The Payment Services Act 2019 (PS Act) came into force on 28 January 2020, commencing a new era in Singapore payments regulations. The new PS Act aims to enhance the regulatory framework payment services in Singapore to strengthen consumer protection and promote confidence in the use of e-payments. To help firms transit to this new regulatory regime, it has initiated a Payment Regulatory Evaluation Programme (PREP) to connect them with legal services providers to support this transition.
RHTLaw Asia is proud to be one of the legal advisors recommended by the Singapore Academy of Law (SAL).
Our partner, Ch’ng Li-Ling has previously conducted a webinar highlighting the practical and legal implications of the PS Act. It talks about how the PS Act will affect FinTech activities in Singapore and what action FinTech firms should take to keep up with these new changes. Find out more below.
RHTLaw Asia is a market leader in this sector and has worked with international companies, both in the financial services and technology sectors, providing a wide variety of solutions. Our team advises financial institutions, FinTech firms, investors on:
We are passionate about learning how innovation is transforming financial services. We regularly contribute thought leadership articles, and profile at seminars, on capital markets issues, implications of Fintech developments on corporate finance and securities regulations.
Partner, Acting Head, Financial Services (Regulatory) Practice
|Amanda Chen, Partner, Corporate and Capital Markets Practice||Jeremiah Huang, Partner, Corporate and Capital Markets Practice||Ng Yi Wayn, Partner, Corporate and Capital Markets Practice|