Eunice Tan

Eunice advises financial institutions and technology businesses throughout the lifecycle of regulated operations, from market entry, licensing and product design to regional expansion, strategic transactions and regulatory change. Her practice spans banking and wealth management, fund management, brokerage and markets, payments, fintech and digital assets, custody, and insurance. She advises on the Securities and Futures Act, Financial Advisers Act, Insurance Act, Banking Act, Payment Services Act, Trust Companies Act and other legislation applicable to the financial services, insurance and payments industries.

Her work includes establishing and structuring regulated businesses; obtaining licences, exemptions, change-of-control approvals and other regulatory approvals; launching and distributing financial products and services; designing cross-border operating and distribution models; and developing conduct-of-business, AML/KYC, outsourcing, risk management and compliance frameworks. She also advises on regulatory change projects, fund registrations, and regulatory and internal investigations. In transactional matters, Eunice advises on mergers and acquisitions, joint ventures, business transfers and restructurings involving regulated institutions, with a focus on transaction structuring, regulatory due diligence and approvals. She frequently leads multijurisdictional projects and coordinates regional and global teams to deliver clear, commercially workable outcomes.

Private Banking and Wealth Management

• Advised international and regional banks on establishing and expanding private wealth management businesses in Singapore and across Asia, including Julius Baer Group on its joint venture with Siam Commercial Bank to establish and operate private wealth management businesses in Singapore and Thailand, and a leading Taiwanese bank on the expansion of its private-banking business in Singapore. The work included securing regulatory approvals, structuring the businesses and service models on a regulatory-compliant basis, and preparing customer agreements.
• Advised LGT Group Foundation on its acquisition of ABN AMRO’s private banking business in Asia and the Middle East, comprising USD 20 billion in assets under management, including transaction structuring, regulatory advice and approvals for an unprecedented cross-jurisdictional transfer of banking business from Dubai to Singapore.

Fund Management and Investment Firms

• Assisted leading asset managers, private equity and venture capital firms, hedge fund managers and multi-family offices with establishing Singapore operations, obtaining capital markets services licences and cross-border exemptions, and implementing AML/KYC, risk-management, regulatory-reporting and compliance frameworks, including securing a licence for one of China’s largest asset managers.
• Advised global private equity firms on acquisitions of capital markets intermediaries in Singapore, including regulatory due diligence and change-of-control applications to the MAS.

Brokers and Market Operators

• Advised Euronext FX on establishing its foreign exchange trading platform in Singapore and securing recognition from the MAS as a recognised market operator.
• Advised a US multinational financial services company on restructuring its Singapore brokerage business, including exiting its retail segment and expanding its non-retail brokerage and wealth-related products and services.
• Assisted securities brokers, including a leading US mobile-first brokerage platform, with establishing Singapore operations, obtaining capital markets services and financial advisory authorisations, structuring custodial and product-financing services, and preparing customer agreements.

Blockchain, Digital Assets and Payments

• Advised leading regional and global banks on tokenised deposit services and a proposed bank-group-issued stablecoin for domestic and cross-border remittances, cash pooling and corporate treasury management, including regulatory classification, legal risks and liabilities, customer agreements and risk disclosures.
• Advised a leading social-media platform group on licensing and regulatory issues across its e-commerce and creator platforms, including virtual coins convertible into cash or cash-based remuneration, coupons and other payment features.
• Advised payment and digital-platform businesses on obtaining and operating under major payment institution licences, including customer terms and compliance frameworks and the acceptance of stablecoins and other cryptocurrencies in merchant-acquisition services.

Custody and Cross-Border Regulatory Projects

• Advised bank members of the Association of Global Custodians on Singapore client-money and client-asset rules and the recoverability of client money and assets upon a custodian’s insolvency.
• Advised multinational banks and fund managers on cross-border licensing and regulatory requirements for private banking, investment banking, trust and wealth management, commercial banking and fund management offerings; acted as coordinating counsel for regulatory surveys, country manuals and conduct policies spanning up to 20 jurisdictions.

Insurance Transactions and Distribution

• Advised on significant insurance transactions and distribution arrangements, including a bidder on the proposed acquisition of HSBC Life Singapore, Sompo Japan Nipponkoa on the court-approved transfer of its Singapore insurance businesses, and private banks on the distribution of life and universal life insurance policies. The work included regulatory due diligence, transaction structuring, insurance-business transfer requirements, and regulatory requirements (including remuneration structures) applicable to the distribution of life and general insurance products.

• Next Generation Partner for Financial Services Regulatory: Local Firms by Legal 500 Asia Pacific; 2016–2026
• Chambers Band 3, FinTech Legal 2025–2026

• Barrister-at-Law (Lincoln’s Inn, England) - Member 
• Law Society of Singapore - Member 
• Singapore Academy of Law - Member