Michał Synowiec, PhD
Bio
Michał specializes in the regulatory aspects of the operations of financial institutions, in particular banks, payment institutions, and insurance companies. He is individually recommended in international legal rankings such as Chambers and Partners (category: “FinTech Legal”) and Legal 500 (category: “Banking and Finance”). At the law firm, he is involved in the work of the Technologies – Media – Telecommunications Practice and the Financial Institutions and Payment Services Law Team.
He has supported financial institutions in proceedings before supervisory authorities (Polish Financial Supervision Authority – KNF, National Bank of Poland – NBP). He has participated in due diligence processes involving entities operating in the financial market, as well as in projects related to the implementation of regulatory requirements of the PSD2 directive by payment service providers (banks, national payment institutions). He has advised on the implementation of internal procedures concerning anti-money laundering (AML), outsourcing, incident monitoring, security measures, and internal control.
Michał has also participated in audits assessing the compliance of personal data processing practices with the requirements of the General Data Protection Regulation (GDPR). He is a speaker at national and international training events and conferences. He is the author and co-author of academic and popular-science publications in the field of financial market law, including a monograph on the payment acquiring service and commentaries on the Payment Services Act and the Digital Operational Resilience Act (DORA) Regulation.
Michał holds a PhD in Law from the Jagiellonian University in Kraków. He is a graduate of the Faculty of Law and Administration of the Jagiellonian University in Kraków, where he studied both Law and Administration. He completed the Kraków Intellectual Property Law Summer School organized by the Jagiellonian University, the Winter School on European Business Law organized by the Julius-Maximilians-Universität Würzburg (Germany), and the American Law Program organized by the Columbus School of Law at The Catholic University of America in Washington, D.C.
He is a scholarship recipient of the Julius-Maximilians-Universität Würzburg and a multiple-time scholarship holder of the Jagiellonian University.
He is fluent in English.
