RHTLaw Taylor Wessing’s Managing Partner Tan Chong Huat shared his views in this week’s topic in the Business Times’ weekly column, Views from the Top.
This article was first published in The Business Times on 23 May 2016.
Ushering In a New Era
MAY 23, 2016 5:50 AM
THIS WEEK'S TOPIC: How will the rise of fintech impact banking and the business landscape?
Tan Chong Huat
RHTLaw Taylor Wessing
Fintech will disrupt and revolutionise the delivery of financial services, with the promise of more efficient, more transparent and customer-focused services.
Banks and financial institutions have started innovation labs, to bring fintech platforms under their wings. It is not surprising that MAS has aggressively promoted Singapore's FinTech festival with roadshows in major global financial centres.
To be sustainable, fintech platforms must have robust compliance and risk frameworks, as they are delivering core financial services to consumers.
Regulators need to also review their rulebooks, making sure that regulations do not stifle innovation, and are suited to the peculiar needs of fintech.
RHTLaw Taylor Wessing’s Head of Litigation and Dispute Resolution Practice, Roderick Martin, was featured in the May edition of the Asian Legal Business and Commercial Dispute Resolution in relation to his recent appointment with RHTLaw Taylor Wessing.
The article highlights the appointment of Roderick Martin as Senior Partner and Head of the Firm’s Litigation and Dispute Resolution Practice. Mr Martin brings with him a wealth of experience in the legal career since 1972 and specialties comes in many forms, such as, civil litigation, admiralty and shipping, as well as loan and security documentation including conveyancing, liquidations and receiverships. Mr Martin was previously a Senior Partner at his firm Martin & Partners and was also a Senior Partner at Ramdas & Wong.
The articles featuring Roderick Martin regarding his appointment can be found as per the below:
RHTLaw picks new litigation and dispute head – The full article dated Tuesday, 3 May 2016 can be found in Asian Legal Business
New disputes leader for RHTLaw Taylor Wessing – The full article dated Wednesday, 4 May 2016 can be found in Commercial Dispute Resolution.
RHTLaw Taylor Wessing Head of Private Wealth Practice Tan Choon Leng was featured in The Edge Singapore article titled “Spotlight on Shadowy Money”.
The article discussed about the Panama Papers leak which involved many country leaders and well known celebrities. It also highlighted the current trend of corruption, money laundering, tax evasion and offshore tax havens. Such cases have garnered a strong public interest and have made many headlines in the media.
Choon Leng gave his opinion on how to overcome and manage the risks involved in investments made with offshore companies. He commented that, “For some transactions, good planning can make the difference between a profitable and non-profitable investment.”
The full article dated Monday 2 May 2016, can be found in The Edge Singapore.