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Allen & Overy LLP is a market leader in transactional and regulatory matters in the fintech space, and its breadth and depth of expertise consistently enables it to identify the next product to hit the market. Recent highlights include advising on the China aspects of a payment processing company acquired by another payment processing company, and acting for Naga Group on its series A investment by Fosun International, a Chinese international conglomerate and investment company. Victor Ho is a key name to note from its Beijing office and recently advised on data privacy, competition, cybersecurity and multi-jurisdictional payment regulations. Wayne Lee is also recommended for assisting investment funds with their investments in the fintech and insuretech space.

Linklaters regularly advises financial services clients on the regulatory framework governing the cross-border transfer of data transfer into and from China; it also has experience handling collaboration between financial institutions and fintech companies. The practice is praised for its 'willingness to work with the clients to provide business ready advice in a prompt manner'. In 2017, it advised SoftBank on its $5bn share acquisition of Didi Chuxing and assisted Blackhawk Network with its investment in China Express, an online payment player and handled digital encryption issues for a global bank. Shanghai-based senior consultant Richard Gu advises on TMT related issues including financial regulation of fintech and regulatory aspects of cybersecurity, data privacy and internet compliance. Its global fintech team includes Singapore-based Niranjan Arasaratnam and counsel Adrian Fisher, and Hong Kong-based financial regulation specialist Annabella Fu van Bijnen.

Norton Rose Fulbright's client roster features financial institutions, technology companies, start-ups and investors which the team advises on regulatory and transactional mandates. It is particularly active in advising multinational banking and financial institutions on their digital banking and cross-border transfer of electronic data matters. Beijing-based Barbara Li has 'very advanced understanding of the fintech sector', and is 'excellent at dealing with complex issues'. Shanghai-based Lynn Yang and Hong Kong-based Anna Gamvros are also a key contact.

Baker McKenzie FenXun 's client spans the full value chain of the financial technology industry, including crowdfunding, e-payment platforms, cryptocurrencies, digital banking, and P2P lending. Its impressive global reach places it in good stead in advising financial institutions and technology companies on a range of multi-jurisdictional transactional, antitrust, tax and regulatory matters. The four-partner team is led by Howard Wu who focuses on cross-border M&A transactions. Other names to note include Hong Kong-based Karen Man who is particularly active in the past year, and has advised on regulatory issues for a P2P lending company and assisted a financial institution with its virtual banking licence; and Paolo Sbuttoni who focuses on data privacy and cyber security.

Freshfields Bruckhaus Deringer has experience advising fintech companies regarding the Hong Kong monetary authority licensing regime for issuers of stored value facilities as well as issues relating to initial coin offerings, data aggregation services and automated credit decisioning services. It counts Starbucks as a major client which the team advised on its digital collaboration with Tencent and Alibaba pertaining to the digital payment terminals in its Chinese stores. The team also advised Temasek on its series D investment in FraudMetrix, China-based anti-fraud and credit risk management platform, and handled Hong Kong-regulatory advice for a digital marketplace relating to its initial coin offering. Blackstone, Citigroup and Credit Suisse also feature in its client roster. Hong Kong-based Royce Miller is recommended for regulatory issues, as is Richard Bird who focuses on commercial and IP transactions. Corporate lawyer Yuxin Shen is a key name to note at the firm's Beijing office.

Hogan Lovells International LLP's exceptional fintech sector capabilities are very much in evidence in the regulatory, data protection and transactional space. Hong Kong-based Mark Parsons has advised Tencent on its international expansion over past years. In 2017, a multi-jurisdictional team advised on data protection, payments and intellectual property issues relating to its initiatives WeChat Out and Tencent Cloud and assisted the client with Wechat Wallet's global expansion. It continues to advise Citi Group on its Hong Kong digital banking matters in the area of technology agreements, data protection and cyber security. Andrew McGinty is a key name to note in its Shanghai office and he has experience advising financial institutions on facial recognition projects and cross-border online payment collaboration mandates.

Morrison & Foerster LLP exhibits a wide range of expertise, particularly in the transactional environment where the team regularly advises technology companies and financial institutions on financing, cross-border licensing and service arrangement matters. Among its recent mandates, Gordon Milner advised a multinational insurance company on the structuring and negotiation of the technology data sharing arrangement between the parties' platforms and associated services, and acted for a consumer lending technology provider on the technology transfer and intellectual property issues. Thomas Chou advised Contineo, a bank-led technology consortium for trading structured products, on its financing mandate. Most of its key lawyers in Greater China operate out of the Hong Kong office.

Simmons & Simmons is noted for its experience acting for technology companies, financial institutions and investors such as KYC Chain, British Business Bank, Funding Circle and WorldPay. Recent highlights include advising OKLink Technology Company on the regulatory aspects of its cross-border money remittance network using blockchain technology, and assisting Neat, a Fintech mobile account provider, with its structuring and establishment including partnering with a provider of stored value facilities and Mastercard services. The practice is jointly led by Hong Kong-based Jolyon Ellwood-Russell and Ian Wood.

Simpson Thacher & Bartlett LLP's primary focus is on financing, M&A and licensing transactions, representing fintech companies, private investment firms and public companies. It counts Ant Financial Group as a major client, which it advised on a steady stream of mandates in the payments, mobile financial service, e-commerce and other fintech verticals in the past years. For example, in 2017, it advised on its partnership with bKash, a mobile financial service in Bangladesh;  acted on its $184.5m acquisition of Telenor Microfinance Bank; handled its joint venture with CK Hutchison relating to e-wallet services in Hong Hong; and assisted with its acquisition of Globe Fintech Innovations, as part of a partnership with Globe Telecom and Ayala Corporation pertaining the payment services in the Philippines. On the capital markets front, the team also excelled when it advised Chinese online micro-credit provider Qudian on its IPO and listing on the NYSE, raising $975m. The practice is predominantly run out of its Hong Kong office, which Ian Ho and Chris Lin are recommended for M&A transactions, and IPO and listings on the NYSE respectively.

Exhibiting a wide range of expertise, Stephenson Harwood's team advised a Chinese e-commerce company on the compliance and regulatory matters related to its B2C e-commerce platform and represented All In Pay Network Services, a Chinese third-party payment service company on its opposition of UnionPay's trade mark application. Financial services specialist Mark Reed is advising a licensed money lender in connection with the structuring, setting up and operation of a P2P secured lending platform, Ivan Tan handled an initial coin offering transaction, and Jane Ng assisted TNG (Global) with the series A financing made by New Margin Capital. IP specialist Jonathan Chu is also a name to note.

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