Industry
Financial Institutions
Banks, NBFIs, insurers and development finance institutions — regulatory, transactional and contentious work.
The firm's financial institutions practice dates to its role as lead local counsel on the World Bank's Financial Sector Reform Programme, which redesigned Bangladesh's banking regulatory framework and produced the Bankruptcy Act 1997.
We act for domestic and foreign banks, non-bank financial institutions, insurers and multilateral lenders on licensing and prudential matters, lending and security, recovery and enforcement, and regulatory investigations.
What we do in this sector
- Banking and insurance regulatory advice
- Syndicated and bilateral lending documentation
- Documentary credit and trade finance
- Security creation, perfection and enforcement
- AML, sanctions and compliance programmes
- Recovery proceedings and distressed debt
Selected experience
- Lead local counsel on the World Bank Financial Sector Reform Programme.
- Acted on a secured lending for Royal Bank of Canada.
- Advised Commerzbank on money market and OTC products.
Mandates in this sector
IFC and Excelerate Energy · Transaction counsel
Floating storage and regasification LNG terminal at Maheshkhali — the country's first LNG terminal, including PPP transaction advisory, project development and permitting
Shanghai and Shenzhen Stock Exchanges · Acquirer's counsel
Acquisition of a strategic stake in the Dhaka Stock Exchange on demutualisation
European Investment Bank · Lender's counsel
Financing of a SASEC road corridor project
Sinosure and China Exim Bank · Lenders' counsel
Coal-fired independent power projects and related export credit cover
Asian Development Bank · Lender's counsel
Limited-recourse syndicated financing
SAARC Development Fund · Documentation counsel
Led the documentation team for Fund financing
Evergreen · Issuer's counsel
Hong Kong Stock Exchange listing
Grameenphone · Counsel
Syndicated financing
Royal Bank of Canada · Counsel
Secured lending
Commerzbank · Counsel
Money market and OTC product matters
The World Bank · Lead local counsel
Financial Sector Reform Programme — redesign of the banking regulatory framework, and drafting of the Bankruptcy Act 1997
China Exim Bank · Counsel
Project financing of the 2 × 662 MW Payra thermal power plant
BIFFL, China CITIC Bank and China Development Bank · Counsel
Financing of a public–private partnership toll road
DBS · Sponsor's counsel
Financing of the Dhaka North 36 MW waste-to-energy plant
Asian Development Bank · Lender's counsel
50 MW solar project developed by Fourth Partner Energy
ICD, Islamic Development Bank Group · Lender's counsel
Islamic line of finance to a Bangladeshi bank
Export Development Canada · Lender's counsel
Financing of new ATR aircraft for US-Bangla Airlines
Hong Kong Stock Exchange listing — Evergreen · Issuer's counsel
Bangladesh counsel on the Evergreen initial public offering
Wilmington Trust · Creditors' counsel
Judgment against an air operator and eleven affiliates