Home / People / Adrienne Kraudi
Picture of Adrienne Kraudi

Adrienne Kraudi

Of Counsel

CMS Cameron McKenna Nabarro Olswang LLP Magyarországi Fióktelepe
YBL Palace
Károlyi utca 12
1053 Budapest
Hungary
Languages Hungarian, English
Banking & Finance

Adrienne is a counsel in the Finance team at CMS Budapest. 

She spent several decades in the banking and capital markets sector as the general counsel of a significant bank group and as a colleague of the Law and Tax Faculty of Corvinus University, Budapest. 

She is an expert financial and capital markets lawyer and has published several books and publications on this subject. As a former President of the Financial and Capital Market Arbitration Court, she answers theoretical and practical questions regarding financial arbitration on a daily basis. Adrienne is the Vice-president of the Executive Board of the International Chambers of Commerce Hungary and the President of the Commission on Banking Technique. 

She also has extended practice in performing tasks as a non-executive member of several boards of directors and supervisory boards in the financial sector (leasing companies, investment firms, management of investment funds and pension funds, etc.). 

In addition, she has significant experience in international financing including company acquisitions, corporate finance, and project financing.

She also has experience as an arbitrator in settling disputes relating to capital markets and lending and borrowing matters as well as acting as a chairperson of arbitration panels.

more less

Relevant experience

  • A private equity real estate investment and asset management firm on the establishment of a Hungarian Property Investment Fund.
  • A company that provides investment management service on the implementation of MIFID II in 15 countries across Europe.
  • A German multinational wholesale chain on an internal investigation by and external defence against the Hungarian tax authority.
  • A multinational telecommunications company on various arbitration and litigation proceedings against three of its former distributors and on a civil proceedings against a competitor company due to anti-competitive actions.
  • EBRD on the study on the regulation of the Hungarian capital market.
  • Banks in South-East and East European countries on the due diligence of banks and regarding regulatory laws on credit capacity, and on the foreign currency undertaking of sub-sovereign entities.
  • Erste Bank Hungary on the validation of security documents under CRD rules.
  • OTP Bank on updating the EMTN program and writing related prospectuses for a company listed in the Luxemburg Stock Exchange.
more less

Education

  • 2015 - AAA/ICC Joint Arbitration Colloquium, ICC Institute of World Business Law, New York
  • 2015 - Money and Capital Market Master-Course II., KPMG Academy, Budapest
  • 2014 - Drafting Enforceable Awards, training of ICC Institute of World Business Law
  • 2013 - AAA/ICC/ICSID Joint Colloquium, ICC Institute of World Business Law, Paris
  • 2012, 2013, 2014, 2015 - International Arbitration, LCIA-MIAC Arbitration Center
  • 2003 - International Tax Law Diploma, Robert Kennedy University, Zürich
  • 1994 - Postgraduate Diploma on Banking, Finance and Securities (legal aspects), Eötvös Loránd University, Budapest
  • 1986 - Postgraduate Diploma on International Trade, College of Foreign Trade, Budapest
  • 1978 - Doctor of Law (law degree), Eötvös Loránd University, Budapest
more less

Memberships

  • Member, Board of the Hungarian Section of the International Chamber of Commerce (ICC, Paris)
  • Member, Board of Trustees of the Red Nose Foundation
  • Member, Budapest Bar Association
  • Member, Board of Trustees of the ELTE University Alumni Foundation
  • Listed arbitrator, Money and Capital Market Permanent Arbitration Court
more less

Publications

  • Responsibility of Executives based on the regulation of the capital market, (book) Wolters-Kluwer, 2015
  • Study Book on Business Law for the Corvinus University (co-author), HVG ORAC Co., Budapest, 2014
more less

Lectures list

  • Important changes in the new Civil Code, 2015
  • Study-series on the new Civil Code and the Capital Market Regulation, 2014
  • The future of the arbitration in Hungary (Annual Conference of the Hungarian Lawyers Association), 2013
  • Alternative Dispute Resolution in the changing legal environment (ELTE University, in Budapest), 2012
more less

Adrienne Kraudi is of counsel in the Banking & Finance Group at CMS Budapest. Adrienne gained her several decades of professional experience in the banking and capital market sector as deputy CEO and the general counsel of a significant CEE bank group and as a colleague of the Law and Tax Faculty of Corvinus University, Budapest and honorary senior lecturer of Budapest Business School University of Applied Sciences.

