As a FinTech, you need to comply with financial laws and supervisory requirements. If not, you risk enforcement, sanctions, reputational damage and dissatisfied customers. In practice, keeping oversight is difficult: rules are fragmented, new regulations keep coming, and outsourcing to third parties adds complexity. On top of that, compliance is often only added after the product is built – leading to postponed launches, repeated development cycles and unexpected legal costs.
Finnick helps you to prevent this by:
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Translating complex regulation into clear, practical steps your team can actually apply
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Embedding compliance in your products and processes from the start, avoiding redesigns and delays
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Identifying key risks and bottlenecks early, and turning them into workable solutions
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Managing supervisory expectations proactively, with transparent communication and consistent documentation
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Reviewing contracts and outsourcing arrangements, so external dependencies are supervision-ready
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Providing regulatory horizon scanning, so you are prepared for upcoming changes like MiCA, PSD3/PSR or CCD2
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Acting as a permanent point of contact, ensuring continuity and safeguarding compliance knowledge in your team
Takeover or change of shareholders?
Don’t forget your DNO
Is your FinTech company facing an acquisition or shareholder changes? Avoid problems with the regulator by applying for a Declaration of No Objection (DNO) in good time.
A DNO is mandatory for the direct or indirect acquisition of a qualifying holding (≥ 10%, 20%, 30%, 50% or 100%) in a licenced financial institution. DNB (and, in the case of banks, also the ECB) assesses, among other things, integrity, financial soundness and governance.
What is required for a DNO application?
- Annual accounts, forecasts and financing documentation
- Information about directors and shareholders
- A clear organisational chart of the control structure
How Finnick Legal can help you
We provide comprehensive support:
- Analysis of DNO requirements
- Preparation and documentation
- Drafting and submission of the application
- Coordination with DNB and guidance on integrity screening
- Strengthening compliance and audit functions (second and third line)
- Performing gap analyses and compliance reviews
- Drafting and assessing policies and procedures (including AML/CFT, DORA, PSD2/PSD3)
Finnick ensures a smooth DNO process, with minimal risks and maximum predictability.