Banking & Finance: Regulatory
Asia-Pacific Guide 2024 : Singapore
Band 2
Email address
[email protected]Contact number
+65 6416 8000About
Provided by WongPartnership LLP
Our Banking & Finance Practice specialises in structuring, documenting and advising on various types of finance transactions. As advisers to domestic and international banks, financial institutions and corporations on a wide variety of loan transactions, we have a depth of knowledge that allows our highly regarded team to be a preferred choice for some of the largest and most intricate transactions in town.
Our expertise extends to bilateral, club and syndicated loans; acquisition, project, trade, construction, asset, and asset-backed financing; sale and purchase of loans; advising on and documenting of security structures; restructuring of loans and reviewing and drafting of bank standard documentation.
As a cross-disciplinary practice, our Financial Services Regulatory Practice offers practical advice on a broad range of financial services regulatory and compliance matters in a rapidly changing regulatory environment. We possess deep knowledge and practical insights on the various regulatory regimes that govern financial institutions.
Our expertise enables us to provide comprehensive advice on banking secrecy issues, anti-money laundering concerns, outsourcing arrangements, and rules relating to the sales and marketing of investment products, among other matters.
Our disputes lawyers guide clients through rigorous enforcement investigations under the securities regulation and anti-money laundering legislation.
Chambers Review
WongPartnership maintains its reputation as a leading banking legal team in Singapore, advising an impressive cohort of major financial institutions, such as UOB, as well as blue-chip companies. The team frequently acts for large property groups. The banking and finance practice is known for its deft handling of bank lending and corporate borrowing matters, and additionally active in acquisition and project financing. It offers impressive financial services regulatory expertise, advising clients on the full suite of regulatory mandates from licensing applications and fintech-related advice to regulatory investigations. The firm counts Keppel Infrastructure and Bain Capital among its clientele.
Work Highlights
- WongPartnership assisted Pacific International Lines as borrower with its rescue financing of USD400 million through investment by a wholly-owned subsidiary of Temasek Holdings.
- The firm advised Coinhako on compliance work relating to its position as a holder of a major payment institution licence under the PSA for digital payment token services.
Strengths
Provided by Chambers
"There is an excellent bench of talent in WongPartnership's banking and finance team who provide exceptional advice and service for reasonable fees."
"WongPartnership has a good team of very knowledgeable partners who are very good and proactive at following up if there are aspects that my team need to complete to keep moving."
"The team has deep understanding of financial services regulations in Singapore and the undercurrents governing the implementation of such regulations."
"There is an excellent bench of talent in WongPartnership's banking and finance team who provide exceptional advice and service for reasonable fees."
"WongPartnership has a good team of very knowledgeable partners who are very good and proactive at following up if there are aspects that my team need to complete to keep moving."
"The team has deep understanding of financial services regulations in Singapore and the undercurrents governing the implementation of such regulations."
Notable Practitioners
Susan Wong heads the banking and finance practice, and is renowned for her banking expertise in areas including acquisition and real estate financing. She further assists clients with matters related to interest rate benchmark transitions.
"Her experience and network throughout the entire banking sector are extremely valuable to clients."
"Susan is a very good lawyer. She has a very good presence and gravitas about herself; she can command a room well."
Elaine Chan remains a market leader in banking and finance regulatory matters, with expertise in fintech regulation. Her expertise includes advising on bank licensing requirements and compliance.
"Elaine has been very responsive and helpful. She is able to deliver clear and useful advice."
Alvin Chia enjoys a robust property financing practice, including in relation to data centres. He often assists clients with the restructuring of existing facilities.
"Alvin Chia has exceptionally strong technical abilities and is incredibly helpful and competent."
Christy Lim has experience of financing, including property mandates. She represents both borrowers and lenders, as well as security trustees. Lim often advises her clients on large-term and syndicated loans and is active in the area of sustainability-linked financings.
"Christy is my go-to banking and finance practitioner. She is seasoned, practical and commercial. With Christy, I always know quality is assured as well as responsiveness, all within the agreed cap."
Tian Sion Yoong is specialised in banking regulatory matters as they pertain to fintech, as well as structured finance. Tian is also well versed in matters concerning carbon regulations.
"Sion Yoong is a commercially driven lawyer and has the ability to transform complex legal issues into client-oriented advice."
Bernadette Tan is a well-regarded partner in WongPartnership's banking and finance team. She has a growing reputation for real estate finance mandates, particularly those with sustainability-linked facets.
"One of the best young banking lawyers in the country. She is efficient, cuts through the fluff and already has a great breadth of experience."
"Bernadette is an excellent lawyer who provides effective and concise advice on banking matters."
Ranked Lawyers at
WongPartnership LLP
Singapore
Members
Provided by WongPartnership LLP
Bernadette Tan
Head of Department
Felix Lee
Jia Hui Chan
Joy Tan
Li Wen Tan
Sean Yu Chou
Sion Yoong Tian
Head of Department
Yuh Huey Khoo
Industries
Provided by WongPartnership LLP
- Automobiles & Parts
- Banks
- Commercial & Professional Services
- Consumer Product Manufacturing
- Education
- Energy
- Financial Services
- Food & Drink Producers
- Government
- Health Care
- Insurance
- Mining & Metals
- Pharmaceuticals & Life Sciences
- Private Clients/Individuals
- Real Estate
- Real Estate Finance
- Retail
- Sports
- Technology, Hardware & Electronics
- Telecommunications
- Transportation
- Utilities