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Name: |
Anthony Chan Managing partner Hammonds China Hong Kong 48 |
Could you provide a brief journey of how you arrived where you are today? As a corporate/investment lawyer, I have been involved in Asian cross-border deal work since 1992; represented both banks and borrowers on key debt restructurings in Hong Kong and mainland China as well as major project and asset based financings in the Asia Pacific region. I am also heavily involved in establishing investment funds, either through private placement or listing. I have always been interested in Islamic principles, having studied Islamic law at university. I ventured into Islamic banking in the late 1980s and early 1990s, and for the past 12 months have been very actively involved in this industry. I am also currently the chairman of the International Chamber of Commerce, Hong Kong, which has allowed me to do my bit in assisting enterprises in promoting their goals.
What does your role involve? • Private equity/investment funds. • China inbound and outbound investments and divestments. • IPO/securities work. Within the team, I work closely with my partners — Julianne Doe, Jeffrey Cheung and Valda Chan. With the current global economic trends as they are, we also have a very busy dispute resolution practice led by my partner, Keith Brandt. The team specializes in domestic and international commercial dispute resolution and arbitration in a broad spectrum of industries. These range from commodities to maritime, oil and gas to property, and from construction to IT. We currently have a team of three lawyers focusing on Islamic financial products, although our emphasis in this practice area remains in private equity and funds. What is your greatest achievement to date? Which of your products/services deliver the best results? And as law practices are service-oriented businesses, if the client is happy with our services, then we are happy. What are the strengths of your business? The Hammonds’ Beijing office works as one with the Hong Kong office in consolidating the firm’s operations in the Far East, and provides legal solutions for our domestic, regional and international clients who transact business there. We are also a key liaison office for the EU and other European law work. What are the factors contributing to the success of your company? What are the obstacles faced in running your business today? Where do you see the Islamic finance industry in, say, the next five years or so? I also hope to see private equity products being more widely used in order to fuel the growth of privately-owned sectors. Name one thing you would like to see change in the world of Islamic finance.
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