Advising CBH Compagnie Bancaire Helvétique SA on acquiring Hong Kong fund manager/insurance broker: conducting due diligence; drafting equities agreement; retention agreements; and regulatory issues/requirements.
As a member of our Financial Institution Group, Sherry Xiao concentrates on financial services transaction and regulatory work. She supports banking, insurance, brokerage and fund clients on day-to-day legal issues involving compliance, corporate and commercial, employment and data privacy matters. Financial Services – working close with in-house counsels at banks, brokerage firms and funds, Sherry has an in-depth understanding of the financial services regulatory framework in Hong Kong including the Securities and Futures Ordinance, the Banking Ordinance and rules and guidelines issued by the Securities and Futures Commission and the Hong Kong Monetary Authority. Sherry went on secondment to two international insurance companies and acquired a better understanding of the clients' businesses and the commercial environments.
She worked with medical and life insurance clients to handle their daily challenges and advised them on a number of significant cross-border transactions. Employment – Sherry also has extensive experience in advising multinational companies on group reorganization, disposal and acquisition of business arms and providing advice on employment issues arising from these transactions, such as transfer of employment issues, secondment arrangements, employment benefits schemes and termination of employees. Sherry speaks fluent English, Mandarin and Cantonese.
Advising Prudential Assurance Company Limited on cross-border transaction relating to domestication of life (£13bn assets/1.3 million life policies) and general insurance business in Hong Kong.