The Banking & Foreign Exchange Group has developed broad experience on the various matters falling within this area, of which we can highlight:
Regulatory matters: The banking sector has been developing in Mozambique, with the advent not only of new institutions as well as internationally renowned Credit Institutions and Financial companies entering in the Mozambican Market. In this area, in addition to the incorporation and registration of Credit Institutions and Financial Companies, including the authorisation process, incorporation and registration, we have been assisting our clients in terms of corporate governance, compliance, authorisation for the usage of new banking products and negotiations with the banking supervisory bodies , and legal due diligence to Credit Institutions and Financial Companies.
Foreign Exchange Controls: For any capital transactions involving domestic and foreign entities. The Banking & Foreign Exchange Group has been assisting clients with their approval processes for foreign loans, registration of foreign investors, registration of funds, authorisations for the import of funds and repatriation of capital and negotiations with the Mozambican Central Bank on the respective matters.
Financing: We assist clients with various types of financing, from simple loans to Project Finance, and corporate loans, debt restructuring, trade and export of commodities. Our assistance consists on the drafting of various facility agreements, security documents and registrations, analysis of facility agreements governed by foreign laws from a Mozambican perspective, assisting with the compliance of conditions precedent, due diligences, among others.
Other Services: We provide assistance with matters as company registrations with the Mozambican Stock Exchange, regulatory matters related to Mozambican Stock Exchange, assistance in regulatory matters related to insurance.