In April 2021, LEGALBAND officially released its 2021 Client Choice: Top 15 Rising Partners. Llinks Partner, Ms. Lily Luo stands out among the new generation legal practitioners by virtue of her own superb business ability and spirit of forge ahead with termination, has been awarded as one of the top 15 rising Partners in mainland China.

Reasons for being on the List

In recent years, Lawyer Lily Luo has maintained a good cooperative relationship with many internationally renowned asset management institutions, fund custodian, administration and fund management companies. Ms. Luo has rich experience in the fields of finance, investment funds and cross-border asset management. Ms. Luo recently served as the project lead lawyer for the establishment of BlackRock Inc., which is the first wholly foreign-owned public fund management company in China. The project has also created a number of firsts, the first wholly foreign-owned public fund management company echoing the national financial opening-up policy, the first to explore the transfer path from a wholly foreign-owned private securities investment fund management institution to a public fund management company, which has a greater influence in the fund industry. Clients commented that "Ms. Luo works carefully and thoughtfully, understands the requirements of foreign clients very well. She has a deep theoretical foundation and rich practical experience, and she is very good at handling complex legal issues."

Partner

Lily Luo

Ms. Lily Luo received her LL.B. degree from Northwest University and LL.M. degree from ECUPL. She joined Llinks in April 2009. Ms. Luo has extensive experience in the area of asset management, specializing in the legal services relating to cross-border asset management. She has advised a wide variety of well-known foreign financial institutions on a long-term basis, and has provided legal services for a large number of QFII, RQFII, QDII, QDLP, QDIE, Product Raising Operations, Stock Connect, Bond Connect, Fund Mutual Recognition, CIBM Direct Access, WFOE PFM registration and private fund raising and launch projects.

In addition, Ms. Luo has represented clients in the establishment of retail fund management companies (especially the first batch of wholly foreign-owned public fund management company establishment projects since 2019), joint venture financial company project, fund sales license application, the incorporation of offshore subsidiaries of FMCs/securities companies, the obtainment of fund distribution license, etc. Ms. Luo has advised many public fund management companies and private fund management institutions on a long-term basis, focusing on addressing legal issues relating to cross-border business.