Baker McKenzie Wong & Leow

The Singapore International Arbitration Centre (SIAC) has announced its SIAC Rules 2025, effective January 1, 2025. Key features include a new Streamlined Procedure for swifter resolution of smaller disputes and enhanced existing mechanisms such as the Expedited Procedure and Emergency Arbitrator procedure - all designed to make arbitration more efficient and cost-effective for businesses. Our Dispute Resolution team breaks down what these changes mean for your business in our latest alert. Read more: https://lnkd.in/gaR9uCmw. Nandakumar Ponniya | Ashish Chugh | Richard Allen | Nicholas Tan | Yong Li Yap

We are thrilled to announce that Baker McKenzie Wong & Leow has received exceptional recognition in the 2025 Chambers Asia Pacific Guide - 27 Practice Rankings, including 5 prestigious Band 1 recognitions and 1 practice area promotion. Additionally, our lawyers have earned 43 individual rankings, with 4 new rankings and 5 improved rankings across various practice areas. Congratulations to all our ranked lawyers on this incredible achievement! For Baker McKenzie’s full rankings, read: https://lnkd.in/gpaE9bqY.

Our Financial Services Regulatory Local Principal Ying Yi Liew has contributed an insightful article to The Legal Industry Reviews on the regulation of Digital Token Service Providers (DTSPs) in Singapore. The article delves into the implications of the Monetary Authority of Singapore (MAS)’s proposed extension of its licensing regime for Singapore DSTPs providing services outside of Singapore. This initiative aims to mitigate the risks of regulatory arbitrage and ensure a robust regulatory framework for digital assets and the Fintech sector in Singapore. Read the full article to understand how these changes could impact the digital token landscape and what it means for Singapore service providers operating internationally in the global Fintech market: https://lnkd.in/g6rV4qmU.

The intersection of AI and wealth management isn't just transforming portfolios—it's redefining what's possible in financial services. Swipe to explore the key AI-powered trends that are shaping the future of wealth management.   Dive deeper into the dual narrative of innovation and regulation in AI-powered wealth management in this LinkedIn article by our Financial Services Regulatory Principal Stephanie Magnus and Arta Finance’s CEO and co-Founder Caesar Sengupta: https://lnkd.in/gZuhN_4u. For more Baker McKenzie insights on AI in Financial Services, visit: https://lnkd.in/gqrEbUF4.

AI is transforming wealth management, unlocking new opportunities for personalized investment strategies and enhanced decision-making. Our Financial Services Regulatory Principal, Stephanie Magnus, joins Arta Finance's CEO and co-Founder, Caesar Sengupta, to explore both the possibilities and regulatory considerations shaping this evolution. Read their full insights in this article.

We are honored to receive Band 1 ranking for FinTech Legal in the Chambers and Partners FinTech 2025 Guide —marking our seventh consecutive year. Special congratulations to our outstanding Financial Services Regulatory team: Stephanie Magnus for maintaining her Band 1 ranking in Singapore FinTech Legal, Ying Yi Liew for her advancement to Band 2, and Eunice Tan for her debut recognition in this category. For Baker McKenzie’s full rankings, read: https://lnkd.in/gaC6YXgG.

From 16 December, Singapore will implement the Shared Responsibility Framework (SRF). This collaborative effort between the Monetary Authority of Singapore (MAS) and the Infocomm Media Development Authority (IMDA) aims to strengthen defenses against phishing scams by establishing clear accountability measures for both financial institutions and telcos. Our Financial Services Regulatory Local Principal, Ying Yi Liew, provides insights into the SRF's impact on consumers, banks, and telcos in a recent interview with Singapore Business Review. Read the full article here: https://lnkd.in/enNAB_rm.

Congratulations to our Paul Rawlinson Award winners, led by Eunice Tan, Astha Malik and Lenvin Tan! We are honoured to partner Access Singapore on their Empower Program – a social mobility initiative providing tertiary students from all backgrounds with equitable access to career opportunities and mentorship.

Last week Baker McKenzie’s Energy & Infrastructure group held the 2024 Asia Pacific Energy Transition Academy - a hybrid technical training event which took place on 27 and 28 November in Singapore and virtually via Zoom. The event brought together 23 speakers and over 180 participants from Baker McKenzie and client organizations. Across the two days, our Energy & Infrastructure partners and experts from across the region came together to present on a series of #energytransition related topics including key legal and regulatory development updates across the Asia Pacific region, offshore wind, LNG, hydrogen, sustainable fuels, carbon markets, climate-related disclosures and greenwashing. Baker McKenzie is at the forefront of market-leading deals within this context in the renewable energy and clean technology sector. Our multidisciplinary global team helps energy producers, investors and users forge their energy transition journey in an increasingly complex regulatory environment, enabling them to transform, powerfully. Read more about how we can help here: https://lnkd.in/geCxBTCm.

The Monetary Authority of Singapore (MAS) has announced its response to industry feedback on the proposed framework for Single Family Offices (SFO). This enhanced framework introduces a more streamlined operational measures and enhanced compliance requirements that will reshape how SFOs operate in the financial hub. Our Financial Services Regulatory and Tax experts unpack the key elements in the framework, including class licensing exemption, qualifying criteria, notification and reporting requirements and implementation plan.   Get an in-depth breakdown of these changes in this alert: https://lnkd.in/ghdRhahH. Insights provided by: Stephanie Magnus Dawn Quek Eunice Tan Ying Yi Liew Enoch Wan