There is a naked ambition in Singapore for it to become a global fintech hub. Singapore has adopted a proactive approach to strengthening fintech by forming international partnerships and ensuring its regulators remain ahead of the curve.

Singapore's financial technology industry will likely become a global fintech hub if it continues to mature through its application in several industries and efforts to build a cohesive digital ecosystem.

To find out how Singapore can achieve this ambition, we spoke with Andrea Ng, partner at Singapore-based law firm Shook Lin & Bok LLP.

To find out more about crypto regulations in Singapore, visit https://www.shooklin.com/en/

Andrea specialises in trust, asset and wealth management matters with a focus on REITs. She advises on securities, funds, capital markets intermediaries and trusts-related regulatory matters such as capital markets licensing and securities offering requirements, private trusts and wealth management matters. She also advises on the establishment of private funds and handles the full range of fund documentation.

Andrea also advises on a wide range of corporate finance matters, such as listed company transactions, as well as general corporate matters, such as private equity investments and start-up funding matters.

More recently, Andrea has been advising on regulatory and transactional matters related to virtual assets/digital tokens and in particular, the regulatory regime surrounding token offerings. She has also advised intermediaries operating in the virtual assets/cryptocurrency space such as issuers and platform operators on the relevant licensing and regulatory requirements.