Kelle advises local and international clients on all aspects of OTC derivative, securities lending and repo transactions.

She also advises on a wide range of regulatory and compliance matters including in relation to OTC derivatives, financial services, payment systems, financial market infrastructures, crypto assets and bank regulation, including capital relief.Kelle is widely recognized as an expert in relation to netting and collateral issues in the South African legal framework. She drafted the South African Securities Lending Association (SASLA) schedule the GMSLA, and is a regular speaker and panelist at OTC derivative and securities finance conferences in South Africa.

Experience

Representative matters

  • Collaborating with A&O London payments team, advised an international tech company on the rollout of certain NFT services to South African customers.
  • Provided regulatory advice to an international payments (headquartered in the USA) provider potentially looking to expand into South Africa.
  • Provided regulatory advice to a London-based trading platform trading provider potentially looking to expand into South Africa.
  • Provided the responses to the Aosphere LLP questionnaire on crypto regulation in South Africa.

Pro bono

  • Mentoring young colleagues through A&O's A&Out programme.

Published Work

  • Gagné K and Carmichael D., (2023) The final countdown: Corporate treasurers must start preparing for ZARONIA now, South Africa: The South African Treasurers Journal, Treasury: The Corporate Champion

Speaking Engagements

  • Panelist, Regulatory, Legal and Tax, SASLA Securities Finance and Collateral Management Conference, February 2024
  • Panelist, Lessons Learned from the Transition Away from LIBOR, ISDA South Africa Conference, September 2023
  • Panelist, South African Reserve Bank Market Practitioners Group Legal Industry Forum, September 2023
  • Panelist, Changing Regulatory Landscape, SASLA Conference, April 2023

Qualifications

Admissions

Admitted as an Attorney (South Africa), 2018

Admitted as an Attorney (Massachusetts, USA), 2003

Admitted as an Attorney (New York, USA), 2003

Academic

LLB, Law, University of South Africa, 2014

JD, Law, New York University School of Law, 2002

BA, Politics and Russian, Mount Holyoke College, 1995

Disclaimer
A&O Shearman was formed on May 1, 2024 by the combination of Shearman & Sterling LLP and Allen & Overy LLP and their respective affiliates (the legacy firms). Any matters referred to above may include matters undertaken by one or more of the legacy firms rather than A&O Shearman.