MHLF’s new FinTech capabilities
Mahmood Hussain Law Firm (MHLF) has announced that it has added a Fintech practice, setting a dedicated team equipped to advise and assist businesses on matters related to the use and implementation of blockchain technology. This further includes launching cryptocurrencies/coin offerings, advising in relation to funding rounds, and setting up multi-cryptocurrency exchanges across the region.
The practice will be led by Kokila Alagh, managing partner of the firm and one of its founding members. She is also the head of the Corporate Department at the firm. Since MHLF’s inception, Alagh has driven the firm’s growth by strategically anticipating wider market trends to equip her team for the future. In line with this approach, she is now forging a path for the firm in the FinTech space in response to the rapid evolution of the global digital economy. MHLF now stands as one of the UAE’s law firms that can assist and advise clients on the launch of cryptocurrencies across the world. Under Kokila’s stewardship, MHLF’s scope of FinTech work encompasses advising clients on the correct jurisdiction to carry out their proposed activities; assisting clients with funding rounds and the implementation of blockchain technology; providing full legal support for Initial Coin Offerings (ICOs); and setting up of cryptocurrency exchanges . At MHLF, Kokila has built a team which can also assist clients in drafting shareholder and token share agreements, advise them on issues related to intellectual property, and evaluate the viability of the underlying businesses and promoters. MHLF’s new FinTech capabilities are underpinned by strong ties with a large chain of law firms with relevant expertise and technical experts around the globe, as well as Alagh’s Masters in Law, in Digital Economy from the Monash University in Melbourne, Australia, where she developed an in-depth understanding of electronic payment systems, banking and e-commerce law and consumer protection electronic commerce. Kokila is also the author of a number of respected e-commerce reports including Internet Banking – Emerging Legal Risks and Digital Signature Laws – Indian Perspective, as well as a recent article on Initial Coin Offerings and Fund Raising. In addition to this, Alagh and her team are currently advising an International group on their ICO launch and cryptocurrency issuance. The firm is also assisting a Company launch their cryptocurrency exchange in the region.