RHTLaw Taylor Wessing is pleased to announce the promotions of Jack Ow as a Partner in our Intellectual Property & Technology Practice, and Napolean Koh as a Partner in our Litigation & Dispute Resolution Practice with effect from 1 July 2016. Jack handles a broad spectrum of intellectual property and technology matters. He regularly advises on technology transactions, data protection, cyber security and regulatory compliance, especially for info-communication and technology (ICT) industries. As a Certified Information Privacy Technologist (CIPT) accredited by IAPP and having a keen interest in ICT developments, Jack believes in seeking customised legal solutions that take into account the challenges in design, deployment and auditing of IT products and services, while balancing the role that technology companies increasingly fill as arbiters of trust in today’s data-driven global economy. Napolean’s main areas of practice encompass both front-end advisory work for various construction, infrastructure and energy-related projects, as well as contentious work involving owner-developers, consultants and contractors at various stages of proceedings and forums. Napolean strongly believes that dispute resolution mechanisms and choice of forum issues should be carefully considered and crafted at an early stage, in order that client’s interests and rights are protected and not prejudiced in any way.
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