Fintech & Virtual Assets Ronald JJ Wong Fintech & Virtual Assets Ronald JJ Wong

Digital Assets in the Metaverse of Madness

Cryptocurrencies, digital payment tokens, security tokens, Non-Fungible Tokens (“NFTs”), blockchain technology, virtual land, metaverse – these “buzz words” have become commonplace in our world today – whether in the news or in our social circles.

With such vast amounts of money being pumped into the digital asset landscape, it is no wonder why more people are considering investments in digital assets. This however makes the question of the legal implications and intricacies regarding digital asset ownership all the more important to examine.

Read More
Corporate Finance, Fintech & Virtual Assets Covenant Chambers Corporate Finance, Fintech & Virtual Assets Covenant Chambers

Director Ronald JJ Wong quoted in The Business Times article on regulating the crypto world

Director Ronald JJ Wong’s recommendation for cryptocurrency exchanges and digital asset wallet providers to consider implementing a mechanism for customers to freeze their accounts to foster trust and facilitate wider user adoption was featured in The Business Times.

Read More

Leaving behind digital assets as inheritance in Will / Estate

Digital assets are an often-overlooked class of assets that most people do not specifically provide for in their Wills. Given that the number of people who own some form of digital assets has risen considerably over the last few years, it would be wise to consider the question of how digital assets can be specifically provided for in a Will and practically managed for leaving behind as an inheritance.

Read More
Ronald Wong Ronald Wong

Environmental, Social & Governance (ESG) regulatory advice and consultancy

ESG stands for environmental, social and governance. Businesses will increasingly be scrutinised based on ESG metrics. The global and national regulatory frameworks are shifting towards mandatory disclosure and reporting on ESG metrics. This article considers ESG issues, ESG-related regulations and obligations in Singapore, and what businesses should consider doing regarding ESG and ESG-related risks.

Read More
Ronald Wong Ronald Wong

Buyers Beware: Foreign Ownership of Indonesian Residential Property

The recent dispute in Indah Puri Golf Resort in Batam, which was reported to have affected foreigners including Singaporeans, highlights a case of a lease which expired in 2018. When the resort was launched in 1993, the apartments were not available for foreign ownership. This article discusses types of title available for foreign ownership in Indonesia and possible legal recourse in event of a dispute.

Read More

Competition Appeals Board slashes financial penalty imposed by the Competition Consumer Commission of Singapore by more than $1 million

Our Lee Ee Yang, Ronald JJ Wong, Wilbur Lua and Charis Wong successfully represented the second appellants, Gold Chic Poultry Supply Pte Ltd and Hua Kun Food Industry Pte Ltd in the appeal, which resulted in the reduction of the penalty payable by our clients by more than $1 million.

Read More
Corporate, Commercial & Financial Ronald JJ Wong Corporate, Commercial & Financial Ronald JJ Wong

Understanding the options available under the Re-Align Framework

Since the onset of the COVID-19 pandemic, the Singapore government has launched several schemes to help provide relief to businesses in Singapore adversely affected by the COVID-19 pandemic. The latest scheme implemented by the Singapore government is the Re-Align Framework, launched on 15 January 2021. In this article, we seek to address some of the frequently asked questions about the Re-Align Framework.

Read More