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Banking & Finance

In the fast-moving world of financial institutions, the CMS Banking & Finance practice combines local and international expertise across banking, finance, regulatory and capital markets law.

A tailored commercial approach is key and we want your business to thrive. Whether you are a bank or a corporation, a financial service provider or a regulated industry, an investment fund or public entity, our priority is resolving your challenges and putting your world first.

Our Singapore team along with our international network of over 500 banking and finance lawyers internationally (including those in Hong Kong), who have proven their skills in transactional, regulatory and other matters for clients in Asia and the rest of the world.

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Restructuring & Insolvency
Our team advises all types of stakeholders involved in, or impacted by, financial restructuring and corporate insolvency situations, including debt mo

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29/12/2023
Tackling the misuse of crypto-assets for ML-TF purposes
As a constantly evolving sector, the crypto-assets ecosystem presents continuous challenges, particularly in terms of money laundering and terrorist financing (ML-TF) risks.To tackle the misuse of crypto-assets...
15/11/2023
NFTs under MiCAR – are they regulated or not?
The Markets in Crypto-Assets Regulation (MiCAR) sets down a harmonised regulatory framework for crypto-assets. MiCAR's overarching goal is to extend regulatory oversight to those categories of cryptos...
19/10/2023
Safeguarding the digital vault: custody and administration of crypto-assets...
With the rise of cryptocurrencies and blockchain technology, European regulators have recognised the need to establish a comprehensive framework to ensure the sector's integrity, transparency and the...
28/09/2023
Increase in Insurance Coverage for Singapore-Dollar Bank Deposits to S$100,000
This article is produced by CMS Holborn Asia, a Formal Law Alliance between CMS Singapore and Holborn Law LLC.In­tro­duc­tionThe Monetary Authority of Singapore (“MAS”) has announced that it will raise...
19/09/2023
Trading of crypto-assets in detail
The Markets in Crypto-Assets Regulation (MiCAR) sets down a harmonised regulatory framework for service providers known as crypto-asset service providers (CASPs), which carry out activities with crypto-assets...
05/07/2023
How to use E-money tokens in the EEA
The Markets in Crypto-assets Regulation (MiCAR) covers electronic money or e-money tokens, a crypto-asset that purports to maintain a stable value by referring to the value of a fiat currency that is...
26/06/2023
Overview of the competent authorities under MICAR
Building on the CMS series of articles “Legal experts on Markets in Crypto-Assets (MiCA) regulation”, this new article describes the powers of the competent authorities of EU member states, the European...
20/06/2023
ARTs in detail
EU regulation MICAR now regulates asset-referenced tokens1. DEFIN­I­TION OF ARTSMiCAR defines Asset-referenced tokens (ARTs) as a type of crypto-asset that is not an electronic money token and that purports...
14/06/2023
The scope of application of the Markets in Crypto-assets Regulation
In April 2023, the Markets in Crypto-assets Regulation (MiCAR) was ratified becoming the first regulatory framework for crypto-assets with the strategic goals of protecting consumers, investors and market...
14/06/2023
EU creates regulatory framework for crypto-asset service providers
The EU regulation on markets in crypto-assets (MiCAR) sets down a harmonised regulatory framework for service providers, known as crypto-asset service providers (CASPs), carrying out activities in relation...
26/05/2023
Performing services in a decentralised manner under MiCAR
At the end of April 2023, the European parliament decided on a uniform regulation of crypto assets across the EU by voting on the MiCA regulation (i.e. markets in crypto-assets). The intended innovations...
24/05/2023
DeFi and MiCA: How much decentralisation is enough?
The European Union Council has recently adopted a regulation on Markets in Crypto-Assets (MiCA) that applies to crypto-assets, their issuers and service providers, and covers a range of services that...