Mandate Vinge advises Barclays Bank PLC in connection with its establishment in Sweden

Vinge has advised Barclays Bank PLC in connection with its establishment in Sweden which included, among other things, extensive contacts with the Swedish Financial Supervisory Authority. Barclays Bank PLC is one of the world’s largest financial services providers and engages in personal banking, credit cards, corporate and investment banking, wealth and investment management. Barclays Bank PLC has an extensive international presence in Europe, the Americas, Africa and Asia and, as a result of its establishment in Sweden, Barclays intends to strengthen its presence in the Nordic region and thereby increase its service offering for existing and potential customers. Barclays Bank PLC’s extensive authorisations for its Swedish operations are set forth on the Swedish Financial Supervisory Authority’s website; www.fi.se.

Vinge’s advice pertained to, among other things, authorisation issues relating to financial services, passporting of existing authorisations within the EEA, anti-money laundering, consumer law, tax law and real estate law. The work was undertaken in consultation with Barclay’s corporate counsel teams in London and Frankfurt.

Vinge’s team consisted of responsible partner Fredrik Wilkens together with a team of financial services specialists including Emma Stuart-Beck, Malin Sund, Helena Håkansson and Sabina Börjesson. In addition, Maria Schultzberg and Ulf Nilsson advised on tax law, Fredrik Gustafsson and Åsa Gotthardsson advised on employment law issues and Martin Folke advised on real estate issues.