Maksym Hlotov

Maksym Hlotov

Kyiv Representative Office of Baker McKenzie


Maksym is a Senior Associate at Baker McKenzie. He joined the Firm in 2007 and currently leads financial services, FinTech and digital transformation sub-practice in the Kyiv office. He also facilitates our Firm's "Technology for Financial Institutions" working group. Maksym worked in our Firm's London and Brussels offices with international securities and European competition law teams accordingly. He has also recently gone on a secondment to a global technology company in the payments industry. Maksym now acts as a secretary to the Banking & Finance Committee of the Ukrainian Bar Association.

Practice Focus

Maksym is a financial services and technology lawyer advising on payment scheme/remittances operators, PSPs and technology companies on regulatory and contractual aspects of their services/ products offered in Ukraine. He also advises financial institutions and corporate entities on regulatory, contractual and enforcement aspects of the financial and technology services rendered and/or received by such entities.

Representative Legal Matters

  • Advising a technology company on the regulatory and contractual aspects of its technology service provided to the Ukrainian banks supporting their payments businesses
  • Advising a cross-border remittance network operator on regulatory and contractual aspects of the account payout service
  • Advising a technology provider on the regulatory and contractual aspects of a cross-border outsourcing transaction with a local technology provider acting for financial institutions originating remote P2P transactions
  • Advising a technology company on the regulatory aspects of the direct carrier billing payment method
  • Advising international payment scheme operator on regulatory, data privacy and compliance aspects of innovative identification solution
  • Advising a leading global provider of trusted payment solutions, in connection with the launch of an electronic money project with one of the largest Ukrainian commercial banks
  • Advising one of the worldwide leading companies in mobile parking technology on the establishment of the cell phone parking payment system in Ukraine
  • Advising a technology company on the contractual aspects of the direct carrier billing payment method
  • Advising a world's leading developer of free-to-play online games on the regulation of in-game virtual currencies and payments, distribution of their products in Ukraine, data privacy regulations, EULA and consumer protection issues


  • Ukraine (2003)


  • Vrije Universiteit Brussel (Advanced LLM in International and European Law, with Distinction) (2016)
  • Queen Mary & Westfield College (LLM in International Finance Law, with merits) (2007)
  • University of London (Diploma in Law) (2003)
  • Ternopil National Economic University (Specialist) (2003)


  • Ukrainian
  • English
  • Russian
  • Polish
  • Co-author (with Bondar), International Banking Law & Regulation Guide on Ukraine (2009-2010)
  • Co-author (with Olekhov), International Guide to Money Laundering Law and Practice on Ukraine (2009, 2013)
  • Co-author (with Olekhov), Financial Services Regulation in Europe (Ukraine) (2008)
  • Author, Data Protection in Financial Services Industry (Ukraine) One Data Trust (2019)