Drawing upon ‘deep commercial insight and experience’, as well as being ’abreast of all regulatory guidelines’, King & Wood Mallesons provides ‘responsive and solutions-oriented advice’ to a range of international and Chinese financial services clients. As well as having solid industry knowledge in the traditional banking space, including on product development and licensing matters, the team has been at the vanguard of the development of the fintech sector in Hong Kong, and was one of the first firms in the country to establish a virtual asset practice. Although primarily based in Sydney, the ’outstanding’ Urszula McCormack remains focused on Hong Kong fintech work, including advising on new products, crypto infrastructure matters and policy issues. Minny Siu provides ‘practical solutions’ to stakeholders across traditional and fintech matters, including work on compliance projects for financial products in novel asset classes such as NFTs. Demonstrating a ’commercial approach that is built on in-depth legal knowledge’, team head Richard Mazzochi excels at both conventional regulatory matters, as well as on developing issues relating to ESG regulatory compliance and virtual banking.
Testimonials
Collated independently by Legal 500 research team.
- 'In terms of regulatory practice the team has very great depth of experience and is abreast of all regulatory guidelines and practices.'
- 'The team is very knowledgeable and responsive, have good market knowledge, and understands the pressures of in-house practice. They are also cost-efficient and very commercial.'
Key clients
- Bank for International Settlements
- Hong Kong Exchanges and Clearing Limited
Work highlights
- Advising Mizuho Bank on complex regulatory issues relating to the offering of sustainability-linked derivatives in Hong Kong.
- Advising HSBC in respect of the Hong Kong Government’s ground-breaking pilot issuance of tokenised green bonds recorded in tokenised securities accounts on a distributed ledger technology-based platform.