Well-regarded for its ‘in-depth knowledge of the regulations across different financial services and products’, the team at Allen & Gledhill LLP covers a wide range of both contentious and non-contentious matters, from banking and corporate finance to financial services sector reorganisations and business conduct requirements. The team excels in licensing advisory for fintechs and handling crypto disputes, and it is actively involved in shaping new regulations through its consultative role. The leadership team includes: Francis Mok, who is a key port of call for banks, securities dealers, futures brokers and fund managers; Adrian Ang, who is described as ‘formidable, brilliant and honest’; Karen Tiah, who is lauded as ‘very experienced and technically sound’; and Alexander Yap focuses on the acquisition, divestiture, provision, sharing of technology and IP-related assets. Aaron Lee is a commercial litigator with expertise in employment, white-collar, regulatory and compliance matters, while Zhi Feng Tan focuses on advising financial institutions on the regulations affecting their business.

The ‘extremely helpful’ team at Baker McKenzie Wong & Leow, praised for its ability to provide clients with ‘practical legal advice’, attracts an impressive roster of national and international banking clients, leading fund managers, and fintechs. The team excels in a broad range of fintech mandates, with particular strength in payments, data protection, privacy, and cybersecurity. Practice head Stephanie Magnus frequently advises on fintech models such as equity and debt crowdfunding, digital advisory platforms, payment service models and tokenisation. Eunice Tan specialises in regulatory, legal and compliance matters in the financial services and fintech models, and Ying Yi Liew is praised for her ability to go the ‘extra mile to assist her clients’.

The ‘hands on’ team at Rajah & Tann Singapore LLP excels in providing regulatory advice on innovative financial projects, complex cross-border transactions, and crowdfunding initiatives. The practice handles payment services license applications, NFT product launches, digital token issuances, and venture capital fundraising, making them a standout in these areas. Steering the practice is Regina Liew, who handles advisory, transactional as well as enforcement matters for banks, all classes of financial institutions and businesses. She is supported by deputy head Larry Lim, whose practice spans a wide range of sectors, including banking, securities, derivatives, commodities, financial advisory, and payment systems. A litany of financial institutions turn to Benjamin Liew for his assistance on a wide range of matters, particularly on China’s legislative framework for derivatives.

Highlighted as ‘efficient and very knowledgeable’, the team at WongPartnership LLP is noted for its work on cutting-edge projects like blockchain-based stablecoins, digital banking platforms, and telemedicine. The practice is also highly regarded for its expertise in navigating payment services license applications for digital asset service providers. Elaine Chan and Joy Tan jointly lead the FSR practice at the firm, and are noted for their extensive regulatory experience advising a broad spectrum of financial institutions on a host of matters. Rosabel Ng is noted for her specific focus on the regulation of derivatives and structured products, as well as regulatory compliance and advisory matters relating to primary financial market infrastructure providers, while Lam Chung Nian earns praise for his ‘very practical and sound advice to clients with a sensible analysis of the legal framework’. Other notable individuals include: Sin Wei Ong, who stands out for his corporate finance expertise; Kyle Lee, who specialises in venture capital and start-up matters; Sion Yoong Tian lauded for his ‘best in class working knowledge with leading global financial institutions’; Kylie Peh, noted for her work on both contentious and non-contentious matters; and Chan Jia Hui.

The fintech and FSR team at Dentons Rodyk offers deep expertise in capital raisings, privacy and data protection, regulatory compliance, and tax. With a diverse roster of clients on its books, the team is renowned for its extensive expertise advising on cross-border matters. Kenneth Oh has extensive experience advising on blockchain and DLT initiatives, including token offerings, DeFi, cryptocurrency, and the establishment and licensing of digital asset exchanges and service providers. Hsu Li Chuan's practice covers blockchain and DLT, while Jacqueline Loke is well-versed in compliance issues.

Noted as a ‘creative firm that is able to navigate through tricky work’, OC Queen Street’s fintech and FSR practice is particularly renowned for its expertise in digital payments, decentralised protocols, digital platforms, and fundraising initiatives. At the helm sits Chia-Ling Koh, whose broad experience includes advising fast-growth companies and MNCs in the technology, media, communications, fintech, payments, and blockchain sectors on both regulatory and litigation matters. Managing associate Norvin Chan is noted for his specialism in TMT matters.

Lauded for its ‘deep industry expertise’, the ‘very reliable and solution oriented’ team at Drew & Napier LLC excels in structuring payment solutions and managing regulatory issues for digital platforms, while also seeing a rise in instructions related to ICOs and cryptocurrency. Benjamin Gaw, a ‘ technically very sound lawyer’, is highly experienced in advising both emerging and established payment solutions providers, with a proven track record in fintech licensing and regulatory matters. Chua Tju Liang is frequently instructed by PE houses and funds on a range of complex cross-border transactions, Grace Chong has been described as a ‘legal powerhouse’ with a  ‘very strong reputation’.

With deep expertise in fintech, financial services regulation, and payment services, the team at Shook Lin & Bok LLP excels in areas such as business conduct requirements, licensing, and anti-money laundering and sanctions advice. The practice is jointly steered by Andrea Ng and Eric Chan. Ng focuses on trust, asset, and wealth management, particularly with REITs, where she brings extensive experience in handling transactions such as initial public offerings, while Chan overs all aspects of the financial services sector in Singapore, regularly collaborating with banks, financial advisers, insurers, brokers, fund managers, and other intermediaries.