Internet Finance
Internet finance is a novel type of finances. It defines that traditional financial institutions and Internet corporations provide the service for accommodation of fund, payment, investment as well as information intermediary by means of Internet technology and ICT (internet and communication technology). Besides, the main codes of Internet finance includes online payment, peer-to-peer lending, equity crowdfunding, Internet fund sales, Internet insurance, Internet trust and Internet consumer finance.
Compared with the traditional finance, Internet finance owns a great deal of advantages. Reasoning that, however, the existing legal framework has not yet caught up to the development of Internet finance, Internet finance entities, thus, are keen to the compliance service and professional guidance offered by expert lawyers in this realm, in terms of validity argumentation and legal interpretation.
High Mark has successfully provided legal service for many Internet finance corporations by dint of its experiences in foreign and domestic banks as well as Internet companies. Our Internet finance legal service includes without limitation:
● Sorting out laws, stipulations and policies relating to Internet finance; providing legal advisory service;
● Design and evaluation of the framework and validity of main business;
● Assistance in validity argumentation, legal risk identification of various business as well as construction of legal risk prevention system;
● Assistance in specifying business operating procedure; providing legal training to managerial and operational personnel;
● Developing, reviewing and revising the standard of review of both lender and borrower;
● Drafting, reviewing and revising the standard contracts;
● Drafting, reviewing and revising kinds of legal documents, which include without limitation: user registration agreement, user service rule, fund depository agreement, loan contracts, guarantee contracts, insurance contract, and other documents that specify the right and duty between Internet finance corporation and lender, borrower, fund depository institution and guarantor;
● Participation in financial product research and development as well as validity argumentation;
● Providing legal service in investment and financing, equity incentive and intellectual property;
● Participation in dealing with the various disputes in arbitration and litigation; issuing lawyer letter or acting for litigation and arbitration cases, if necessary.
Compared with the traditional finance, Internet finance owns a great deal of advantages. Reasoning that, however, the existing legal framework has not yet caught up to the development of Internet finance, Internet finance entities, thus, are keen to the compliance service and professional guidance offered by expert lawyers in this realm, in terms of validity argumentation and legal interpretation.
High Mark has successfully provided legal service for many Internet finance corporations by dint of its experiences in foreign and domestic banks as well as Internet companies. Our Internet finance legal service includes without limitation:
● Sorting out laws, stipulations and policies relating to Internet finance; providing legal advisory service;
● Design and evaluation of the framework and validity of main business;
● Assistance in validity argumentation, legal risk identification of various business as well as construction of legal risk prevention system;
● Assistance in specifying business operating procedure; providing legal training to managerial and operational personnel;
● Developing, reviewing and revising the standard of review of both lender and borrower;
● Drafting, reviewing and revising the standard contracts;
● Drafting, reviewing and revising kinds of legal documents, which include without limitation: user registration agreement, user service rule, fund depository agreement, loan contracts, guarantee contracts, insurance contract, and other documents that specify the right and duty between Internet finance corporation and lender, borrower, fund depository institution and guarantor;
● Participation in financial product research and development as well as validity argumentation;
● Providing legal service in investment and financing, equity incentive and intellectual property;
● Participation in dealing with the various disputes in arbitration and litigation; issuing lawyer letter or acting for litigation and arbitration cases, if necessary.
