Clifford Chance is 'consistently on the most high-profile innovative regional deals' and is frequently a first choice for financial institutions for a variety of regulatory advice. The firm has strong synergies with its top-tier technology practice and acts for an array of clients in the fintech space and the team also assists the GCC's largest asset managers with the establishment of funds while overseeing the accompanying licensing and cross-border marketing arrangements. Jack Hardman, who stands out for his ability to handle the complex tech aspects of financial mandates, and Cheuk-Yin Cheung, who handles asset-backed collateralised financings, jointly head the practice. Senior associate James Dadford has an impressive track record on fintech mandates.
Testimonials
Collated independently by Legal 500 research team.
‘Jack Hardman was very available throughout the project and it was a real pleasure dealing with him’
‘Very knowledgeable team with deep experience of dealing with the Central Bank. Responsive and commercial. Excellent partners to work with in the region.’
‘Clearly articulated legal advice with actionable recommendations that can be easily put in practice. Wide experience and commercially minded partners and associates. ’
‘The Clifford Chance banking and finance/ financial services regulation team hold a pre-eminent position in the market.'
'Clifford Chance are consistently on the most high-profile innovative regional deals and their client base, particularly with focus on regional financial institutions, is top tier. Few other firms have been in the market as long/ are as established as Clifford Chance - and this is a real point of distinction for many clients looking to instruct Clifford Chance.’
Key clients
- Abu Dhabi Commercial Bank
- Abu Dhabi Finance
- Abu Dhabi Global Market (ADGM)
- ADNOC
- Adyen
- Arab Monetary Fund
- Careem Networks FZ
- Credit Agricole
- Citigroup
- DP World
- Dubai International Financial Centre Authority
- Emirates NBD
- Expo City Dubai
- First Abu Dhabi Bank PJSC
- HSBC
- International Swaps and Derivatives Association, Inc.
- Mashreq
- Offset8 Capital Limited
- Payward Limited (Kraken)
- Standard Chartered Bank
- UAE Central Bank
Work highlights
- Advising the Central Bank of the UAE on the creation and issuance of the proposed Central Bank Digital Currency and related technology platform.
- Advising as the main contributor law firm to International Swaps and Derivatives Association Inc. (ISDA) since the inception of its Middle East Committee, including being issuing counsel to the first ISDA netting opinions available under the laws of the United Arab Emirates and under the laws of the Dubai International Financial Centre.
- Acting as international issuer’s counsel to Al Ansari Financial Services on its highly successful IPO and listing on the DFM, which involved obtaining relevant regulatory approvals, and ensuring the IPO met the criteria set by the Central Bank of the UAE.
Lawyers
Practice head
The lawyer(s) leading their teams.
Jack Hardman, Cheuk Yin Cheung