02 Oct 2018

Multi-jurisdictional legal and regulatory analysis for Singtel in SE Asia for proposed cross-border payments system

Partners Larry Lim, Kala Anandarajah and Tracy Wong from Rajah & Tann Singapore; Deepak Pillai from Christopher & Lee Ong; Indira Yustikania and Jim Gatmaytan from Gatmaytan Yap Patacsil Gutierrez & Protacio, are acting for Singapore Telecommunications Limited (SingTel) in providing multi-jurisdictional legal and regulatory analysis in Singapore, Philippines, Thailand, and Indonesia on the company’s proposed cross-border payments system that will allow users of an e-wallet provider in their home country to make payments to merchants acquired by e-wallet providers in foreign countries by way of a central transaction switching and financial clearing house entity in Singapore.