We are among the early legal practitioners in China focused on derivatives and structured finance, with extensive experience in both OTC and exchange-traded markets. We advise financial institutions, corporates, and asset managers on all aspects of derivative transactions—from documentation and structuring to compliance, cross-border execution, and dispute resolution. Our services cover hedging strategies, complex product design, internal controls, and regulatory reform across the evolving landscape of capital and commodities markets.
Our Services:
Master Agreement Drafting and Review
We draft and review ISDA Master Agreements, NAFMII Master Agreements, and related annexes to help clients establish a legally sound framework for derivative trading.
Hedging and Trade Structure Design
We assist in designing hedging transactions involving forwards, options, swaps, and other instruments to support risk mitigation and financial stability.
Structured Product and Total Return Swap Design
We design structured financing tools and total return swap arrangements linked to derivative underlyings to meet investment, funding, or risk-transfer needs.
Legal Validity and Transaction Compliance Review
We examine the legality and compliance of transaction structures, underlying assets, investor eligibility, disclosure obligations, and trading restrictions.
Execution Process and Compliance Documentation
We support clients through required compliance processes such as hedging registration, risk disclosures, trading authorizations, and KYC/due diligence.
Internal Control System Design
We help establish internal frameworks for derivatives management, covering authorization protocols, risk controls, operational procedures, and accounting treatment.
Cross-border Derivatives Compliance
We advise on foreign exchange registration, QDII, QFLP, and regulatory filings for outbound or inbound derivative transactions.
Dispute Resolution and Crisis Management
We represent clients in disputes arising from price volatility, margin-related issues, defaults, forced liquidation, and clearing events, and assist in responding to regulatory investigations.
Product Innovation and Regulatory Analysis
We provide legal opinions on new derivative instruments and regulatory developments, such as margin requirements and central clearing mandates.
Derivative-Linked Financing Transactions
We advise on repo, margin financing, securities lending, and other transactions involving derivative elements, providing structuring support and compliance guidance.
Futures Firm Compliance and M&A
We support futures firms and their asset management subsidiaries with day-to-day compliance, M&A transactions, and risk management matters.
Product Development and Market Rules Advisory
We assist financial institutions in designing futures and options products, validating trading mechanisms, and supporting regulatory engagement.
Exchanges and Industry Groups
We advise commodity and financial futures exchanges, as well as interbank associations, on rule revisions and policy development.
Industry Policy and Thought Leadership
We contribute to ISDA, NAFMII, and other market bodies by preparing white papers, regulatory comment letters, and policy memoranda that shape the legal and regulatory framework.
