Capital Markets: Derivatives & Structured Products (International Firms)
Greater China Region Guide 2024 : China
Band 3
Contact number
+852 2825 8888Chambers Review
Clifford Chance's Hong Kong-based derivatives and structured products team stands out for its work on regulatory developments, especially in relation to derivatives reform and legislation across the Asia-Pacific region, including the liberalisation of the Chinese markets. The team is highly knowledgeable regarding exchange-traded and OTC derivatives issues and is particularly noted for structured credit transactions and collar option financing. It is sought after by both international and domestic investment banks, private equity sponsors and funds.
Work Highlights
- Clifford Chance advised a group of 23 international bank clients and FIA on the enforceability of close-out netting provisions and collateral arrangements in the major derivatives master agreements and FIA documentation under PRC law.
Strengths
Provided by Chambers
"They are strong in structured products and regulatory issues with a China element. They're a global firm so can pull in anyone we need whenever we need expertise in a particular region."
"They are committed to delivering under a tight schedule; they worked around the clock for us. They have deep expertise in derivatives."
"They are strong in structured products and regulatory issues with a China element. They're a global firm so can pull in anyone we need whenever we need expertise in a particular region."
"They are committed to delivering under a tight schedule; they worked around the clock for us. They have deep expertise in derivatives."
Notable Practitioners
Francis Edwards leads the derivatives and structured finance practice in Greater China from Clifford Chance's base in Hong Kong. He is a noted adviser on structured debt issuances and OTC derivatives transactions.
"Francis is very hands-on; he's very willing to help in stubborn situations and will jump directly in and support what we need."
Terry Yang remains an experienced adviser on margin regulations and structured credit transactions, often acting for investment banks and financial institutions. He operates out of Clifford Chance's Hong Kong office.
"Terry is a very user-friendly lawyer and very responsive. He has the skill of getting people from different backgrounds together, which is invaluable."
"He's very helpful, with quick turnarounds. He's definitely eager to provide a good service."