Leading Associates

Fintech and financial services regulatory in Malaysia

Christopher & Lee Ong

The fintech and finreg practice at Christopher & Lee Ong is active across the full spectrum of fintech issues, ranging from digital banking, e-money and payment services to digital assets, crypto exchanges, BNPL models and embedded finance solutions. Clients include major regional and global players in the fintech and technology space, spanning sectors such as payments, insurtech, AI, data products, and crypto. Tracy Wong oversees the running of the practice and specialises in e-commerce and payment services, crowdfunding, blockchain and cryptocurrency matters. Emily Cheah offers expert knowledge in stablecoin projects, payment card frameworks and token launches.

Responsables de la pratique:

Tracy Wong


Autres avocats clés:

Emily Cheah


Les références

‘Diverse team that is able to handle a broad range of regulatory matters across the spectrum, from traditional financial services to FinTechs. The team is commercial and practical, and we have appreciated the support. Advice is high quality and on point.’

‘Tracy Wong and her team provide excellent support, particularly on FinTech matters and have a good handle on payments regulatory matters.’

Principaux dossiers


  • Acted for a licensed digital bank in relation to the drafting and provision of legal advice on a host-to-host collaboration contract with a licensed capital markets intermediary.

Wong & Partners

Known for its specialist knowledge of emerging technologies, Wong & Partners remains a standout firm for finTech matters in Malaysia, advising both major global brands entering the Malaysian market and domestic players. The group is particularly noted for its work in innovative payment models, cryptoassets and digital insurance mandates. Its strong financial regulatory foundation also enables it to handle complex compliance issues. Sue Wan Wong helms the practice and is highly regarded for her advice on the innovation, investment and development of FinTech products and services.

Responsables de la pratique:

Sue Wan Wong


Principaux dossiers


Rahmat Lim & Partners

Rahmat Lim & Partners advises on a wide array of Malaysian FinTech mandates, acting for both international and digital banks as well as payment platforms, venture-backed start ups and market-leading technology corporations. The group is jointly headed by Azman bin Othman Luk, who is a regulatory and compliance expert, with strengths in financial markets regulation; and Wan Kai Chee, a financial services and investment specialist. Karen Foong  is a standout feature of the practice and specialises in financial services laws and regulations.

Responsables de la pratique:

Azman bin Othman Luk; Wan Kai Chee


Autres avocats clés:

Karen Foong


Principaux dossiers


Raja, Darryl & Loh

In the financial technology and digital asset space, Raja, Darryl & Loh is well versed in regulatory matters, compliance, and documentation mandates. The team advises on a broad number of matters, ranging from digital banking and cross-border payment solutions to payment systems, peer-to-peer financing and digital asset exchanges. The team has recently been active advising on the FinTech aspects of debt-fundraising on the capital markets. Chew Phye Keat oversees the running of the practice, which is supported by Chong Mei Mei, who regularly liaises with local regulatory authorities for licences and approvals for Malaysian businesses.

Responsables de la pratique:

Chew Phye Keat


Autres avocats clés:

Chong Mei Mei


Les références

‘They are very responsive and commercially minded.’

‘The firm provides a one-stop solution for its clients. From corporate to litigation expertise, they work as a team to create a solution for us as their client. This enables us to work with a group of people that we’re comfortable with to resolve our legal matters efficiently without having to engage 2 different sets of lawyers.’

‘Having worked with Chong Mei Mei for several years, she is always willing to go beyond in providing her legal advice and expertise in her area of practice to us as her long-served client.’

Principaux clients

AEON Bank (M) Berhad


Bursa Malaysia RAM Capital Sdn Bhd


Apple Inc


Namirial S.p.A.


WeLab Holdings Limited HK


Fasset Technologies Malaysia Sdn Bhd


Worldpay Group


dLocal


Prasarana Malaysia Berhad


Principaux dossiers


  • Advised Bursa Malaysia RAM Capital Sdn Bhd in respect of its launch of a secondary market for the BR Capital Platform.
  • Advising Prasarana Malaysia Bhd in respect of the re-tendering process in respect of the procurement of the cashless open payment system for its transportation network (railways and buses) in Malaysia.
  • Advising a foreign technology company on a template referral agreement with centralised exchanges registered in Malaysia that will enable users to exchange fiat currency to cryptocurrency on the client’s integrated platform.

