Partner, Fangda Partners

Zhiyi is a leading regulatory lawyer in China, specializing in regulatory, financial markets, fund products and M&A transactions in the financial sector. Since 2003, he has been providing legal services to multinational financial institutions/asset managers to invest and conduct business in China covering such areas as entity establishment, products offering, compliance, regulatory investigations, crisis management and cross-border transactions.

Since the new round of opening up of China’s financial sector in 2018, Zhiyi has assisted world-class financial institutions/assets managers to set up the ground-breaking first batch of foreign-controlled financial institutions in the PRC such as securities firm, fund management company, future firm, PFM, wealth management company, NPL WFOE, debt QFLP, bank clearing/payment company, FINTECH platform, private bank, QFII, securities custody, insurance broker etc.

Zhiyi has maintained good working relationships with financial regulators and gained vast experience on implementing the relevant regulatory provisions in a way of effectively enforcing the supervisory and internal control requirements in a reasonable and practical manner. Zhiyi is familiar with local authorities such as Shanghai, Beijing, Shenzhen, Guangzhou, Tianjin and Hainan and helped clients to obtain benefits/incentives available.

Before joining Fangda, Zhiyi worked as head of compliance for an internationally renowned investment bank’s domestic subsidiary and its China business, which included securities, futures, funds, commodities, trusts, guarantees, special opportunity groups and quant research, with an abundance of experience in managing legal and compliance affairs for various financial institutions. He also worked in an international law firm for many years.