FinTech Legal - Thailand
What the team is known for
The team at Baker McKenzie advises major FinTech clients on regulatory and data protection matters. The firm is well-equipped to deal with international and domestic matters. The team assists with sophisticated licensing and product structuring questions for payments systems, banking projects and cryptocurrency exchanges.
Strengths
"They can solve complex issues because they have a lot of experience in financial services and the IP market. They know how to go about implementing the tech as they understand this FinTech market. They are available for calls and they are generous with their time."
"They earn respect from the private sector, regulators and public agencies. Some exceptional female lawyers lead the team."
"Our situation and problem were complicated, but Baker McKenzie could handle them professionally. Their staff are the subject matter experts in the domain. They are highly responsive and very accessible."
Work highlights
Baker McKenzie advised CIMB Thai Bank on its agreement with PT Bank Central Asia concerning QR code payments in cross-border transactions across Thailand and Indonesia.
Notable practitioners
Kullarat Phongsathaporn is a partner leading Baker McKenzie's FinTech and digital asset teams in Thailand. Her practice has a strong regulatory focus, assisting banks and start-ups on financial products in payments and digital tokens. "Kullarat is very knowledgeable." "Kullarat is highly professional and has impressive work quality."