Mr Eric Chan > Shook Lin & Bok LLP > Singapore, Singapore > Lawyer Profile

Shook Lin & Bok LLP
1 ROBINSON ROAD
#18-00 AIA TOWER
SINGAPORE 048542
Singapore
Eric Chan photo

Work Department

Banking & Finance; Environmental, Social and Governance; Financial Services Regulatory

Position

Eric Chan heads the financial services regulation practice. His work includes advising and helping banks and other financial institutions to understand and comply with Singapore financial regulatory rules and regulations. He works with financial institutions new to the Singapore market in helping them secure the requisite approvals, authorisations or exemptions, as well as existing financial institutions in relation to ongoing compliance issues. Eric’s work covers the full spectrum of the financial services sector in Singapore, and he works regularly with banks, financial advisers, insurers and insurance brokers, fund managers, securities brokers and other intermediaries.

Eric is also extensively involved in advising various financial institutions as well as corporate clients on privacy and personal data protection, as well as anti-bribery controls.

Eric started private practice doing general commercial and corporate litigation. He later joined the Monetary Authority of Singapore as in-house counsel, where he provided legal support and advice on various regulatory initiatives. During this time, Eric also concurrently taught banking law as an Adjunct Senior Fellow at the National University of Singapore. In 2003, Eric was seconded from the Monetary Authority of Singapore to the Bank for International Settlements in Basel, Switzerland, as a research fellow where he wrote a paper on payment systems law. After his stint, he re-joined the Monetary Authority of Singapore MAS as Head of International & Regional Relations where he led a policy team working on international central banking issues, including implementation of various international regulatory standards within Singapore. In 2006, Eric joined American Express Bank and served as the Regional Director for Compliance & Ethics responsible for compliance matters across the Asia-Pacific region. Eric returned to legal practice in 2008 and was until 2014, a director in another leading Singapore law firm where he had helped to set up and lead their financial services regulation practice.

Languages

English; Mandarin

Education

Advocate & Solicitor, Singapore, 1993
LLM, University College of London, 1998
LLB (Hons), National University of Singapore, 1992

Lawyer Rankings

Singapore > Fintech and financial services regulatory: local firms

Steered by Eric Chan, who has considerable experience in the MAS, Shook Lin & Bok LLP‘s financial services regulatory team handles the entire spectrum of regulatory and transactional matters in the financial services space, and often contributes to the development of related regulations in Singapore. Working in close collaboration with the banking and finance group, practitioners are proficient in compliance, business conduct requirements and licensing issues, and boast expertise in mandates involving anti-money laundering, data privacy and payments services. Financial institutions, venture capitalists, tech companies and asset managers often instruct the team in matters pertaining to capital raisings, M&A and cryptocurrencies. Andrea Ng leads on fintech-related matters, with a particular focus on the regulatory regime surrounding token offerings.