Finance Monthly Global Awards 2019 Edition
Finance Monthly Global Awards 2019 www.finance-monthly.com 58 CHINA FIRM PROFILE Dentons is a multinational law firm. It is the world’s largest law firm measured by number of lawyers, and the world’s sixth-largest measured by 2015/16 revenues. It was founded in March 2013 by the merger of SNR Denton, Fraser Milner Casgrain and Salans; Dentons subsequently merged with the Chinese law firm Dacheng in 2015. Dentons has more than 136 offices across 50-plus countries, with approximately 7,700 lawyers. The firm is decentralised and has no headquarters, although the firm’s senior leadership are primarily based in Beijing, London and Washington D.C. www.Dentons.com CORPORATE LAW LAWYER OF THE YEAR ABOUT XUGANG YU Xugang has published more than 30 academic papers and more than 10 books. A scholar on a wide range of legal issues, he often advises regulators, courts, arbitration bodies and governmental organizations domestically and overseas. An expert on Belt and Road Initiative developments, he represents Overseas Chinese Affairs Of Office of the China State Council at legislative and international forums involving Belt and Road legal issues. He is an arbitrator with Beijing Arbitration Commission, the Zhengzhou Arbitration Commission and the Zhanjiang International Arbitration Center. Before his career in corporate securities law, from 1990– 1995 he was a judge at the Baoding Intermediate People’s Court, Hebei Province. As a designated expert, Xugang is also active with several committees and commissions and a corporate Independent Director. He is Expert on the Review Committee, Yunnan Equity Fund guided by government; the Hubei Promotion Commission, Company Listing; and the Products-Evaluation and Decision- Making Committee, People’s Insurance Investment Holding Co. Ltd. He is an Independent Director of Central China Securities Co., Ltd., Hebei Baoshuo Co., Ltd., and Dafeng Port Heshun Technology Co., Ltd, and was an independent director of Inner Mongolian Baotou Steel Union Co. Ltd, Dacheng Fund Management Co., Ltd., and Hubei Shuangjian Blower Co. Ltd.. Xugang has been a visiting professor at Peking University Law School and University of International Business and Economics Law School, and part-time professor at Huazhong University of Science and Technology Law School. He was visiting scholar at the Law School of Hong Kong University and at the Hong Kong Legal Education Trust Fund. He holds a Ph.D. in International Law and a Masters in International Economic Law from Peking University Law School and an LLB. from Chinese University of Political Science and Law. What attracted you to the field of securities transactions? What is the motivation that drives you? My academic career focused on International Financing Law, with a focus on Securities Law, so entering this field was a natural choice. The securities market is the centre of the market-oriented economy, where decisions regarding investment, production, and distribution are based on the interplay of supply and demand, which determines the prices of goods and services, distinctly confirmed and set up by the Decision of the Communist Party of China in 1992. This mechanism, based on the socialist system, promotes the Chinese economy booming continuingly and changes the structure of the world economy, bringing true hope to the peaceful world. It goes without saying – I find working within this field spiritually fulfilling, which is the motivation that drives me to go as fast as I could. In your opinion, what’s the role of lawyers in promoting the globalisation of the world economy? The market economy is boundless, just because the rule is the same, and so, I always consider that the commercial lawyer provides legal services using nearly similar regulations. As a result, I’d say that lawyers are the pioneers, the discoverers, and the executors of globalisation of the world economy, which finally will be designed and operated by laws. Consequently, lawyers are the leaders in this procedure, which is why Dentons has been developing so fast - from the west countries to the east, from North to South, with over 150 of offices internationally and over 10,000 employees. Each year, as a legal expert of the Overseas Chinese Affairs Of Office of China State Council, I fly globally to introduce the rule-of-law process of the Chinese reformation and opening, telling the world about the market economy, based on the socialist system. Undeniably, I am a lawyer, spending most of my time to deal with our clients’ businesses, which further promotes the globalisation of the world economy. XUGANG YU Senior Partner at Dentons Q Q
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