Contact details

King Tak Fung

T: +852 2533 2868 M: +852 9269 5955 Email King Tak | Vcard Office: Hong Kong

King Tak Fung Partner

Contact details

King Tak Fung

King Tak Fung
Partner

T: +852 2533 2868 M: +852 9269 5955 Email King Tak | Vcard Office: Hong Kong

KT is a banking and finance partner specialising in international trade law and practice.
  • Profile
  • Services
  • Sectors
KT is the former vice president and head of trade finance at Bank of America, in charge of credit, marketing and operations.  He is also the co-chair of the ICC Consulting Group on the 2013 revision of the International Standard Banking Practice, a member of the ICC Consulting Group on the revision of UCP 500 and Forfeiting Rules and was a member of the ICC Documentary Instruments Dispute Resolution Expertise Rules (“DOCDEX”) revision project completed in 2014. In addition, KT is a full member of the Academy of Experts on Banking and Structured Trade Finance, expert witness in Hong Kong and Chinese courts on banking and international trade matters and an accredited mediator of Hong Kong International Arbitration centre and Law Society of Hong Kong.

KT has conducted over 550 legal and banking workshops in Asia, Europe, North America and South America since 1997.  Over 55,000 judges, lawyers, bankers and business executives have attended his workshops.
 
“pre-eminent trade expert” 

Chambers Asia Pacific 2015
  • Trade finance
  • Banking and financial services litigation
  • Regulatory compliance
Drafting and revising standard trade finance documentation (including application forms, agreements and security documents) for a number of international, local and Chinese banks.

Advising and preparing commodities and structured trade finance documents for various commodities finance banks.

Advising commercial and banking clients on commercial and international sale contracts (including INCOTERMS 2010), factoring and supply chain solutions.

Drafting various commercial bank documents (account mandate, security documents and general agreements and facilities letters etc.).

Designing an advanced and global international trade training program for a major international bank (covering risk control, legal principles and trade products sales techniques) and was instrumental in conducting the relevant training in Asia, Europe, North and South America.

More: Trade finance
 
Assisting various banks in resolving L/C and trade disputes amicably without litigation including to lift L/C injunctions in Chinese courts.

Advising on international trade fraud cases and security enforcement.

Assisting various banks in recovering factored receivables from the buyers speedily and amicably by way of effective negotiation and mediation.

Acting as banking and trade finance expert witness in Hong Kong and Chinese courts.

Acting as an arbitrator in international trade dispute cases.
 
More Banking & Financial Services Litigation
Advising on Hong Kong Monetary Authority (“HKMA”) rules and regulations.  This includes tailor-made advice to individual banks and/or running public workshops on HKMA’s rules and circulars.

More: Regulatory compliance
  • Banks and banking
Advising on various trade finance (L/C and open account), commodities finance and commercial banking products.

Resolving banking and trade disputes by way of negotiation and mediation.

Providing legal and banking workshops to banks focusing on risk mitigation and trade fraud prevention.

Latest news & insights

02 Feb 2016

From News

Stephenson Harwood boosts its contentious and non-contentious trade finance practice in Hong Kong

Stephenson Harwood has appointed partners King Tak Fung and Ivan Ng from Eversheds in Hong Kong. They have been joined by a further five associates.

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© Stephenson Harwood LLP 2016. Any reference to Stephenson Harwood in this document means Stephenson Harwood LLP and/or its affiliated undertakings. Any reference to a partner is used to refer to a member of Stephenson Harwood LLP.