Contact details

King Tak Fung

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


Banking and finance Hong Kong

Banking and finance Hong Kong

Banking & finance: Band 4

Banking & finance: Band 4

King Tak Fung Partner

Contact details

King Tak Fung

King Tak Fung

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. KT is the former vice president and head of trade finance at Bank of America, in charge of credit, marketing and operations.
  • Profile
  • Services
  • Sectors

He is the Technical Adviser to ICC-HK’s Trade-based Anti-money Laundering Sub-committee, 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 Forfaiting 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, an arbitrator on receivable finance and credit insurance matters as well as an accredited mediator of Hong Kong International Arbitration centre and Law Society of Hong Kong.

KT has conducted over 750 legal and banking workshops in Asia, Europe, North America and South America since 1997.  Over 75,000 judges, lawyers, bankers and business executives have attended his workshops.

KT is also the author of “Leading Court Cases on Letters of Credit” and “UCP 600 – Legal Analysis and Case Studies”.

“Stephenson Harwood’s practice has gone from strength to strength following King Tak Fung’s arrival from Eversheds Sutherland in 2016.”

The Legal 500 Asia Pacific 2018

  • 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.

Advising on Trade-based Anti-money Laundering issues in Hong Kong, Taiwan, Singapore and China.

Advised an US bank on the application of the AMLO to its trade finance operations.

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.

Advising on regulatory issues like Trade-Based Anti-Money Laundering and sanctions.

More: Banks and banking


Banking and finance Hong Kong

Banking and finance Hong Kong

Banking & finance: Band 4

Banking & finance: Band 4

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.


© 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.