Banking and Finance

The Banking and Finance Practice of Ilyashev & Partners is one of the most experienced and comprehensive practices in Ukraine, advising banks, financial institutions, investors, insurance companies, fintech businesses, and multinational corporations on complex financial and regulatory matters. The firm advises Ukrainian and international clients on financing transactions, debt restructuring, compliance with National Bank of Ukraine regulations, foreign exchange controls, cross-border financial operations, financial disputes, and asset protection.

The practice has substantial expertise in handling sophisticated financial transactions in Ukraine, including secured lending, refinancing, distressed debt restructuring, assignment of claims, banking guarantees, project finance, and cross-border financing. The team regularly advises on projects involving heightened regulatory, sanctions-related, and operational risks arising from martial law, NBU foreign exchange restrictions, distressed assets, and creditor protection issues.

The practice’s key strength is its integrated banking, finance, regulatory, and dispute resolution expertise. This enables the firm to support clients throughout the entire lifecycle of financial transactions – from financing structuring and obtaining regulatory approvals to distressed debt restructuring, asset recovery, litigation, and representation in disputes involving governmental authorities and financial regulators.

The firm has extensive experience representing clients in complex disputes involving the National Bank of Ukraine, the Deposit Guarantee Fund, and other financial sector regulators, including matters related to bank and insurance company resolution, licence revocations, sanctions, and challenges to regulatory decisions. The team also participates in international asset recovery proceedings and coordinates the Ukrainian aspects of financial disputes before courts in the United States, the United Kingdom, Cyprus, Israel, and other jurisdictions.

The practice actively advises on international finance and investment projects in Ukraine, including post-war reconstruction initiatives, infrastructure financing, war risk insurance, distressed asset restructuring, fintech projects, payment solutions, and transactions involving cross-border dividend distributions, intra-group financing, and tax structuring of financial operations. The firm regularly advises clients on adapting financial models to martial law and the rapidly evolving financial regulatory framework in Ukraine.