Michal Nowakowski Becomes Head of FinRegTech and New Tech at NGL Legal

Michal Nowakowski Becomes Head of FinRegTech and New Tech at NGL Legal

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Michal Nowakowski has joined NGL Legal as Counsel and as leader of the firm's new FinRegTech practice and New Tech sector.

Nowakowski also assumes the role of Head of New Tech in NGL Advisory, another NGL Group company responsible for strategic and business consulting.

NGL describes Nowakowski as “one of the most recognized experts in the Polish market in the area of FinTech, RegTech, and the broadly defined New Technology sector (NewTech). He specializes in financial regulations, especially concerning corporate banking and payment services sector, as well as widely understood compliance and dynamically developing FinTech area, including bank-fintech cooperation.” According to the firm, “he is an expert in EU financial law. He has experience in financial market regulation gained while working for the Polish Financial Supervision Authority (market abuse), the National Bank of Poland (macro-prudential supervision), and the Bank Guarantee Fund (forced liquidation and restructuring).”

Furthermore, according to NGL, Nowakowski has experience in working for financial institutions, including in the “broadly defined area of digital transformation and automation and elimination of redundant processes and research and development, as well as in the public sector, including international bodies and institutions such as the European Central Bank and the International Monetary Fund. He is Chair of the working group at the Chancellery of the Prime Minister on Artificial Intelligence in the Financial Sector and Deputy Chair of the analogous group on Law and Ethics.”

"Joining [of] such an experienced expert as Michal is a significant strengthening of our team in both NGL Group companies in the area of new technologies,” commented NGL Legal Managing Partner Krzysztof Wiater. “He has an exceptional business sense, ability to grasp the essence of the need and balance the various risks. He's known for his talent to talk about the industry's intricacies in a simple and accessible way and for his practical advice. With his expertise on board, we will extend our offer for clients for full-spectrum support in the technology space - from fintech, paytech, regtech, through the broader issues of artificial intelligence, machine learning, and automation to big data and deployments.”