November 30, 2017

Managing Partner Tan Chong Huat and Deputy Head of Private Wealth Benjamin Szeto co-authored The Business Times opinion piece on investment vehicles in offshore jurisdictions in light of the Paradise Papers that challenged the legitimacy of “offshore”

RHTLaw Taylor Wessing Managing Partner & Co-Head of Private Wealth Tan Chong Huat and Deputy Head of Private Wealth Benjamin Szeto co-authored an opinion
November 20, 2017

Managing Partner Tan Chong Huat shares with The Business Times that updating Singapore’s legislative framework to enhance its attractiveness as a wealth management hub is key to our nation becoming a leading global financial centre in Asia

RHTLaw Taylor Wessing’s Managing Partner Tan Chong Huat shared his views on “Building blocks to success” in this week’s The
November 6, 2017

Head of Financial Services Nizam Ismail shares with Channel NewsAsia his views on the launch of the Visa Monaco Crypto Card in Singapore

RHTLaw Taylor Wessing Head of Financial Services Nizam Ismail was interviewed by Channel NewsAsia on the launch of the Visa Monaco Crypto Card in Singapore. The full interview was featured on Channel NewsAsia’s Singapore Tonight segment on 2 November 2017. The interview makes relation to Monaco, a cryptocurrency payment platform, that has confirmed the launch of its prepaid card in Singapore based on the VISA gateway. The prepaid card has been approved for issuance to Singaporean residents and accepted at 44 million merchant locations in the payments network. Nizam pointed out that there is an “obligation on the service provider to look at transaction records and to spot red flags in advance, such as any suspicious movement of funds, on an ongoing basis." The move marks an important step towards introducing such digital currencies to the mass market. To date, Visa has also approved programmes that allow consumers to convert cryptocurrency into legal tender for BitPay and Shift Card. Please watch the video for the full interview.
October 30, 2017

Intellectual Property & Technology Partner Jack Ow quoted in SecurityBrief Asia article titled “In depth: A lawyer’s perspective on ethical hacking & penetration testing in Asia”

RHTLaw Taylor Wessing Intellectual Property & Technology Partner Jack Ow was quoted in an article published in SecurityBrief Asia titled “In depth: A lawyer's perspective on ethical hacking & penetration testing in Asia”. The article was first published in SecurityBrief Asia on 26 October 2017. The article discussed the possibility of ethical hacking and penetration testing taking a bigger role as organisations increasingly rely on technologyfor daily and critical operations. Jack commented on (1) how ethical hacking and penetration testing could go some way toward identifying new or unknown vulnerabilities for the improvement of existing defences”, (2) the associated legal risks and regulatory considerations, and (3) the importance of having appropriate policies and practices to guard against abuse and to manage security risks. The full article dated Thursday 26 October 2017 can be found in SecurityBrief Asia.