Our team has rich experience in coping with the compliance and crisis affairs especially for financial institutions such as securities companies, fund management companies, trust companies, etc., and we especially have extensive experience in handling the crisis of sponsor/underwriter caused by the fraudulent issuance of listed companies. Particularly, our team has participated in the establishment and the operation of the first special fund for investor interest compensation (indemnification) and the first advance compensation fund in the Chinese securities market. These two practices created a new way of proactiveness, efficiency and sufficiency, namely “advance compensation”, to solve the civil liability issues in the Chinese securities market that are caused by false statements of listed companies. This system has been formally incorporated into the Securities Law when it was revised.

Our services include:

Providing preliminary advice on compliance issues related to the operation and the development of financial institutions, as well as on the understanding and the application of related laws, regulations, industrial standards, regulatory polices, etc. 

Being entrusted by financial institutions to review their current compliance systems and their implementation, and identify and rectify compliance loopholes (if any)

Providing professional review and reference opinions on the legality and compliance of significant decisions, financial product innovations and business innovation plans of financial institutions

Reviewing the terms and the performance of key contracts between financial institutions and their clients or third parties, including relevant financial records, and confirming if the contracts comply with all applicable laws and regulations in the related industry and if they pose significant compliance risks