Prior to joining the firm, Kai was an associate director at an international law firm. Kai specializes in financial services regulation. He focuses his practice on the payments and e-money regulatory frameworks including the Payment Services Directive, Wire Transfer Regulation and Electronic Money Directive. He has extensive experience in advising a variety of payment service firms (including banks, nonbank payment firms and FinTech firms) in respect of issues within the full spectrum of payments/e-money regulations such as authorisation, conduct of business requirements, the open banking regime and operational compliance issues as well as cryptocurrency-related matters. He also advises on the general regulatory frameworks such as the regulatory capital requirements for banks and investment firms, the anti-money laundering requirements for regulated firms, and the regulatory perimeter issues in relation with the Financial Services and Markets Act 2000 and the FCA Handbook.