LinkinLegal
Kaarel Eller photo

Kaarel Eller

Kaarel has extensive experience in the public sector, including long experience in the Ministry of Finance, where he held various positions in the Financial Markets Department and later on as the Head of the Legal Department. There he was tasked with drafting some major legislative acts for the Estonian financial sector, including the first Estonian covered bond act and transposing PSD2 into the Estonian payment institutions and e-money institutions act. Prior to joining COBALT, Kaarel worked for an international law firm. · Cobalt

EstoniaCapital Markets, FundsEstonian, English, German
EmailCallWebsite

About

Kaarel Eller is Specialist Counsel in COBALT's Estonian banking and finance practice with extensive public-sector experience at the Ministry of Finance, where he held roles in the Financial Markets Department and served as Head of the Legal Department. He drafted major Estonian financial-sector legislation, including the first Estonian covered bond act and the transposition of PSD2 into the national payment institutions and e-money institutions act, and previously worked at an international law firm.

Practice areas

Capital MarketsFundsFinancial Services RegulatoryBanking & FinanceVenture CapitalFintechAnti-Money Laundering & Sanctions

Office

Estonia

Cobalt · Kaarel has extensive experience in the public sector, including long experience in the Ministry of Finance, where he held various positions in the Financial Markets Department and later on as the Head of the Legal Department. There he was tasked with drafting some major legislative acts for the Estonian financial sector, including the first Estonian covered bond act and transposing PSD2 into the Estonian payment institutions and e-money institutions act. Prior to joining COBALT, Kaarel worked for an international law firm.

Estonia

Expertise

Covered bondsPayment services / PSD2 transpositionFinancial services legislationFinancial marketsCapital marketsFundsFintechVenture capitalAML and sanctions

Education

  • Bachelor of Arts degree (equal to master’s degree qualifications), Faculty of Law, University of Tartu (2006)
  • Humboldt University Berlin, guest student (2008)

Admissions

  • Estonian Bar Association (2020)

Languages

EstonianEnglishGerman