Surridge & Beecheno provides legal advice and assistance on banking regulations, compliance requirements, and licensing procedures mandated by the State Bank of Pakistan (SBP) and other regulatory bodies. The Firm provides guidance on banking operations, including deposit-taking, lending, electronic banking, anti-money laundering measures, mergers and acquisitions, and capital markets transactions. We represent banks and financial institutions in regulatory inquiries, investigations, and enforcement actions.
The Firm advises, and has advised leading international and national financial institutions such as The World Bank, Asian Development Bank, International Finance Corporation (IFC), Bank of New York Mellon, the Bank of Tokyo Mitsubishi, State Street Corporation, Standard Chartered Bank plc, Grindlays Bank, Habib Bank Limited, United Bank Limited and Mashreq Bank on their various operations in Pakistan, such as financing arrangements in respect of power projects, investment portfolios, custody of securities on behalf of their foreign clients, and other development related projects. Our firm also frequently advises on regulatory framework, data privacy, foreign exchange control and taxation. Notably, we advise Deutsche Bank AG’s Pakistan branch, as well as represent the Bank’s main Hamburg office in their litigation affairs.
