Chris Sai Kit Tang

Chris Sai Kit Tang

Reed Smith

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Relaxation of PRC cross-border security and guarantee restrictions by SAFE’s New Rules

The Regulation on Foreign Exchange Administration of Cross-border Security together with its operational guidelines (collectively the New Rules) released by the State Administration of Foreign Exchange (SAFE) came into effect...more

6/13/2014 - Banks China Cross-Border Cross-Border Transactions Enforcement Financing Foreign Banks SAFE

The High Court has confirmed the effectiveness of contractual carve-out by bank of duty of care and advisory relationship and that...

Facts - Barclays Bank plc acted as agent and offshore security trustee under a Facility Agreement, whereby a syndicate of lenders, including Barclays Capital, lent US$45 million in late 2007 to Svizera, a Dutch...more

4/25/2014 - Barclays Duty of Care Lenders

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