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BANKING AND FINANCE
Banking work has always been
the backbone of our services. Our Banking Finance Department serves a
large number of financial institutions in Hong Kong and China and we are
on the approved list of over 50 banking institutions in Hong Kong.
Work covers :
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applying for banking or insurance licences for
financial institutions;
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setting forms and brochures for the daily operation
of banks or insurance companies;
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devising and updating security documentation for
banks or insurance companies;
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project financing and syndicated lending;
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advising banks or insurance companies on regulatory
and compliance matters;
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taking enforcement actions on securities for banks
or insurance companies;
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debt re-structuring and standstill arrangements;
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advising on the sale and purchase of insurance
companies and other financial institutions.
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In the last few years, lawyers in our Banking
Finance Department have been active in advising banking institutions,
individuals and corporations jointly with lawyers from our Litigation and
Dispute Resolution Department in multi-million dollar debt re-structuring
arrangements.
With the implementation of the recent policy of
Closer Economic Partnership Arrangement (CEPA), between Hong Kong and
Mainland China we assisted two Hong Kong based banking institutions and
obtained banking licence for them to operate in Mainland China.
Currently we are advising an international banking
institution in its joint venture with a nation-wide bank to be
established in Tianjin in reviewing the existing PRC banking law which
may affect its practice in China.
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