Anna Kwong
Partner
Anna is a go-to lawyer for banks, traders and fintechs, recognised for her deep expertise in trade finance and commercial banking products and transactions.
Partner
Anna is a go-to lawyer for banks, traders and fintechs, recognised for her deep expertise in trade finance and commercial banking products and transactions.
Languages - English, Cantonese, Mandarin
Jurisdiction(s) - Hong Kong, England & Wales
Anna has advised on a wide array of trade finance products and structures, including traditional letters of credit, guarantees, standby letters of credit, documentary collections, open and silent confirmations, import and export invoice financings, forfaitings, trade refinancings, funded and unfunded risk participations, and structured trade facilities such as prepayments, inventory financings, import and export factorings, receivable financings, payable financings and structured letters of credit.
Clients also rely on Anna for her sharp eye for legal and commercial risks and understanding of international banking practice in matters such as corporate loans in primary and secondary markets, multi-jurisdictional transactions, credit insurance and sanctions related advice, true sales, digital trade innovation, as well as regulatory compliance, banking disputes, asset recovery and facility restructuring.
Known for her responsiveness, can-do personality and client-focused approach, Anna excels in delivering tailored, practical and commercial solutions. Clients praised Anna for her "deep knowledge in trade finance, providing outstanding legal and commercial advice in a practical manner" (Legal 500 Asia Pacific 2025). Her dedication, along with her proven track record of success, has led to her record-setting early promotion to the partnership. Her ability to navigate legal and regulatory constraints while prioritising clients' business objectives sets her apart as a valued advisor.
Gasoline prepayment
Advising a multinational energy corporation in an advance payment structure in connection with a gasoline offtake contract.Trade payment undertaking
Advised various commodity traders in banks' participation arrangements in the non-payment risk of their buyers and payment undertakings from such banks.Crude oil receivable factoring
Assisted a Hong Kong bank with documenting and negotiating a bespoke Hong Kong law-governed receivables purchase structure for crude oil on an undisclosed basis.Vehicle supplier credit
Advised a global vehicle manufacturer in its trade financing structures involving supplier credits and ECA arrangements, retention of title and security arrangements and other relevant legal and regulatory issues.Documentary credit facility restructuring
Assisted a French bank in restructuring its documentary credit facilities and security package for a multinational company under the French reconciliation procedure, involving Hong Kong law trust receipt and repayment arrangements and also French law and URDG-governed demand guarantees and security assignments of receivables.
Belt and Road term loan facility
Assisted a major bank in establishing a CNY2.9 billion term loan facility to a Kazakhstan oil company to support PRC-Kazakhstan cooperation under the Belt and Road Initiative supported by funded risk participation arrangements.Farmland resumption receivable financing
Advised a major property developer in a series of receivable purchase transactions involving over HK$7.70 billion of compensation payable by the Hong Kong Government in connection with the resumption of farmland for public purposes.Commodity trading and letters of credit
Designed the procedural guidelines for a new PRC commodity trader on trading under letters of credit in general and back-to-back letters of credit structures with respect to UCP 600 and advised on red flags and common money laundering, sanctions and fraud concerns.Fintech construction financing
Assisted a fintech company in setting up its financing programmes including receivables purchase structures targeting contractors and sub-contractors under specific construction contracts and projects, with an emphasis on achieving true sale treatment.Refund guarantee
Advised a PRC bank on its first negotiation and documentation of a refund guarantee in respect of an underlying shipbuilding contract.
