Simon Deane

Consultant | Banking and Finance

simon.deane@deacons.com
+852 2825 9209
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"Simon Deane is identified by peers for his long track record in the Hong Kong finance market."

"Simon Deane has considerable experience in structured finance and insolvency. He is also mandated to advise clients on fintech and financial services regulation matters. According to market sources, he is "technically very strong.""

"A source singles out Simon Deane for his "deep experience in banking and fintech," adding: "We look to him as an expert. He is a perfect resource to have in the region." He is sought after by clients for his skilled handling of debt financing and regulatory mandates."

Simon is a Consultant in our Banking and Finance practice. Bringing more than 30 years of legal experience to the role, he advises clients on lending and security incorporating most kinds of debt financing work including syndicated and bilateral lending, structured finance and restructuring/rescheduling of distressed debt. He also has vast experience in banking and finance regulation and related areas – advising clients on applications for banking licences, bank mergers and acquisitions, anti-money laundering regulations and personal data protection forms a significant part of his practice.

Highlights

Advising on:

  • Syndicated and bilateral debt financing (including property and acquisition financing) acting for lenders and borrowers
  • Restructuring/rescheduling of distressed debt
  • General loan and security documentation
  • Banking licence applications
  • Bank mergers and acquisitions, including due diligence and structuring
  • Other banking regulatory matters including Banking Ordinance related issues, personal data privacy and anti-money laundering and counter-terrorist financing
  • Standard form bank documents & consumer banking products
  • Trade Finance

More about Simon Deane

Personal

  • Recognised as Expert in the area of Banking, Capital Markets: Structured finance and securitisation by the IFLR1000 (2021 – 2022)
  • Recognised as a leading individual in Banking & Finance by Legal 500 Asia Pacific (2019 – 2022, 2009 – 2011)
  • Recognised as an elite practitioner in Banking and Finance in the asialaw Profiles (2019 – 2022)
  • Recognised as a leading lawyer Banking & Finance by Chambers Asia Pacific (2015)
  • Recognised as a highly-regarded lawyer in Banking & Finance and Capital Markets: Structured Finance and Securitisation by the IFLR1000 for consecutive years to 2022
  • Recognised as an “In-House Community Commended External Counsel of the Year, 2019” by the Asian-mena Counsel
  • Selected as one of Corporate INTL Magazine’s “50 Best Lawyers in Hong Kong” (2011)
  • Recognised as a Legal Influencer – Q3 2022 by Lexology

Firm

  • Recognised as an outstanding firm in Banking and Finance by asialaw Profiles (2020 – 2021)
  • Awarded Banking and Finance Firms of the Year in Hong Kong by the Asian MENA Counsel In-House Community (2016 – 2018)
  • Recognised as a leading law firm in Banking and Finance by Chambers Asia Pacific (since 2008)
  • Recognised as a leading law firm in Banking and Finance by Legal 500 Asia Pacific (since 2008)

    • Member, Documentation Committee of Asia Pacific Loan Market Association (APLMA)
    • Member, Anti-Money Laundering Committee, Hong Kong Law Society

    • LLB (Hons), Exeter University, England

    • Hong Kong chapter of “Global Financial Collateral: A Guide to Security Interests in Securities, Securities Accounts, and Deposit Accounts in International Transactions”. Published by the American Bar Association, 2021
    • “The freezing of customer bank account for money laundering reasons”, Deacons, 2020
    • “Hong Kong — Cross Border Banking and Finance Guide”. Published by LexisNexis in LexisPSL, 2015 – 2019
    • “Clearing and Settlement Systems (Amendment) Bill 2015: Changes and Implications”, Deacons, 2015
    • “Code of Banking Practice Update”, Deacons, 2015
    • “Response to Privacy Commissioner in relation to Personal Data in the Public Domain”, Letter to Hong Kong Lawyer. Published in Hong Kong Lawyer, December 2013
    • “A Guide to the Personal Data (Privacy) Ordinance”, Deacons, 2013
    • “Using Personal Data for Direct Marketing”. Published in Banking Today, January-February 2013 edition
    • “The Hong Kong Approach to Basel II” published in the Euromoney Syndicated Lending Handbook 2005
    • “Setting up Banks and Other Authorized Institutions in Hong Kong”, Deacons 2001
    • Contributor of Hong Kong chapter of “International Privacy, Publicity and Personality Laws” (published by Butterworths Tolley in 2001)
    • “The Euro: Implications for Hong Kong”. Published by Journal of International Banking Law, Volume 13, Issue 12, 1998 and other publications
    • “Ultra Vires in Hong Kong after the Companies (Amendment) Ordinance 1997”. Published by International Company and Commercial Law Review, Vol. 8, Issue 7, 1997 and other publications
    • “Personal Data (Privacy) Ordinance”. Published by the Accounting Post, 30 November 1996
    • “Security in Hong Kong”. Published by Journal of International Banking Law, Volume 9, Issues 1 and 2, 1994
    • “Letters of Comfort”.  Published by Asia Pacific Law Review (Longman’s), Spring 1992 Volume 1, No. 1
    • “Re Charge Card Services Ltd. and Hong Kong’s New Section 15A Law Amendment and Reform (Consolidation) Ordinance”. Published by Journal of International Banking Law, Volume 6, Issue 8, 1991

    "Simon Deane is identified by peers for his long track record in the Hong Kong finance market."

    "Simon Deane has considerable experience in structured finance and insolvency. He is also mandated to advise clients on fintech and financial services regulation matters. According to market sources, he is "technically very strong.""

    "A source singles out Simon Deane for his "deep experience in banking and fintech," adding: "We look to him as an expert. He is a perfect resource to have in the region." He is sought after by clients for his skilled handling of debt financing and regulatory mandates."

    Jurisdictions

    • Solicitor, England and Wales (non-practising), 1984
    • Solicitor, Hong Kong, 1987

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