Webinar: COVID-19 and the Acceleration of Digital Payments and Financial Services in Asia-Pacific – Opportunities and Challenges (Part 1)

Event Highlights


In the first of our APG (ASEAN Plus Group) Fintech webinar series, we are delighted to bring you insights on how COVID-19 has accelerated the growth of Digital Payments and the digital transformation of Financial Services in Singapore, Cambodia and India.

This webinar is brought to you in collaboration with Xfers.

APG (ASEAN Plus Group) is a group of full-service and well-established law firms in Asia, with strong local knowledge and international expertise. The group functions as a bridge for our clients to venture regionally with confidence. APG provides clients direct access to 14 lucrative markets in the region, including Singapore, Australia, Bangladesh, Cambodia, China, Hong Kong, India, Indonesia, Malaysia, Philippines, South Korea, Taiwan, Thailand and Vietnam. Together our APG team is not only attuned to the nuances of working in Asia, but also possesses the added perspective and expertise of an international firm.


Hear from our partners from these jurisdictions:


  • Overview of Digital Payments and Financial Services
  • Applicable Legal & Regulatory Regime
  • Impact of COVID-19
  • Opportunities for Digital Transformation
  • Analysis of Challenges and Issues


  • Introduction to Financial Institutions
  • FinTech Ecosystem
  • Impact of COVID-19 – opportunities and challenges to the digital payment services
  • De-dollarization – The Bakong Project
  • Future of FinTech– Government Initiatives Vs. Private Sector


  • Introduction to Payment and Fintech regulatory framework
  • Impact of COVID-19 on digital payments
  • Opportunities & Challenges due to COVID-19
  • Steps by the RBI
  • What does the future entail


Featuring Our Guest

Samson Leo
Co-founder and
Chief Legal Officer

Samson Leo heads the Legal, Risk, and Compliance departments of Xfers and also focuses on the other internal support services such as Human Resources and Finance. He strategises practical and commercial-centric solutions to ensure that the company’s products, services and business processes meet clients’ requirements while remaining compliant with relevant regulations. He led a cross-departmental working group which successfully obtained MAS approval in 2019 for Xfers to become a widely accepted stored value facility, one of only six in Singapore. Samson’s compliance leadership was also recognised in 2018 when the Singapore Police Force awarded Xfers for its continued efforts in protecting and recovering clients’ money in the spate of cybercrime and scams. Xfers then received a second Police Award from the Head of Cybercrime in 2020 for its collaboration with local banks and the police in stopping a new wave of impersonation scams.


Meet Our Speakers

Ch’ng Li-Ling
RHTLaw Asia

Ch’ng Li-Ling is one of the founding members of RHTLaw Asia and heads the Financial Services (Regulatory) Practice. Her areas of practice include corporate and securities laws, capital markets, mergers and acquisitions, securities and financial services regulatory compliance, and corporate governance. She advises financial institutions, FinTech firms and investors on acquisitions and capital-raising, on MAS licensing and regulatory requirements for capital markets services providers, operators of organised markets and payment services providers on digital token issuances and the establishment of digital assets exchanges and e-payments platforms.

HOUN Vannak
Managing Partner
RHTLaw Cambodia
Mr. Houn Vannak is a registered and recognized member of the Bar Association of the Kingdom of Cambodia (BAKC). Mr. Vannak has strong knowledge of Cambodia commercial and investment regulatory frameworks, he has advised clients in many various sectors to maximize their investment opportunities throughout the investment while minimizing the risks and costs from acquiring business licenses as they look to invest in Cambodia. His areas of expertise include Corporate, Industrial, Real Estate and Infrastructure, Financial Institutions, Investment and Dispute Settlement.

Dhanisha Giri
Anant Merathia &
Associates (AMA)
Dhanisha Giri focuses on corporate restructuring and other corporate laws. She is instrumental in corporate advisory to foreign clients. She is also part of the firm’s International Desk. She is part of a dedicated team focusing on corporate insolvency work and Oppression/Mismanagement matters before the National Company Tribunals.


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As always, should you require more information or help, please reach out to us or you can check out our COVID-19 resources here.