Law firms Allen & Gledhill and Rahmat Lim & Partners have jointly introduced their financial technology practices for Singapore and Malaysia respectively.

The new fintech practice will deal with financial regulatory issues, technology and intellectual property and provide legal solutions in an area which challenges traditional legal and regulatory boundaries.

Rahmat Lim & Partners said: “FinTech often presents a tension between an innovative business model and characteristics that are not readily applicable to current regulations.

“With many years of legal experience and frequent engagement with regulators and other Government authorities, we distil the policy concerns underpinning legislation and combine them with an appreciation for the commercial concerns of our clients.”

Singapore fintech practice co-heads are Allen & Gledhill's Adrian Ang and Alexander Yap, and the co-heads of Malaysian practice at Rahmat Lin & Partners are Wan Kai Chee and Raymond Yong.

Allen & Gledhill's range from venture capitalists, traditional fund man​agers, global banks, mature and emerging Fintech companies, and start-ups, to technology service providers.

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By GlobalData