Financial Services & Capital Markets

Financial service providers are faced with an unprecedented combination of legal challenges. With our training courses, health checks, and updates, we help you maintain an overview, advise you during on-site audits, and also represent you in administrative proceedings under supervisory law.

With increasing international activity of financial market participants, the complexity of the contractual design of financing transactions is also growing. This calls for a partner who combines professionalism with a reliable instinct and has the highest level of expertise. 

Our many years of experience in financing enable us to offer customised and individual solutions for all your needs.

The PwC Legal team has extensive expertise in the legal implementation of financing transactions, including corporate, acquisition, project, and trade financing, as well as portfolio transactions.

In addition, we have comprehensive knowledge in the area of real estate financing (including trusteeships and land registry matters).

As the managing body of a credit institution, you should always fulfil your duty of care and seek legal assistance from an external lawyer before making serious business decisions.

The PwC Legal team will be happy to assist you in drafting and amending individual contracts and general terms and conditions. In addition, we can advise you when it comes to preparing security documentation, creating internal guidelines, and drafting contracts in connection with the development of new products.

Important business decisions often depend on the question of how, for example, a legal provision is to be understood. Of course, we can also help here, for example by providing an expert opinion.

Cash pooling is regarded as a modern cash management tool for optimising the interest revenues of corporations and ensuring their liquidity centrally. However, this promising tool also involves serious risks.

The Austrian Supreme Court (OGH) has ruled that it is particularly problematic if a single group company assumes the default risk. In this scenario, individual pool participants practically secure the liabilities of all other participants with their assets.

The PwC Legal team will be happy to assist you in drafting or reviewing cash pooling agreements in order to comply with capital maintenance regulations and avoid management liability. 

Are you considering buying a bond on the secondary market from another creditor? Minimise all risks by seeking legal assistance right from the start.

The PwC Legal team will be happy to support you with transactions involving secondary bonds or loan portfolios (both as par trade and distressed trade).

We can advise you in all phases of a transaction, from structuring and reviewing certain loans for purchase or sale, carrying out appropriate due diligence, to drafting and negotiating the necessary secondary market documentation.

Are you looking for an expert in capital market law?  The PwC Legal team will be happy to support you in all matters relating to stock corporation, securities, and stock exchange law.

We will be here to answer your questions regarding derivatives any time and, if required, provide you with tailor-made netting, collateral and clearing opinions on all common industry standard agreements (ISDA, DRV, GMSLA).

In addition, you will receive all services from a single provider – from the preparation of your prospectus to the approval process before the Financial Market Authority (FMA), and from coordination with your investment bank to contract documentation, including opinions.  

Financing via alternative forms of capital raising is also becoming increasingly important. New trends such as “Initial Coin Offerings” (ICOs) are receiving public attention and can help you boost your fundraising campaign. Our experts have extensive knowledge in all areas of capital market law and will support you in all legal matters, including those relating to investment funds.