Industry
Fintech
Payments, mobile financial services and digital lending in one of the world's largest MFS markets.
Bangladesh's mobile financial services market is among the largest in the world by transaction volume, operating under Bangladesh Bank's payment systems and MFS regulations alongside the Bank Company Act. Licensing, settlement, agent networks, KYC and data handling all sit within a regime that continues to evolve by circular.
We advise payment service providers, MFS operators, digital lenders and their investors on licensing, product structuring, partnership arrangements and compliance.
What we do in this sector
- PSP, PSO and MFS licensing
- Product structuring and terms of service
- Bank and agent network partnership agreements
- KYC, AML and customer data compliance
- Investment into and out of fintech businesses
- Cross-border payment and settlement arrangements
Mandates in this sector
Asian Development Bank · Lender's counsel
Limited-recourse syndicated financing
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
ICD, Islamic Development Bank Group · Lender's counsel
Islamic line of finance to a Bangladeshi bank
ONGC, OIL, POSCO and Daewoo · Local counsel
Offshore production sharing contracts
Thaicom · Counsel
Mediation of a satellite claim during UNCITRAL arbitration
El Paso · Counsel
Successful corporate tax exemption