Banking & Finance

The department has unmatched experience in advising the world's most significant banks and financial institutions; it also regularly acts for borrowers and issuers.

With 8 lawyers in the BVI either extensively or exclusively involved in debt finance and derivatives work there is a degree of specialisation and market knowledge unique in the jurisdiction. In addition each of our Hong Kong and London offices has associates who have spent at least 4 years with the department in the BVI and who have continued this specialisation in their respective overseas offices. Banking partners or associates are also available in our Cayman offices to advise on Cayman transactions.

Clients include Barclays, BNP Paribas, Credit Suisse, Citigroup, Deutsche Bank, Dresdner, Goldman Sachs, Merrill Lynch, HSBC, JP Morgan, Morgan Stanley, Standard Chartered and UBS and we are regularly instructed by almost all the world's leading law firms. 

General Banking

We advise on all types of syndicated and bilateral lending including trade finance, debt restructuring, structured finance, property and acquisition finance. In addition the Department has been involved in most significant project financings involving the BVI and regularly advises on aircraft and shipping deals.  

Capital Markets

In the capital markets sphere the department advises lead managers, issuers and investors on international debt issues. We advise on the full range of debt issues including medium-term note programmes, stand-alone eurobonds, tiered capital issues and euro-commercial paper/programmes.  

Derivatives

The department advises extensively on all aspects of financial derivative transactions. Its lawyers have been heavily involved in the implementation and policy of the netting legislation in the BVI and is counsel to almost all major industry bodies including ISDA, IFEMA, the Stock Lending and Repo Committee of the Capital Adequacy Directive Working Group, The Futures & Options Association, The British Bankers' Association, The Bond Market Association, The Foreign Exchange Committee, The Financial Markets Lawyers Group and The Japanese Bankers Association.

Contact Jonathan Culshaw, Michael Gagie, Colin Riegels or Peter Tarn for more on Banking & Finance.