Khayrullo Abdullaev
Partner
Uzbekistan | 12 years of experience | Banking and Finance
Khayrullo is a Partner at the Tashkent office of Centil Law Firm, where he plays a key role within the Banking and Finance practice. His core areas of expertise include secured and unsecured financing, eurobonds and capital markets, derivatives and hedging, Islamic finance, project financing, regulatory matters and financial structuring.
Since joining Centil in 2019, Khayrullo has advised major multinational financial institutions, banks, private investors, companies and borrowers on complex financing transactions, financial regulatory matters and investment structures in Uzbekistan. His experience includes project finance, syndicated lending, eurobond issuances, Islamic financing, derivatives and hedging, as well as Central Bank approvals and privatisation of state-owned banks.
Khayrullo is qualified as a solicitor of the Senior Courts of England and Wales and advises on English law-governed financing documents, equity investments and corporate governance matters. His English law practice also includes advising on shareholder disputes, venture capital transactions, sponsor licence compliance and immigration matters. Khayrullo has acted for both institutional and high-net-worth clients in the UK, and assisted with matters relating to judicial reviews, administrative reviews and appeals before UK courts.
AREAS OF EXPERTISE
- Banking and Finance
- Corporate
- Due Diligence
- Regulatory
ADMISSIONS
Admitted as a solicitor of the Senior Courts of England and Wales
EXPERIENCE
- Banking and financial regulatory licensing: advised on the establishment and licensing of commercial banks and credit bureaus in Uzbekistan, including preparation and submission of documents to the Central Bank for preliminary approval, registration and licensing. Experience includes establishment of banks, registering representative offices for foreign banks, obtaining preliminary approvals for acquisition of shares in Uzbek banks including as part of privatisation of state-owned banks
- Regulatory reforms: advised on major financial sector reform projects, including the IFI supported mortgage market reform and the development of the mortgage refinancing company framework, as well as legal reforms for factoring regulation in Uzbekistan
- Project finance: advised lenders and sponsors on major energy and infrastructure financings in Uzbekistan, including solar, wind, battery energy storage, hydrogen and CCGT power projects. Experience covers due diligence, review of project and finance documents, Uzbek law regulatory advice, security structuring, perfection, CPs and legal opinions including post closing matters
- Debt financing: advised development banks, IFIs and international commercial banks, including IFIs, foreign commercial & investment banks, and other financial institutions, on financing of Uzbek banks and companies through USD, UZS synthetic, LMA-based and Islamic finance facilities. Work included due diligence, regulatory advice, review of English law finance documents from an Uzbek law perspective, security advice, CPs and Uzbek law legal opinions
EDUCATION
2021
Professional Skills Course, compulsory part of training for trainee solicitors, University of Law (London, UK)
2020
LPC (Distinction), Law, University of Law (London, UK)
2018
GDL (SRA exempt), Law, the University of Law (London, UK)
2016
BSc (First Class Hons), Business and Law, Anglia Ruskin University (London, UK)
LANGUAGES
- English
- Uzbek
