Edward Chan

Edward specialises in complex structured financings, particularly those with elements driven by regulatory or tax requirements. Edward also works with various financial institutions on prudential regulatory matters, such as advising on regulatory capital and liquidity requirements, bank ringfencing, and in relation to recovery and resolution planning.

Edward regularly advises insurers and pension schemes on the collateralisation and custodial aspects of longevity risk transfers, and has particular experience in both security and title transfer collateralisation arrangements.

Edward leads the firm’s initiative on artificial intelligence, and has been advising on the use of technology to enhance and optimise current legal processes.

Work highlights

Edward has led on many complex financings and regulatory issues. Highlights include advising:

• Lloyds Banking Group on its implementation of the UK’s bank ringfencing regime (as required by the Financial Services (Banking Reform) Act 2013)
• various institutions on Brexit-related issues
• a U.S. investment bank on a proposed derivatives joint venture with a Japanese bank
• a Japanese bank on recapitalising a UK-regulated asset management firm
• on collateral arrangements supporting longevity risk transfers between UK defined benefit pension schemes and various UK life insurers

Edward has a first class degree in Philosophy, Politics and Economics from Balliol College, Oxford University.  He has also gained a master’s degree in Corporate and Commercial law from the London School of Economics and Political Science.