Bridget King is “very active” in the structured finance space remark sources who consider her one of the leading names in the area in South Africa.
Bridget King joined Cliffe Dekker Hofmeyr as a director in 2015.
Bridget’s areas of expertise include financial services and markets regulation, banking regulation, the exchange control regime and over the counter and listed derivatives. She is local South African counsel to the International Swaps and Derivatives Association (ISDA). Her clients include major financial institutions (including foreign banks and financial services providers) who require advice and assistance with margin and clearing requirements under the new Financial Markets Act. She also assists foreign clients to establish (or de-register) a presence in South Africa under the Banks Act, and/or obtain Financial Sector Conduct Authority and/or Prudential Authority registration in terms of the Financial Advisory and Intermediary Services Act and/or Banks Act. She advises fintech companies on fractional share rights trading, derivatives, CFDs, mobile money and non-bank lending.
Bridget advises on derivatives, repos and stock lending and acts as local South African counsel to the International Swaps and Derivatives Association, and assists the global markets teams at Nedbank, Absa Bank, Deutsche Bank, HSBC Limited, Citibank, JPMorgan and other clients in respect of the enforceability of the ISDA master agreement and collateral arrangements in terms of the credit support documents under South African law. Bridget assists corporate and banking clients with the negotiation and execution of GMSLAs, GMRAs and ISDA master agreements, schedules and credit support documents.
Bridget authored the South African trends and developments chapter of the Chambers and Partners Global Practice Guide to Fintech Law (2018). She is recommended in Chambers Global (band 2 for banking and finance: regulatory; 2017–2018), Chambers Fintech Guide (band 2) and The Legal 500 EMEA (2017–2018).