Regulated Funds

We have authoritative ETF expertise in key European jurisdictions as well as having the leading ETF practice in Hong Kong. We provide both legal advice and practical assistance to fund sponsors and managers as the development of this dynamic industry continues.

Our core team operates in eight jurisdictions and is led by ten partners. Specialist lawyers support the core team to provide the full range of legal services required by our asset management clients.

We have significant experience advising on the establishment of ETN programmes and obtaining listings on the London, Irish and Italian stock exchanges. We also advise on both physical and synthetic programmes encompassing a range of underlying asset classes including commodities, equities and fixed ncome securities.

Our team advise on

• structuring funds and choosing the right domicile
• the regulatory authorisation process
• the listing process
• marketing, including the review of multi-jurisdictional websites
• regulatory and tax issues for ETF managers and the ETFs themselves (including local tax wrappers)
• dual counter, stock connect and Renminbi qualified institutional investor (RQFII) ETFs
• relevant ETF documentation
• leveraged and inverse products
• all ongoing regulatory obligations imposed on the ETF issuer or its manager.

We have acted on around 80 per cent of ETFs that have been listed on the SEHK.