RHTLaw Taylor Wessing congratulates our client, Putien for being awarded one star in the Michelin Guide Singapore 2016 for their Kitchener Road branch.
We are proud to serve a Michelin star restaurant in Singapore.
Rizwi Wun, Partner in our Intellectual Property & Technology Practice, is the client partner for Putien.
RHTLaw Taylor Wessing Head of Regulatory Practice Nizam Ismail was quoted in Bloomberg and The Independent (UK).
The report spoke about the move by the Monetary Authority of Singapore (MAS) to take action against four banks for serious lapses in their anti-money laundering controls. MAS preliminary findings uncovered “instances of control failings” in UBS Group AG’s Singapore branch, Standard Chartered Plc’s local unit and DBS Group Holdings Ltd., as well as “substantial breaches” of anti-money laundering regulations at Falcon Private Bank Ltd.
Nizam’s comment on Bloomberg “These enforcement actions by enforcement authorities and regulators in the US and Singapore relating to the seizure of assets relating to 1MDB are, in all probability, coordinated internationally, showing a common front to fight laundering of proceeds of crime.”
Nizam’s comment on The Independent (UK) “The law enforcement agency or regulators can only seize assets when there’s suspicion of an offence, meaning that the investigation has probably crystallised and they have identified some culpability.”
Allegations that billions of dollars have been improperly siphoned out of 1MDB has led to investigations across the globe – spanning from Abu Dhabi, Switzerland, and the Caribbean to Hong Kong and the United States.
Nizam’s full features can be found in the following news reports:
“UBS, Standard Chartered Targeted by Singapore for 1MDB Lapses” Bloomberg, 21st July 2016
“Standard Chartered and UBS assets seized in Singapore fraud case after ‘control failings’”, The Independent (UK), 21st July 2016
RHT i-Assets Advisory (“RHT i-Assets”), a full service Intellectual Property advisory and a subsidiary of RHT Holdings, announced that its Chief Executive Officer, Dr Jasmine Kway, has once again been named among the world’s leading Intellectual Property (IP) strategists in the 2016 edition of IAM Strategy 300 — The World’s Leading IP Strategists. Published annually by Intellectual Asset Management (IAM), the guide recognises IP professionals from around the world for their best-in-class expertise that maximise the value of their clients’ IP portfolios.
As a one-stop IP practice, RHT i-Assets works closely with companies and public institutions throughout their IP value chain, from creation to commercialisation and monetisation. Helmed by senior industry experts, the practice assists companies in Singapore and the region to commercialise their technology to entrench their market position. RHT i-Assets is a subsidiary of RHT Holdings, a leading professional services firm in Asia.
This year marks the fourth consecutive year that Jasmine has been named to the IAM Strategy 300. With her depth of experience formulating and implementing national IP policies and driving corporate IP strategies, Jasmine has advised and helped her clients derive maximum economic value from their IP rights.
“I am thankful and encouraged to be recognised and included once again in the IAM Strategy 300,” Dr Jasmine Kway commented.
“It is an honour to be amongst the world’s pre-eminent IP strategists. With IP increasingly being viewed as a business asset of fundamental importance, more companies are seeking out strategists who can rightly identify and advise them on the opportunities that their IP presents. Most importantly, companies are also seeking strategists who are able to help them monetise their IP assets in new markets and new applications,” she added.
"The IP market is becoming increasingly international, with companies across the world now focusing on creating maximum value from the assets that they own. That makes IP strategists more important than they have ever been before,"IAM editor Joff Wild noted.
The IAM research team spoke to a wide range of senior corporate IP managers in North America, Europe and Asia, as well as third-party IP service providers, in order to identify IP professionals whose strategies enabled IP owners to gain maximum value from their portfolios. Only those individuals nominated multiple times by different parties as outstanding IP strategists are listed in the IAM Strategy 300.
The IAM Strategy 300 is available in printed format and online at www.IAM-media.com/strategy300.