SK&S represented ING Bank Śląski S.A. in obtaining a permit from the FSA (Financial Supervision Authority) to create a mortgage bank

SK&S represented ING Bank Śląski S.A. in obtaining a permit from the FSA to create a mortgage bank.

On 16 January 2018 the FSA unanimously permitted the creation of a mortgage bank by ING Bank Śląski and approved the statute and composition of the first management board of the new bank. SK&S advises the Bank on regulation and tax issues linked to the creation and start-up of the mortgage bank and represented the Bank in the proceedings before the FSA which have just ended.

As emphasized by Mirosław Boda, the future President of the Management Board of ING Bank Hipoteczny S.A., the law firm’s team played a significant role in the speedy and efficient obtaining of the permit, which is a key stage in creating a new bank.

The SK&S team of lawyers assisting the Bank is headed by Dr. Marcin Olechowski, the partner in chargé of the banking law and financial institutions practice, and is made up of counselor Sławomir Stawczyk (Of counsel, legal advisor), Dr Wojciech Iwański (Senior Counsel, attorney at law), and counselor Mateusz Blocher (associate). With regard to tax issues the Bank is advised by counselor Jarosław Bieroński, senior partner who heads the law firm’s tax law practice, and counselor Bartłomiej Biały (senior associate, legal advisor).