Ying Yi Liew

• DBS Bank, UBS AG and SBI Digital Asset Holdings Co., Ltd on the world’s first natively issued cross-border repo and digital bond fully executed and settled on a public blockchain that was part of the MAS’ Project Guardian. DBS, UBS and SBI successfully executed the live transaction for the issuance, repurchase and redemption of digitally native Swiss-law securities using stablecoins issued under Japanese law and tokenized deposits under Swiss law. The transactions were recorded on a public blockchain and featured atomic (instantaneous) settlements.
• UBS AG on its first tokenised debt transaction for Asia Pacific investors where USD 50m in digital fixed rate security tokens using DLT across to high net worth investors in Singapore and Hong Kong from its London branch. This landmark transitional digital securities issuance involved navigating complex legal and regulatory issues under English, Swiss, Singapore and HK law.
• Capbridge, an SGX-based primary capital raising platform for private companies based on blockchain technology and its sister company, 1exchange (1X), Singapore’s first regulated private securities exchange which allows for trading of security tokens, including successfully representation to expand its licence to include custodial services.
• Shareable Assets Pte. Ltd., one of the first platforms to obtain a capital markets services (CMS) license from the MAS for offering fractional ownership in real estate investments, by issuing asset-backed security tokens utilizing blockchain technology.
• Asia Wealth Platform (operating under the name "StashAway"), one of the first robo-advisers to obtain a CMS license from the MAS. StashAway is digital wealth management platform providing personalized and automated portfolio management services to both retail and accredited investors.
• Goldbell Evolution Network (GEN) Pte Ltd, a member of the Goldbell Group, on obtaining its CMS license from the MAS, which allowed them to launch their private debt investment platform, both investors and companies to seek alternative investment and obtain debt financing, respectively.
• Various leading international payment companies (including a major ride hailing company and a Chinese multinational technology conglomerate that is the wolrds largest in the video game industry) on obtaining their institution (MPI) licences under the Payment Services Act (PSA), on the roll-out of various products in Singapore and their ongoing conduct of business requirements and compliance procedures.
• Various financial institutions on regulatory change of control approvals including successfully representing private equity investors in the USD6.3 billion take-private of a major payments technology firm.    
• Various multinational banks, payment and Fintech companies (including buy-now-pay-later (BNPL) providers) on cross-border regulatory surveys and to develop cross-border documentation, including acting as primary and coordinating counsel to instruct local counsel and coordinate advice across up to 17 jurisdictions to ensure that the client has a holistic solution responsive to their business in each of the various jurisdictions taking into account different regulatory regimes.
• Several multinational banks and financial institutions on their internal investigations into potential misconduct of their traders, including AML offences, insider trading and other market misconduct offenses.

*Experience acquired prior to joining CMS Holborn Asia.