Contacts

Our Banking & Finance practice group is led by Junaid Daudpota, the Managing Partner of our firm. He can be reached at junaid@daudpota.com

Overview

It is said that banks and financial institutions are the custodians of public money, and that banks have fiduciary relationship with their Customers.

It is also said that if anybody has obtained loan or availed financial facility, it becomes his moral and legal obligation and duty to return the same in accordance with the terms and conditions, on which the same was obtained and availed; and in case of failure and default, the Banking Company/Institution is entitled to seek the remedy for securing its interest and recover the amount due. Whereas the creditor has the right to recover whatever is due, the borrower/customer is entitled to get the determination made of the due amount. Both have certain rights and obligations to be dealt in a just and fair manner.

Our Expertise

Banking and Finance
We understand the banking and capital markets to the core. We possess the capacity to handle every type of transaction from major, complex international transactions to smaller, local matters. We are able to offer the highest quality advice with strong commercial focus on all aspects of banking and financing transactions.

We have advised a number of banks and financial institutions on various aspects of bank financing, investment, leasing, capital market transactions, securitization, and debt restructuring.

We act on bank financing transactions such as secured and unsecured bilateral and syndicated loans, refinancing, project finance, trade and asset finance and structured finance.

We provide advice on financial services products to local institutions and foreign clients, compliance requirements on financial institutions, the application of securities laws, laws affecting the provision of financial services and exchange control requirements.

Anti-Money Laundering
We are able to design, implement and monitor anti-money laundering compliance programs for our clients. We draft policies and procedures, deliver training, and advice on risk mitigation as regards the anti-money laundering issues.

Islamic & Project Finance
We have advised on Islamic financial products, Islamic trade finance and the practical applications of Islamic banking and finance. We have also studied the legal framework of Takaful and the legal aspects of Islamic electronic banking.

Our Services

We assist clients by providing the following services:

- Acquisition financing
- Project financing
- Structured corporate financing
- Syndicated financing
- Financial services regulatory advice
- Finance-related tax advice
- Lease Documentation
- Banking and finance litigation
- Import/Export credit facility documentation
- Structuring and documentation of regulated and unregulated funds
- Authorizations and notification procedures
- Licensing of investment stock corporations
- Fund-specific capital market, regulatory, distribution and competition law
- Advice on the issue of bonds and equities; Advice on admissions to listings
- Public securities offerings and the notifications
- Preparation of prospectuses and related documentation
- Asset backed securitization
- Commercial mortgage backed securities

Our Publications

Anti-Money Laundering Law of Pakistan – An Overview
(by Faisal Daudpota) – 2013 December (Social Sciences Review Network)