Baker McKenzie

FinTech Legal Department

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What the team is known for Baker McKenzie Wong & Leow is one of the most prominent international firms operating in Singapore. It is praised for its broad understanding of such FinTech verticals as virtual currencies, blockchain and robo-advisory services. The firm also has financial and payments expertise and advises a broad range of companies from large global entities to Singaporean startups. Clients make note of its global reach when considering the firm's services.

Strengths"They take a holistic approach in supporting companies which operate in geographically dispersed countries. They have the breadth of looking across jurisdictions."

"They went above and beyond their 'billable time' in many cases to support our business, and also had a sense of curiosity in really solving challenging legal and regulatory challenges."

Work highlights Assisted Shareable Assets with obtaining its Capital Markets Services Licence from the Monetary Authority of Singapore, for the launch of a new asset tokenisation platform.

Notable practitioners

Stephanie Magnus
heads the firm's financial services regulatory and FinTech practice in Singapore. She is praised for her significant regulatory expertise with regard to digital payments and sits on a number of regulatory panels. Clients comment that she "has a really good pulse when it comes to understanding the nuance of the regulators" and appreciate that she is "creative and thinks outside the box."