GP Partners

GP Partners is a Polish law firm that advises payment service providers. It offers licensing before the KNF, the Polish Financial Supervision Authority, preparation of regulatory documentation and resolution of disputes over payment transactions.

Services

Three services are listed: licensing of payment institutions before the KNF, regulatory documentation and payment transaction disputes. In Poland, a payment institution applies to the KNF with a programme of operations, internal procedures, a description of safeguarding and details of management, which the firm prepares. The dispute practice addresses claims about unauthorised or failed payments that arise once the service is running.

Market

Poland is the only stated jurisdiction. The firm's legal entity, registration number and prices are not published.

Who it suits

Companies that wish to become payment institutions in Poland, or already operate there and need documents updated or disputes with customers and counterparties handled, may find the combination useful. A single firm that knows both the licensing documents and the likely disputes can design procedures that hold up in practice. It is sensible to ask how many KNF applications the lawyers have handled, how long the authorisation usually takes in their experience and whether post-licence reporting is part of the service.