REPRESENTATIVE EXPERIENCE
Kai Zhang
Payments/Fin Tech-related
Advised one of the largest banks in the world with respect to their corporate card program (for UK issues and working with local counsel local requirements in over 100 countries).
Advised a number of UK e-money institution and payment institutions in relation to PSD2 compliance.
Advised Chinese payment firms on the UK licensing requirements for payment services in relation to their expansion into the UK market.
Advised a US cryptocurrency trading firm on the UK regulatory requirements (including payment services regulations and general financial services regulatory implications) and various other matters including preparation of crypto leasing and crypto lending agreements and the AML registration of its UK affiliate with the FCA.
Advised a US firm in relation to certain PSD2 open banking requirements and related issues in the context of conducting due diligence on an acquisition by the client.
Advised a couple of DeFi platforms with respect to the UK financial promotion requirements and regulatory licensing requirements.
Asset management-related
Advised a large fund manager in relation to various issues under the AIFMD including cross-border marketing and remuneration requirements.
Advised a number of large US investment managers in relation to various issues for their UK subsidiaries (authorised as CPMIs) including the relevant remuneration requirements, conduct of business requirements, categorisation and prudential requirements (under the new Investment Firm Prudential Requirements regime).
Advised a US crypto firm with respect to their proposed application for FCA authorisation as a MiFID investment firm.
Advised a number of investment firms in relation to MiFID II-related requirements such as client categorisation and outsourcing.
General regulatory
Advised on change in control regime relating to UK regulated firms including in the context of international merger/acquisitions.
Advised various clients on the UK financial promotion requirements and the regulated activities regime under FSMA.
Advised clients on UK anti-money laundering requirements including registration requirements for certain trusts.
