Allen & Overy is to continue the expansion of its team covering derivatives in Hong Kong and on the Chinese mainland. The international legal firm said the development of the derivatives market in China had led to an increased demand for specialised legal advice from its clients.Paul Cluley will join the Hong Kong office from Tokyo in the summer, where he will continue to advise on repackagings, collateralised debt obligation transactions and retail offerings of structured finance instruments. He will be joined by Joseph Tse, who will concentrate on regulatory issues.
“This is a logical continuation of the practice, and mirrors current market trends and the increasing diversity and complexity of transactions,” said Thomas Jones, a partner at the law firm.
Allen & Overy has been seeking to bolster its derivatives capabilities in the Chinese market during the past six months, with a number of key personnel having moved from London to increase operations in the Far East.
More on People
Yates leaves Citi to become CEO of Two Sigma Securities in September
US regulator resigns to head derivatives industry group
Matthew O’Connor named as head of investor sales for the Americas
Fabio Nehme leaving to set up own commodities business
Sign up for Risk.net email alerts
Nominated for two technology awards
Nominated for post trade technology award
Sponsored webinar: Collateral and counterparty tracking
Isda directors warn on fragmentation, access and liquidity - but expect problems to pass
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.