She has gained significant experience in international financing including company acquisitions, corporate finance, and project financing and as an arbitrator in the settlement of disputes relating to capital markets and lending and borrowing matters as well as acting as a chairman of the arbitration panel several times.

The main focus of her practice lies in constructing complex financing structures and resolving complex multi-jurisdictional disputes, particularly in the field of cross-border transactions and joint-venture contracts.

She is an expert financial and capital markets lawyer and has published several books and publications on this subject area. As the President of the Financial and Capital Market Permanent Arbitration Court she deals with answering theoretical and practical questions regarding financial arbitration on a daily basis. Adrienne is the Vice-president of the Executive Board of the International Chambers of Commerce Hungary Section and member of the Commission on Banking Technique.

Furthermore, she has extended practice in performing tasks as non-executive member of several boards of directors and supervisory Boards in the financial sector (i.e. leasing, investment firm, management of investment funds, and pension funds, etc.).

She regularly serves as lecturer at the Budapest Corvinus University and Pazmany Peter Catolic University and is regular speaker on dispute resolution, capital markets and CSR topics.

more less

Relevant experience

  • A major regional financial institution in a capital market questions concerning Hungary.
  • J.P. Morgan on the agreement for the engagement of receiving confirmations for auction trades, provided legal advice on the draft of the information distribution agreement between the client and the Budapest Stock Exchange and consulted with the Budapest Stock Exchange in relation to the matter.
  • Hungarian Development Bank on a EUR 750 million bond issue and listing on the London Stock Exchange.
  • A major international financial institution on the study on the regulation of the Hungarian capital market.
  • OTP Bank on updating the EMTN program and writing related prospectuses, for a company listed in the Luxemburg Stock Exchange.
  • Wizz Air on the Hungarian aspects of Wizz Air’s IPO and providing local legal advice in relation to listing Wizz Air to the London Stock Exchange.
  • OTP Bank, a major Central European retail bank, in relation to its Regulation S and Rule 144A offerings, as well as the listing of the securities on the Budapest and Luxembourg Stock Exchanges.
more less

Education

  • 2015 - AAA/ICC Joint Arbitration Colloquium, ICC Institute of World Business Law, New York
  • 2015 - Money and Capital Market Master-Course II., KPMG Academy, Budapest
  • 2014 - Drafting Enforceable Awards, training of ICC Institute of World Business Law
  • 2013 - AAA/ICC/ICSID Joint Colloquium, ICC Institute of World Business Law, Paris
  • 2012, 2013, 2014, 2015 - International Arbitration, LCIA-MIAC Arbitration Center
  • 2003 - International Tax Law Diploma, Robert Kennedy University, Zürich
  • 1994 - Postgraduate Diploma on Banking, Finance and Securities (legal aspects), Eötvös Loránd University, Budapest
  • 1986 - Postgraduate Diploma on International Trade, College of Foreign Trade, Budapest
  • 1978 - Doctor of Law (law degree), Eötvös Loránd University, Budapest
more less

Memberships

  • Member, Board of the Hungarian Section of the International Chamber of Commerce (ICC, Paris)
  • Member, Board of Trustees of the Red Nose Foundation
  • Member, Budapest Bar Association
  • Member, Board of Trustees of the ELTE University Alumni Foundation
  • Listed arbitrator, Money and Capital Market Permanent Arbitration Court
more less

Publications

  • Responsibility of Executives based on the regulation of the capital market, (book) Wolters-Kluwer, 2015
  • Study Book on Business Law for the Corvinus University (co-author), HVG ORAC Co., Budapest, 2014
more less

Lectures list

  • Important changes in the new Civil Code, 2015
  • Study-series on the new Civil Code and the Capital Market Regulation, 2014
  • The future of the arbitration in Hungary (Annual Conference of the Hungarian Lawyers Association), 2013
  • Alternative Dispute Resolution in the changing legal environment (ELTE University, in Budapest), 2012
more less