Financial Services

At John W Ffooks & Co, we divide our Finance Practice into two parts – Transactional and Regulatory. Our transactional side advises on corporate finance, bank lending, secured lending and project finance deals. We have considerable experience in advising on term sheets, commenting on loan agreements from a local law perspective, advising on the taking and giving of security (as well as realising the same), drafting local law loan and security agreements and other supporting documentation, as well as papering all the local elements of an international finance transaction. Our regulatory side advises on the procedures for establishing financial institutions in the region, issuing new financial products, advising on the regulatory aspects of financial-based M&A transactions, commenting on close-out and netting provisions in ISDA and other similar documentation, advising on bankruptcy risk and procedure as well as issues of sovereign immunity. A selection of our experience is set out below. We would be delighted to discuss how our experience could any matter or transaction, on a no-names basis.

38 Matters
Ensuring insurance is done the Ivorian way.

Insurance and reinsurance regulations - Ivory Coast

We provided legal assistance for a major Switzerland-based reinsurance provider regarding its services in Ivory Coast. We advised on... More

Acting for credit division of leading European telco manufacturer

€20m vendor financing advice - Madagascar

We advised the Credit Division of a leading European telcoms manufacturer on its vendor financing of and approx. €20m installation and... More

Banking regulation across 5 jurisdictions

Banking regulation across 11 jurisdictions

We advised a leading international bank on regulatory aspects of retail banking across the Francophone region, including banking licences,... More

Advice on establishing a bank in Madagascar

Establishing a bank in Madagascar

We advised a leading international bank on the rules and regulations surrounding establishing a bank in Madagascar, obtaining a banking... More

US$18bn eel farm financing

USD18m project financing advice - Madagascar

We advised a development finance institution in Southern Africa on its USD18m project financing of an eel farm in South East Madagascar. We... More

Closing out merchant bank

Close-Out/Netting & sovereign immunity opinion

We acted for a major “Bulge Bracket” bank and advised on ISDA based transactions in Ivory Coast and Senegal. We reviewed in... More

Card rollout in CAR and Madagascar

New credit card issuance

We advised a major card issuer on the rollout of its new card product in the Central African Republic and Madagascar. We reviewed rules and... More

Exercising security in CAR

Banking Opinion - Central African Republic

We advised a major US finance house on taking and exercising security in the Central African Republic (CAR), as well as how to deal with... More

Multi-jurisdictional banking regulation s

Banking regulation advice in 14 countries

We advised a major international bank in determining its in-country rules for opening bank accounts and offering financial services across... More

US$85m short term revolving credit facility

US$85m revolving credit facility in Madagascar

We acted for an oil and gas company operating in Madagascar and advised on their US$85m short term revolving credit facility. Issues... More

Related

Financing industrial-scale farms in Madagascar

US$18M project financing of an eel farm - Madagascar

We advised a development finance institution in Southern Africa on its US$18m project financing of an eel farm in South East Madagascar. We... More

Making complex banking law simple with custom-made guides

Advisory guide on financial products – Ivory Coast

We advised a major British financial institution. We reviewed and signed off an advisory guide helping clients to understand the various... More

Expanding your bank to new countries

Expansion of business - Ivory Coast

We acted for one of South Africa's largest financial services groups on the opening of their new offices in Ivory Coast. Our advice... More

Working with your wealth management firm in Africa

Assistance on Ivory Coast-based derivatives transactions

We provided assistance to a wealth management firm on a questionnaire involving ISDA derivatives transactions... More

Bolstering Bulge Bracket bank for their ISDA transactions

ISDA transactions in Ivory Coast & Senegal

We advised a Bulge Bracket bank on Ivorian and Senegalese ISDA-based transactions. We reviewed for them: Procedures on closing financial... More

Securing quality securities law advice in Chad

Provision of securities products in Chad without physical presence

We advised a Canadian bank on Chadian securities law. The bank did not want a physical presence in Chad, but wanted to provide service to... More

Legal counsel for your cross-border banking needs

Cross-border leasing - Senegal

We advised a banking company financing projects and equipment on cross-border leasing and provision of cross-border equipment finance... More

Facilitating major transactions in Ivory Coast

Transaction advice – Ivory Coast

We acted for a borrower in a transaction following the establishment of a Chinese Wall in-house. We advised the borrower in respect of... More

Planning retail banking services? We can help with the legalities

Cross-border sales advice - Senegal

We advised a leading UK High Street bank on the marketing and sale of retail products in Senegal. Our advice focused on the legal and... More

Ensuring your ISDA transactions close

Derivatives and ISDA transactions - Senegal

We advised a major merchant bank engaging in currency swaps with a sovereign counterparty and examined in detail the rules and laws... More

Managing your collateral in Africa

Collateral management & warehousing - OHADA & Madagascar

We advised a London-based law firm on warehouse receipt financing as well as collateral management systems in Madagascar and Burkina Faso,... More

Getting retail banking right in francophone Africa

Retail banking in francophone Africa

We advised a leading international bank on regulatory compliance for retail banking in Francophone Africa, such as license requirements,... More