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 has been nominated as a finalist in eight categories by Asian Legal Business Southeast (ALB SE) Asia Law Awards 2016.
The nominated categories are:
Arbitration Law Firm of the Year
Banking and Financial Services Law Firm of the Year
Commercial Litigation Law Firm of the Year
Construction and Real Estate Law Firm of the Year
Corporate Citizenship Law Firm of the Year
Intellectual Property Law Firm of the Year
Matrimonial Law Firm of the Year
Managing Partner of the Year
Asian Legal Business is hosting the presentation of 36 awards before Southeast Asia's legal circle. This black-tie banquet will be graced by illustrious members of the bench, legal associations and business circles, law firms, in-house departments, and the legal academe from across Southeast Asia.
RHTLaw Taylor Wessing’s Corporate and Litigation & Dispute Resolution Partner Patrick Dahm published a post on Taylor Wessing’s Partner Peter Bert’s dispute resolution blog titled “Singapore to Ratify Hague Convention on Choice of Court Agreements”.
The post is about Singapore Parliament passing the Choice of Court Agreements Bill, about a year after Singapore signed the Convention. It describes the Convention requirements and how the Choice of Court Agreements Act implements the Convention regime.
To view the post, please click here.
RHTLaw Taylor Wessing’s Intellectual Property & Technology Partner Wun Rizwi has been recognised as “Leading Patent Lawyer” in the 2016 edition of Who’s Who Legal: Patents 2016.
The Who’s Who Legal revealed the world’s leading patent lawyers in the aforementioned annual volume, published in May 2016. The results were obtained after conducting comprehensive, independent survey work with both general counsel and private practice lawyers worldwide.
The Management, Partners and staff congratulate Rizwi on this achievement!