Michał Synowiec, PhD

Attorney-at-lawCounsel

Bio

Michał specializes in financial innovation law (FinTech) and regulatory aspects of the operations of financial institutions. Michał has experience in new technologies law and is specifically focused on issues related to personal data protection law, in contract law and intellectual property law. At the law Firm, he works in the Technologies – Media – Telecommunications Practice and is a member of the Financial Institutions and Payment Services Law Team.

He has assisted financial institutions in proceedings before supervisory authorities (KNF, NBP). He has worked on due diligence projects of entities operating on the financial market and on projects to adjust the activities of payment service providers to the regulatory requirements of PSD2 (banks, domestic payment institutions). He has advised on the implementation of internal procedures (AML, outsourcing, incident monitoring, security measures, internal control). Michał works on audits of compliance with the requirements of the General Data Protection Regulation (GDPR).

Michał has been a speaker at Polish and international academic conferences on payment services law, personal data protection, intellectual property law, and civil law. He is the author and co-author of academic and popular-science publications on payment services law and economic law.

A doctor of law at the Jagiellonian University in Kraków. A graduate in law and administration from the Jagiellonian University in Kraków, Faculty of Law and Administration, Kraków Intellectual Property Law Summer School run by the Jagiellonian University, Winter School on European Business Law run by Julius-Maximilians-Universität Würzburg (Germany), and the American Law Program run by the Catholic University of America in Washington, Columbus School of Law. He was awarded a Julius-Maximilians-Universität Würzburg scholarship and repeatedly awarded Jagiellonian University scholarships.

He is fluent in English.


Related news

Blog 1
13 Nov 2023

Oversight of lending institutions by the Financial Supervision Authority (KNF)

As of the new calendar year, lending institutions will be subject to Financial Supervision Authority (KNF) institutional oversight, and the respective legislative changes stem from the Anti-usury Act . On one hand, the Anti-usury Act imposes a range of new obligations on lending institutions, while on the other it gives the KNF tough oversight powers that extend far beyond the current power to keep a register of lending institutions and formally examine eligibility for registration. This article will focus on the major amendments to the Consumer Credit Act (UKK) that will soon affect or already affect the Polish lending sector, taking into consideration as well the recently adopted new EU Consumer Credit Directive (CCD2).

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