Banking and Financial Sector
The activities of banks and financial service providers are subject to specific regulations. However, this does not mean that there is no possibility of structuring. Especially with regard to the combination of partly extremely strict regulatory requirements and the use of modern and digital distribution and communication channels, conventional consulting approaches reach its limits.
MORGENSTERN advises national and international companies in the banking and financial sector on classical approaches, an increasing digitalisation as well as the development and use of e-business and e-commerce. Advising banks and service providers in the financial sector regarding privacy compliance is a main focus of our activities. The blockchain technology will lead to a revolution and a complete reorganisation of the financial sector in the short and medium term, but the handling of smart contracts still raises many questions. Therefore, MORGENSTERN advises practically and with legal accuracy, the right balance of imagination and creativity as well as an inimitable understanding of the underlying technological processes.