This webinar will cover initial coin offerings (ICOs) in the international context, with a particular focus on the European Union and the United States. It will describe the anatomy of an ICO, the various forms in which tokens can be structured, the respective legal consequences and ways to deal with the respective challenges.
Local Partner, Hamburg
Carsten Lösing is a local partner in the German bank finance practice. He advises national and international banks, financial services firms as well as non-banks, including fintech companies of all sizes ranging from start-ups to blue-chip corporates. He is an expert in financial services regulation, including bank regulatory, transactional, bank insolvency, compliance and supervisory matters, and has extensive experience in financings including acquisition, project and asset ﬁnance.
Dr Lösing frequently represents his clients before the German Federal Financial Supervisory Authority. He helps clients to navigate regulatory requirements, examinations, investigations, enforcement actions and administrative proceedings, and to negotiate various agreements related to financial services. He advises on all sorts of payment instruments and systems, credit cards, Bank Identification Number sponsorship agreements and consumer financial laws with a focus on retail bank and consumer financial products and services, anti-money laundering laws, deposit protection matters, regulation of swaps and other derivatives. He helps clients to drive innovation when advising on payment processing, peer-to-peer structures, online payments and mobile banking.
Partner, Washington, DC
Ben Saul represents banks, non-banks, fintech and regtech companies of all sizes in a wide range of matters, with particular expertise in retail banking and consumer financial services (CFS) issues. He has a full-scope practice that includes handling regulatory, enforcement, litigation and transactional matters.
In the CFS context, Mr Saul has handled matters involving the full alphabet soup of consumer finance laws and every consumer asset class. His fintech matters have also ranged widely, including work on artificial intelligence applications, mobile and digital banking, merchant acquiring, payments and emerging payments, data analytics, marketplace and online lending, digital currencies and blockchain, personal finance, foreign exchange and regtech.
Partner, Washington, DC
Pratin Vallabhaneni is a partner in White & Case's global Banking and Financial Institutions Advisory practices. He represents both US and non-US fintech, banking, broker-dealer, exchange, insurance, asset management and specialty finance companies, as well as their directors, senior officers and investors, on transactional, enforcement and regulatory matters. Clients often call upon Prat to strategically navigate cutting-edge fintech issues that are complex, rapidly evolving and multijurisdictional in nature.
Prat's transactional practice focuses on public and private M&A, capital raising, bank finance, commercial agreements and activism matters. Prior to joining the firm, Prat was an investment banker at Morgan Stanley, where he advised clients on valuation and execution of M&A, capital markets, bank finance, securitization, activism defence and restructuring mandates.
Prat's financial regulatory and enforcement practice focuses on advising financial services clients on matters before the Federal Reserve, OCC, FDIC, SEC, CFTC, CFPB, FTC, Treasury Department, FinCEN, OFAC and state banking and securities agencies. Earlier in his career, Prat served as an attorney at the FDIC during the global financial crisis where he worked on numerous crisis-related, private equity-backed bank M&A transactions, bank receiverships and enforcement actions against banks, consumer finance firms, and directors and officers. He was also actively involved in the interagency implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act.