident response policies and protocols; (v) Third party data protection due diligence; negotiation and drafting of DPA/DSA/DTA agreements; (vi) Development procedures for and conducting PIA/DPIAs for new financial products and processes of the firm; (vii) Management of SARs, BCRs and other data subject requests; (viii) Acted as contact point for data protection authorities in data protection in Cyprus and Bulgaria. - Commercial contracts; - Corporate/M&A transactional; - Legal support of marketing and affiliate marketing teams; - Corporate governance; - Leading a team of 4 lawyers.

Senior AssociateFrontier Law and Advisory (Vietnam)
2015 - 2016

A niche regional US law firm (founded by a former Hogan Lovells’ partner) specializing in infrastructure and energy PPP and project finance in Vietnam, Laos, Philippines and Cambodia. - As a part of a broader transaction/counsel team advised the Government of Vietnam in negotiation of the USD 430,000,000 concession for construction, operation and transfer (BOT) of Tan Van – Nhon Trach highway in Ho Chi Minh City province: • drafting and negotiation of the main BOT concession contract; • drafting and negotiation of government support contract with the concessionaire; • advising the government on the general structure shareholders’ agreement for the project SPV, direct agreements with the project lenders and ancillary documentation; - Advised the principal investor/borrower in US$ 60,000,000 biomass power plant project finance transaction in Ehime Prefecture, Ozu City, Japan: • Acquisition contracts relating to biomass palm plantations in Kalimantan, Indonesia; • Negotiation, drafting and review of the project loan facility agreement and security agreements with the project lenders (Asian Development Bank and private banks); • Negotiation and drafting of offtake energy purchase contracts with the regional government of Ehime Prefecture (in cooperation with local counsel); • Review and advising on construction contracts for the power plant facilities, operation and maintenance contract with the plant’s technical operator, ancillary documentation - Development of PPP guidelines, feasibility study guidelines, policies and standardized transaction documentation for infrastructure concessions for Vietnam and Cambodia governments: development of standardized BOT, BLT, BOO and O&M concession contracts and ancillary project documentation, including direct agreements with lenders, EPC contracts etc - Power & renewable energy regulatory advisory

Head of LegalNotableAlpari/Forextime Group (Cyprus)
2012 - 2015

General counsel leading UHNWI’s (business owner) legal team, coordinating and managing key stakeholders across the entire geography of Alpari presence in Europe, Asia and Africa. Experience: - Debt finance and corporate finance; - Acquisition, re-licensing and re-branding of FX/CFD investment firms in Cambodia and Myanmar – my team provided turn-key legal support from the early stages of the acquisition transactions to regulatory approval on the ground and business launch; - Regulatory counselling: (i) liaising with local regulators, preparation and filing of legal paperwork for setting up, dissolution and re-organization of foreign branches of Alpari in UAE, Malta, UK and New Zealand, including in connection with change of ultimate beneficial ownership of the group; (ii) represented controlling shareholder of Alpari in insolvency proceedings against the UK subsidiary of Alpari Group; (iii) regulatory advisory on the EU regulatory matters – MiFID/EMIR etc. - Cross-border litigation – led the legal team of the controlling shareholder in a cross-jurisdictional litigation spanning several countries and 3 years in a USD 70,000,000 dispute with minority shareholders - Personal projects of UHNWI owner – acquisition/sale of sea vessels, aircraft, luxury cars; personal real estate; charity projects etc - Trusts and wealth management, trust fund structuring, tax planning - M&A: sale of Alpari businesses in the UAE and Central Asia, acquisitions in South East Asia - ISDA and GMRA negotiation; - Other: drafting and negotiating MoUs, partnership agreements, IP licensing matters etc.

Vice President - LegalNotableRenaissance Capital
2007 - 2012

One of the largest private investment banks in the CIS at the time. Positions: 2007-2008 – Analyst 2008-2009 – Associate 2009-2011 – Senior Associate 2011-2012 – Vice President (Banking and Finance Legal) Select experience: - RUB 3,500,000,000 LPN issue for a large regional telecommunications company in Southern Russia, now a part of Rostelecom Group - US$40 million private placement of convertible debt for one of the leading Ukrainian real estate developers and managers - Sale of 100% of shares of a network of a network of large Russian private hospitals - US$60,000,000 secured private placement notes and warrants by a large agricultural group in Ukraine - US$1,000,000,000 EMTN Programme for Commercial Bank Renaissance Credit - Advised Renaissance as the borrower in a RUB 2,200,000,000 syndicated loan transaction - Advised Renaissance’s Ukrainian subsidiary in a USD 25,000,000 loan transaction - Advised Renaissance in EUR100,000,000 loan transaction from a syndicate of banks - Advised in US$500,000,000 asset-backed financing structure for a large investment banking group in Kazakhstan and the related cross-jurisdictional litigation. Litigation Select projects: - Represented Renaissance in Russian courts in US$12,000,000 claim by a Russian bank, in connection with a debt finance transaction; - As a part of a broader team participated in the preparation and coordination of the defense strategy in a case relating to the claim brought against Renaissance by the former shareholders of a large Russian oil company in the Netherlands. Other matters: Drafting and negotiating with the counterparties of the ISDA-based documentation on derivative transactions, including interest rate swaps, cross-currency swaps, TRSs, GMRA repo transactions etc.

Education

Masters of International Banking and Finance LawUniversity of Liverpool
2012 - 2014
Degree of LawThe Gubkin Russian State University
2000 - 2005

Skills

Core skills0
Languages2

Languages

English
Russian