Best Banking & Finance Lawyers in Central

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Siu & Co., Anthony
Central, Hong Kong

Founded in 2000
50 people in their team
Chinese
English
About UsAnthony Siu & Co. is a dynamic Hong Kong based law firm with a distinguished legal network behind it.  We practise in the following areas of work to serve the needs of the modern day business community:China-Appointed Attesting ServiceNotary Public ServiceCorporate, Commercial...

Founded in 2000
50 people in their team
Chinese
English
WELCOME TOCHOW & CHEUNGSOLICITORS & NOTARIESThe firm is founded by Mr. Stephen Chow and Ms. Natalia Cheung. Both of them are Notary Public appointed by the Hong Kong High Court, and Stephen is also a China Appointed Attesting Officer appointed by the Ministry of Justice of the People's...
Tonys Lawyers
Central, Hong Kong

Founded in 2002
10 people in their team
Chinese
English
Who We AreTonys Lawyers was founded by a number of experienced lawyers who had been working and practicing for around or more than 20 years in Hong Kongโ€™s top tier local and international law firms. Each of them has been well recognized in their respective practice areas, i.e. corporate and...
Kevin Ng & Co., Solicitors
Central, Hong Kong

Founded in 1999
50 people in their team
Chinese
English
About UsEstablished since 1999, KEVIN NG & CO., SOLICITORS ("KNC") at present comprises of six legal professionals: Mr. Kevin Ng, Senior Partner; Mrs. Cecilia Wong, Partner; Mr. Wing Lung Kwok, Consultant;  Mr. Alex Lam, Associate; and Ms. Mandy Wong, Associate.The aspiration of Kevin Ng...
Hampton, Winter and Glynn
Central, Hong Kong

Founded in 1982
10 people in their team
Chinese
English
Hampton, Winter and Glynn (HWG) has been providing legal services to Hong Kongโ€™s businesses, community and people for 40 years.  HWG is Hong Kongโ€™s preeminent independent law firm and is strongly committed to the prosperity and success of the region. The firmโ€™s areas of...
Sullivan & Cromwell
Central, Hong Kong

Founded in 1992
5,000 people in their team
Chinese
English
Established in 1992, Sullivan & Cromwellโ€™s Hong Kong office serves as a strategic point for significant transactions that involve Greater China and Asia Pacific companies or assets. The Firm also advises clients on significant cross-border transactions in the rest of Asia and elsewhere in the...
To Wai Keung
Central, Hong Kong

Founded in 1985
50 people in their team
Chinese
English
About Us"W. K. To & Co's 'competency level is above other leading firms in the region'."  - Legal 500 Founded in 1985, W. K. To & Co. is a leading full-service independent law firm in Hong Kong, advising some of the largest local and international corporations with business...
Tony Kan & Co
Central, Hong Kong

Founded in 1984
16 people in their team
Chinese
English
About usFounded in 1984, Tony Kan & Co. is one of Hong Kong's established law firms providing a comprehensive range of professional legal services to our Clients.The Partners of our firm are well experienced in legal services, some of them had worked in senior positions in the Department of...
Ashurst
Central, Hong Kong

Founded in 2005
50 people in their team
Chinese
English
Ashurst Dubai OfficeFounded in 2005, our Dubai office acts as our regional hub in the Middle East with specialist knowledge of booming markets in all of the GCC states and many other key MENA states including Jordan and Egypt. With a history of over 100 years working in the Middle East, our Dubai...
CLM Lawyers
Central, Hong Kong

Founded in 2000
50 people in their team
Chinese
English
About CLM Lawyers CLM Lawyers is an independent law firm that provides wide range of services to our clients. We believe our clients are our highest priority. Our team has in-depth experience in various industries and is committed to deliver flexible solutions to clients of different...
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About Banking & Finance Law in Central, Hong Kong

Central, Hong Kong is the heart of Asia's financial hub, housing the significant number of international and local banks, financiers and markets. The field of banking and finance law in Central, Hong Kong covers a broad range of activities like lending, borrowing, investments, insurances, compliance to regulations and, banking transactions. This area of law governs under the rules designed by the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC). Regulations are strict and continuously evolving to safeguard the integrity of financial systems, protect investors, ensure fair and efficient markets, and reduce systemic risks.

Why You May Need a Lawyer

Whether you are an individual or a corporate entity, dealing with complex matters like commercial loans, securities, derivative products, financial services regulations, and capital market transactions may necessitate professional legal advice. Banks, finance lenders, borrowers, and underwriters frequently require legal counsel for compliance and regulatory, transactional, or litigation concerns. Lawyers specializing in this field can help individuals to mitigate risks, effectively structure deals, ensure the legality of financial transactions, and defend against lawsuits. They can provide strategic advice and extensive knowledge on local laws.

Local Laws Overview

The key laws regulating banking and finance in Central, Hong Kong are the Banking Ordinance (BO), the Securities and Futures Ordinance (SFO), and the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO). BO covers regulations related to banking business and the business of taking deposits, the licensing and supervision of banks, and winding-up of banks. SFO provides an extensive scope covering licensing, conduct of business, market misconduct, and other matters relating to securities and futures. AMLO imposes due diligence and record-keeping requirements to prevent money laundering and terrorist financing. It's crucial to periodically stay updated about these laws and changes made to them.

Frequently Asked Questions

What are the regulations on the licensing of banks in Central, Hong Kong?

The Hong Kong Monetary Authority enforces stringent criteria for institutions wishing to establish banking operations in Hong Kong. This includes capital adequacy, transparency, and proven management records.

What is the legal procedure of acquiring a loan in Central, Hong Kong?

One must first apply for credit from a licensed lender. The lender will then perform a credit check and approve or deny the loan based on the applicant's financial status and capacity to pay. Legal paperwork is also required, which should be vetted by a lawyer.

Are digital currencies such as Bitcoin regulated in Central, Hong Kong?

In Hong Kong, cryptocurrencies like Bitcoin are not considered as legal tender but are recognized as a 'virtual commodity'. They are not regulated by the Monetary Authority or SFC, but anti-money laundering regulations do apply.

How can a lawyer assist in the event of a dispute over a financial transaction?

A lawyer can help by assessing the situation, providing advice, and representing you in court proceedings. They can also aid in dispute resolution processes such as negotiation, mediation or arbitration.

What is the impact of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO) on Banks?

AMLO imposes rigorous regulation in client due diligence and record-keeping to prevent money laundering and terrorist financing, which significantly impacts the operation processes of banks and financial institutions.

Additional Resources

You may refer to materials from government bodies like Hong Kong Monetary Authority, Securities and Futures Commission, Department of Justice for the latest legislation changes. Several law firms and professional legal organizations also regularly publish industry updates and practical guidance on their websites.

Next Steps

If you need legal assistance in banking and finance, the first step is identifying the proper legal help. It's recommended to find a lawyer or law firm specialized in Banking and Finance Law. Ensure they are experienced in Hong Kong's finance law, can handle your specific needs, and have a favourable reputation in assisting with similar matters.

Lawzana helps you find the best lawyers and law firms in Central through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Banking & Finance, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Central, Hong Kong - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.