October 8, 2012

Partners invited to speak at 3rd Annual SIAS Corporate Governance Week

As part of RHTLaw Taylor Wessing’s commitment to excellence in corporate governance, two partners from the Firm’s Corporate & Securities Practice participated in the 3rd Annual Corporate Governance Week organised by the Securities Investors Association of Singapore (SIAS). The Corporate Governance Week is an annual event that aims to encourage good corporate governance practices in businesses in order to enhance shareholder value and contribute to the health and stability of the financial markets and the economy. Deputy Head of the Corporate & Securities Practice, Mr Lawrence Wong, presented at the panel discussion on "Proposed Measures to Protect Shareholders in Foreign Listings on the Singapore Exchange" where the panellists shared their views on 5 measures proposed by SIAS to SGX following the string of scandals involving foreign listings on SGX-ST, including the pros and cons, practical issues in implementation, legalities involved and suggested alternatives. Head of Private Wealth, Mr Tan Choon Leng presented at the panel discussion on "Governance for Family/Owner Managed Businesses. During this forum, panellists discussed the latest findings from a survey conducted by KPMG and CPA Australia on family owned businesses in Singapore of a certain minimum size. Topics discussed included succession planning where the founder is still active in the company and practical points in the application of a corporate governance regime on a family business.
October 5, 2012

RHTLaw Taylor Wessing congratulates RHT Capital on her appointment as sponsor for Chinese Global Investors Group Limited

RHTLaw Taylor Wessing congratulates RHT Capital on her appointment as the Sponsor for Chinese Global Investors Group Limited with effect from 2 October 2012. Chinese Global Investors Group Ltd and its subsidiaries are principally engaged in two streams of business: financial and investment services and the provision of quality waterproofing and building protection solutions and products. RHTLaw Taylor Wessing’s Corporate and Securities Deputy Head and Partner, Mr Lawrence Wong, is the appointed Registered Professional for Chinese Global Investors Group Limited.
October 4, 2012

RHTLaw Taylor Wessing congratulates RHT Corporate Advisory on her appointment by Earth Hour Global Limited

RHTLaw Taylor Wessing congratulates RHT Corporate Advisory on her appointment as the corporate secretarial agent by Earth Hour Global Limited with effect from 10 September 2012. Earth Hour was started by WWF as a one-city initiative in 2007 and has since grown to be the world's largest campaign for the planet, taking place in more than 7000 cities and towns across 152 countries and territories. Earth Hour's mission is to unite people to protect the planet, empowering individuals, businesses, governments and organisations to collectively work towards a more sustainable future for our world. RHTLaw Taylor Wessing’s Corporate and Securities Partner, Ms Kaylee Kwok will be the named Company Secretary for Earth Hour.
October 3, 2012

RHTLaw Taylor Wessing develops international private wealth capability

RHTLaw Taylor Wessing today announces the addition of an international private wealth specialist to our 30 partner office in Singapore. Ryan Myint, an award-winning partner specialising in advising international private clients, is relocating to Singapore from Taylor Wessing's London office for an initial period of five years, officially beginning on 1 October 2012. The South East Asian region is widely recognised as a rapidly growing economy where a great deal of private wealth is being created. Wealth reports from a number of authoritative sources, including Royal Bank of Canada-Cap Gemini, Credit Suisse and Julius Baer, all show that Asia has overtaken Europe and North America by number of high net worth individuals and that 50% of listed companies in Asia are family-controlled. Ryan will be working alongside RHTLaw Taylor Wessing’s Head of Private Wealth, Tan Choon Leng and the other partners in the group, to develop the firm's private client practice both in Asia and internationally, drawing upon the expertise of Taylor Wessing’s specialist private client partners worldwide. In conjunction with RHTLaw Taylor Wessing's local and regional experts, he will advise high net worth clients on matters of international private client law, for example giving strategic advice on international asset protection, succession planning structures, trust and estate disputes and the establishment and ongoing management of private and family offices.   Since August 2011, Ryan has been working closely with the partners of RHTLaw Taylor Wessing to grow the firm's private wealth platform in Asia. Ryan was a speaker at the highly regarded Private Client Forum Asia conferences in Singapore in 2011 and 2012, and is internationally recognised for his expertise as General Editor of the Journal of International Tax, Trust and Corporate Planning. Taylor Wessing's Private Wealth group has been recognised as a market leader in the UK, Europe and the Middle East for many years, most recently winning 'London Legal Team of the Year' at the STEP Private Client Awards, the most prestigious awards in the international private client world. The Group offers a fully integrated service for the ultra-wealthy who need expert and joined-up advice on their personal wealth structures, international tax planning, commercial and real estate investments, reputation management and immigration issues. Acting for many of the world’s wealthiest families, Taylor Wessing and RHTLaw Taylor Wessing are able to assist clients with an integrated service covering both private client and corporate needs. As many major corporate businesses in Asia are family-owned, RHTLaw Taylor Wessing is ideally placed to serve the full range of business and private needs of these families.  Ryan Myint comments: "I am delighted to be returning to my roots in South East Asia. My colleagues in Singapore combine an impressive breadth of expertise with depth of local knowledge. I am excited to be working with them to develop our private wealth practice in such a dynamic and entrepreneurial part of the world."  Tan Choon Leng, Head of Private Wealth at RHTLaw Taylor Wessing, comments: “Despite the fluctuations in the economy, the dynamic and significant changes in the international business and regulatory environment have been such that the demand from clients for the advice of our lawyers in the private wealth group has been unrelenting. Ryan’s arrival not only meets a current need but also greatly strengthens what we can offer our clients moving forward and we are very glad to have him with us.”   Tan Chong Huat, Managing Partner at RHTLaw Taylor Wessing, comments: "We are very excited about Ryan joining our team on the ground in Singapore. The firm has built its South East Asian practice very quickly over the past year on the strength of our relationships with our clients, who include some of the most influential families in the region. With Ryan onboard and under Choon Leng’s leadership, RHTLaw Taylor Wessing is one of the very few full service law firms in Singapore that offer both local and international wealth planning services to its clients and we look forward to continue working and growing with these clients and their advisors.”