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DZP advised upon the acquisition of an organized part of an enterprise, i.e. the Forex business line and client portfolio, by Dom Maklerski TMS Brokers from Noble Securities S.A.
DZP’s team of lawyers supported Noble Securities throughout the transactional process. This was a challenge primarily as we aimed to ensure that brokerage house’s clients are able to move efficiently from one provider to another (formally and in terms of IT solutions).
TMS Brokers is the first forex brokerage house on the Polish market. The TMS brand was created twenty years ago to support clients investing on global financial markets, providing them access to a wide range of instruments from all over the world.
Noble Securities has been operating on the Polish capital market since 1994, originally doing business as Dom Maklerski IKB-Polonia. It joined Getin Holding Group in 2008, and changed its name to Noble Securities in 2009. Currently Noble Securities is part of Getin Noble Bank Group.
Z ramienia DZP w transakcji doradzali prawnicy z Praktyki Rynków Kapitałowych i Instytucji Finansowych: Andrzej Foltyn, Partner / Szef Praktyki, Maciej Zajda, Senior Associate oraz dr Maciej Goszczyk, Counsel, przy wsparciu Grzegorza Sprawki, Senior Tax Manager z Praktyki Podatkowej.
The client was advised by DZP lawyers from the Capital Markets & Financial Institutions Practice: Andrzej Foltyn, Partner/Head of Practice, Maciej Goszczyk, Counsel, Maciej Zajda, Senior Associate and Grzegorz Sprawka from Tax Practice.
From 25 May 2018 the General Data Protection Regulation (GDPR) applies in Poland and other European Union countries. We would therefore like to give you several details on the subject of how DZP processes personal data.
The administrator of the personal data is Domański Zakrzewski Palinka Sp.k. (“DZP”; address: Rondo ONZ 1, 00-124 Warszawa). Data are processed for contact purposes and to impart information on changes to provisions and authority practices and on other issues, including events concerning day-to-day legal, economic and cultural issues, inter alia, by sending DZP newsletters. The above is carried out on the basis of legitimate interests, i.e. in accordance with art. 6(1)(f) of the GDPR. Data can also be processed where necessary for the conclusion or performance of a contract and for compliance with a legal obligation to which DZP is subject, i.e. pursuant to art. 6(1)(b) and (c) of the GDPR. Data can be transferred to entities with whose help DZP achieves the indicated aims, including entities maintaining IT infrastructure. Giving data is voluntary and in contractual relations is a requirement for concluding and performing a contract. It is possible to object to data processing, request access to, rectification and erasure of personal data or restriction of processing and data portability. Data are kept until an objection is made, and in contractual relations – throughout the term of the contract and thereafter for a period specified in provisions on archiving and limitations period for claims. Anyone has the right to file a complaint with the President of the Personal Data Protection Office. Questions concerning privacy at DZP can be sent to DZP’s Data Protection Inspector, Macieja Maciejewskiego, at: firstname.lastname@example.org.
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