Publications

10.02.2025

KYC (Know Your Customer) – what is this procedure?

Entities obliged to apply the provisions of the Anti-Money Laundering and Countering the Financing of Terrorism Act (hereinafter AML Act) must design and implement a procedure referred to as KYC (Know You Customer). What is the relationship of KYC to AML and how to properly implement KYC in your business?

20.01.2025

IT Outsourcing: Key Legal Aspects, Risks, and Contract Essentials

The concept of outsourcing is often discussed in the IT industry. On the one hand, the ordering parties want to “throw away” many services from the company, and on the other hand, thanks to this, a whole market of IT service providers has been created. Sometimes these are companies that provide only outsourcing services – that is, they are a kind of intermediary between specialists and end customers.

06.11.2024

Venture Studio – what is it and how do you build one?

The continuing popularity of start-ups and the changing economic environment is causing originators to seek ever new ways of support. The origins of venture building can be traced back to the end of the last century, when IdeaLab from the United States supported the development of almost a hundred businesses and listed many of them on the stock exchange. Let’s take a look at what venture building is and how to build a venture studio?

25.10.2024

Markets in Crypto-assets (MiCA): What does the MiCA regulation mean for crypto-asset service providers?

The crypto-asset market remained largely unregulated at Community level for many years. This caused the financial market supervisory authorities of individual Member States to look for analogies in the existing legislation on their own. Unfortunately, this meant that many mechanisms escaped the legislature’s cognisance. Regulation 2023/1114 of the European Parliament and of the Council on cryptocurrency markets has changed a lot in this regard. What does the entry into force of the MiCA (Markets in Crypto-assets) Regulation entail?

05.10.2024

Non-Solicitation Clauses in IT Contracts – Key Legal Insights

Non-solicitation clauses are often inserted into IT contracts (but not only). In a nutshell, it is an obligation of the other party to the contract (or a mutual obligation) not to employ the other party’s personnel. In the IT industry, this is of particular importance because the main “asset” that a software company has are its people (intellectual potential). No wonder, then, that entrepreneurs try to protect the constancy of their team at all costs.

26.09.2024

Small Payment Institution in Poland

The Small Payment Institution (PL: ,,Mała instytucja płatnicza”, ,,MIP”) has been operating in the Polish legal order since 2018. Its establishment allows for the provision of payment services to a limited extent and, for many entities, represents a very important transitional stage preceding the establishment of a National Payment Institution (NPI). What do you need to keep in mind if you are operating an MIP or considering setting one up?

12.09.2024

The NIS2 Directive: How to implement the NIS 2 Directive?

The EU’s Network and Information Systems Directive 2 (NIS-2) updates cyber security requirements in relation to NIS1. This is a hot topic especially now that the number of cyber attacks is increasing year on year. Who is required to implement NIS2 and what exactly is changing?

02.09.2024

Generative artificial intelligence in IT Contracts: Managing Risks When Hiring Software Developers

Recently, in almost every corner of the Internet, many people have been discussing the new product of Open AI. As the company points out, they trained a model called ChatGPT that interacts with users in a conversational way (in the form of a chat). The dialogue format allows ChatGPT to answer additional questions, admit mistakes, question false premises, reject inappropriate requests, etc. This product has been hailed as a revolution and a milestone in the development of artificial intelligence (AI).