Banking and Finance

About

Our Banking and Finance team provides advice covering a broad range of transactions including structuring and documentation for commercial finance/loan transactions, warehouse receipt arrangements, retail, corporate and investment banking, syndicated lending, acquisition finance, asset-backed finance, trade and commodity finance, agency banking, Islamic banking and microfinance. We also provide legal advice to non-bank lenders such as investment funds, venture capitalists and special-purpose financiers

We are actively involved in conducting due diligences on behalf of the bank, drafting and/or reviewing loan facility documentation and advising on a wide range of banking and finance legal issues, including recovery of loans, realizing security and restrictive covenants in loan facility agreements. The Firm also efficiently registers all types of securities, including but not limited to mortgages, leases, debentures and further charges.

Bespoke Services:

  1. Digital Banking FinTech:

We have considerable experience and expertise to advise on technology-driven solutions in financial services. We are also at the forefront of advising financial institutions on the impact that fin-tech and the broader digitisation of financial services is having across the sector.

  1. Banking Regulation routine Advisory:

We also advise our clients on applicability of Banking Laws and regulations, the obligations and compliances thereunder, and the consequences of non-compliance, issues related to local content obligations, and other numerous obligations of the financial institution introduced by the 2004 Financial Institutions Act.

  1. Searches and verification of Letters of Administration.

We understand that most financial institutions and other institutional lenders would wish conduct specific searches before entering into loan transactions. At Signum Advocates, we have a team of dedicated lawyers, paralegals and clerks that assist clients to conduct company searches with Uganda Registration Services bureau, confirm ownership of Motor vehicles with Uganda Revenue Authority and verifying letters of administration. We also conduct company searches at the Uganda Registration of services Bureau (URSB) to enable our clients register their companies or access any other information that they may need from URSB.

We routinely furnish reports to our clients to enable feed into their KYC and security documentation.

Key Contact Persons.

Partners:

Ian Mutibwa

Kenneth Muhangi

Patson W. Arinaitwe