{"id":39637,"date":"2023-05-10T02:19:06","date_gmt":"2023-05-10T02:19:06","guid":{"rendered":"https:\/\/www.taylorroot.com\/?p=39637"},"modified":"2023-05-10T02:19:13","modified_gmt":"2023-05-10T02:19:13","slug":"future-of-private-banking","status":"publish","type":"post","link":"https:\/\/www.taylorroot.com\/nl\/market-insight\/general-counsel\/future-of-private-banking\/","title":{"rendered":"General Counsel roundtable – Charting the future of private banking"},"content":{"rendered":"\n
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Taylor Root recently hosted an engaging roundtable breakfast \u2013 Charting the future of private banking<\/strong>. A small and exclusive event, we held it at the luxurious floating pod in Fullerton Bay Hotel where we welcomed nine top Regional General Counsels from the private banking industry.<\/p>\n\n\n\n

The morning commenced with a brief networking session and introductions and it was a great opportunity for our guests to meet and connect with their peers in the industry. We were privileged to have guest speaker, Evan Lam, Partner at Linklaters<\/a>, along with his Associate, Anil Shergil<\/a>, lead the session. As our guests tucked into a delicious and healthy breakfast, Evan shared insights on the ever-evolving use of AI and data analytics in the industry. He highlighted the crucial regulations and principles that must be upheld, including senior management accountability and liability to clients.<\/p>\n\n\n\n

Anil also shared his knowledge on the regulations surrounding digital assets within the banking sector, comparing Singapore’s regulations with the rest of the jurisdictions in Asia Pacific.<\/p>\n\n\n\n

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The discussions then shifted to the impact of ESG regulations on private banks and the potential litigation risks for non-compliance. Legal leaders from the industry were urged to work together to meet the challenge of pursuing sustainability goals while avoiding conflicts with competition laws.<\/p>\n\n\n\n

The roundtable also benefited from a deep dive into precedents that triggered litigation actions and enforcement trends for 2022 to 2023 in Singapore.<\/p>\n\n\n\n

We are delighted to have Evan join us, providing valuable insights and knowledge on key topics for the private banking industry. Equally, it was a pleasure to host our guests who took the time to join us and to share their experiences.<\/p>\n\n\n\n

Our market report and salary guide 2023-2024 will be launched soon and available to download – so do keep a lookout for that. For further information on the event or for assistance building out your legal team or making a move yourself, please contact May Lim.<\/a><\/p>\n<\/div>\n\n\n\n

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