Gan, Lee & Tan

Gan, Lee & Tan has carved its place in the digital asset space, demonstrating particular strength in regulatory compliance, licensing, and structured fundraising for digital platforms. The firm regularly advises on tokenised securities, initial exchange offerings, digital asset custodians, and blockchain-based fundraising. Co-founding partner Gan Ming Chiek heads up the practice and is highly regarded for his digital assets expertise. Kelvin Wong Yow Yung is a key support to the team and is most active in fintech, technology and blockchain advisory matters.

Responsables de la pratique:

Gan Ming Chiek


Autres avocats clés:

Kelvin Wong Yow Yung


Principaux clients

FUSANG EXCHANGE LIMITED


PITCH PLATFORMS SDN BHD


GAMBIT CUSTODY SDN BHD


ROTHS INVESTMENT BANK P.L.C


Principaux dossiers


  • Advised Fusang Exchange Limited and its group of companies on the trading of cryptocurrencies, as their local counsel on a retainer basis.
  • Advised Pitch Platforms Sdn Bhd on the operation an equity crowdfunding and initial exchange offering platform, acting as their local counsel on a retainer basis.
  • Acted as the local counsel for Gambit Custody Sdn Bhd on a retainer basis.

Halim Hong & Quek

The technology practice group at Halim Hong & Quek is recognised for its expertise in blockchain-based financial services, and real-world asset tokenisation, regularly advising financial institutions, fintech startups, and payment service providers . The team advises on licensing, regulatory compliance, and the structuring of innovative financial products. The practice is jointly led by Ong Johnson, whose strengths lie in regulatory and transactional matters in the TMT, FinTech and digital assets spaces; and the 'incredibly meticulous' Khai Yi Lo, who excels in regulatory compliance.

Responsables de la pratique:

Ong Johnson; Lo Khai Yi


Les références

‘The team is amazing, especially when it comes to data protection and fintech law. They’re sharp, super switched-on, young, smart, and full of energy.’

‘ Ong Johnson and Lo Khai Yi are just next-level. Johnson is that big-picture guy, probably one of the best business minds we come across. He sees the whole board and connects the dots faster than anyone; he just gets things almost instantly. Khai Yi is incredibly meticulous, with the kind of attention to detail and patience that keeps everything grounded and airtight, and just very good with his client management.

Principaux clients

Berjaya Sompo Insurance Berhad


BLOX Blockchain Sdn. Bhd.


PeerHive (M) Tech Sdn. Bhd.


GYMD DIGITAL TECHNOLOGY CO., LTD.


My EG Services Bhd


GENO GROUP LIMITED


Fluid Financial Pte Ltd


Fluid Services Sdn. Bhd.


Infomina Berhad


Principaux dossiers


  • Advised Berjaya Sompo Insurance Berhad on a regulatory gap analysis of its technology outsourcing contracts to assess compliance with Bank Negara Malaysia’s RMiT framework.
  • Advised BLOX Blockchain Sdn Bhd on Malaysia’s first-ever stablecoin project.
  • Advised PeerHive on the launch of Malaysia’s first DeFi-based peer-to-peer lending platform.

Shearn Delamore & Co

Shearn Delamore & Co is equipped to advice clients on cross-border data compliance, tech outsourcing and digital assets mandates. The practice group, which is led by Christina Kow, boasts a strong track record in digital bank projects, regulatory matters and the structuring of vendor agreements. Kow stands out for her cryptocurrency expertise but frequently advises clients who operate in the electronic payment platforms sector. She manages the team alongside Janet Toh, who excels in cross-border data flows and Timothy Siaw.

Responsables de la pratique:

Christina Kow; Timothy Siaw; Janet Toh Yoong San


Principaux clients

YTL Digital Bank Berhad (formerly known as Sea Capital Services Berhad)


Principaux dossiers


  • Advised YTL Digital Bank Berhad on the development of its digital bank.

Zain & Co

Clients in the technology and creative industries regularly turn to Zain & Co for advice on mandates covering software and hardware licensing, outsourcing, data protection, cross-border data transfer, digital signatures, e-commerce issues, and cybersecurity. Salwah Abdul Shukor oversees the running of the practice and is especially active in transactions involving technology acqusitions. Pauline Ngiam supports the team with expertise in TMT and data protection matters.

Responsables de la pratique:

Salwah Abdul Shukor


Autres avocats clés:

Pauline Ngiam


Principaux dossiers