Kai Zhang

Special Counsel
K&L Gates LLP

Kai Zhang is a special counsel at the firm’s London office. He is a member of the Payments, Banking Regulation, and Consumer Financial Services practice group and a member of the Asset Management and Investment Funds practice group.

His primary focus is the payment services and e-money regulation including PSD2 and EMD. Kai has extensive experience in advising on issues within the full spectrum of payments/e-money regimes ranging from authorisation, conduct of business requirements, open banking requirements, to operational compliance support. He also advises FinTech firms, payment gateway operators, technology providers, cryptocurrency businesses in relation to payment/e-money related matters, and other issues such as FSMA authorisation requirements.

In addition, Kai also focuses on the relevant requirements relating to asset management and investment funds, including AIFMD, MiFID II, and the Investment Firm Prudential Regime, with respect to issues such as cross-border AIF marketing, investment firm authorisation, client categorization, prudential requirements, and remuneration codes.

He also advises on the general financial services regulatory framework such as financial promotion, FSMA licensing, change in control, as well as the anti-money laundering requirements.