Financial services advisory
Eversheds has specialists in financial services law and regulation across the UK, Europe, Middle East, Africa and Asia. Building on the excellent reputation of Eversheds' London-based financial institutions group, the firm has developed a prominent profile in acting for investment managers, insurance companies and banking clients, relating to transactional, regulatory and product work.
Eversheds' China business group, based in Shanghai and London, also boasts extensive experience in advising asset managers, hedge funds, intermediaries, banks, insurers, brokers and investment banks on how they can best achieve their China business objectives. In the China context, the financial services team's areas of expertise include asset management, the Chinese qualified foreign institutional investor (QFII) scheme, the Chinese qualified domestic institutional investors (QDII) regime, the futures industry and derivatives.
Our clients include Barings Asset Management Limited, Henderson Global Investors , Threadneedle, and MF Global.
Our experience includes advising:
- large US and European-based asset managers and private investment funds on their applications for QFII status in China,
- a major international investment bank on its role as an offshore investment advisor under the QDII regime,
- a prominent international asset management company on the establishment of a permanent legal presence in the PRC,
- an Italian bank on its due diligence on a Bank of China branch in Urumuqi for the purpose of entering into trade finance facilities,
- a leading London-based international futures and derivatives house on its regulatory and commercial dealings in the PRC,
- a European insurance company on legal, regulatory, employment and taxation with regard to its market entry into China,
- a major Swiss-based commodities brokerage on its hedging operations in China,
- a US-based private equity fund on the establishment of its RMB parallel fund in China,
- a leading US bank on the regulatory issues regarding private placements in China of proposed interests in a limited partnership (fund),
- an international asset management company on the marketing of collective investment schemes and asset management capabilities in the PRC,
- a European bank on offering offshore retail products (including unit trusts and funds) to non-institutional investors in the PRC.
In China Eversheds LLP is a foreign law firm registered with the Ministry of Justice of the People's Republic of China. Under current Chinese regulations, we are allowed to provide information concerning the impact of the Chinese legal environment, but, like all international law firms with offices in the PRC, we are not authorized to issue opinions, determinations, or certifications in respect of, the application of PRC law. We work in cooperation with a number of Chinese law firms. Should you require a legal opinion in respect of any Chinese law matter, we would be happy to assist you in obtaining an opinion from a Chinese firm.