Lawyers

Grace Chong

Grace Chong

Work Department

Financial Services Regulation; Corporate & Finance

Position

Head, Financial Services Regulation
Director, Corporate & Finance

Career

Grace heads the Financial Services Regulation practice in Drew & Napier LLC. She has extensive experience advising on cross-border and complex regulatory matters, including licensing and conduct of business requirements, regulatory investigations, and regulatory change. A former in-house counsel at the Monetary Authority of Singapore (MAS), she regularly interacts with key regulators, is closely involved in regional regulatory reform initiatives and has led discussions with regulators on behalf of the financial services industry. Grace has led regulatory teams in Singapore and Hong Kong at two international law firms, further developing her expertise in navigating complex financial regulatory environments across multiple jurisdictions. She also brings a strategic outlook from an in-house perspective having previously been a counsel in the Global Internal Investigations Group at the Hong Kong headquarters of a large leading multinational bank.

Grace has been consistently named as one of Singapore’s top 10 FinTech lawyers and is highly ranked in Chambers FinTech and Legal 500. She is particularly recognized for her expertise in emerging technologies, including digital assets, and the strategic integration of AI solutions within financial institutions. Her team provides dedicated regulatory support to banks, asset managers and fintechs on key regulatory areas, including banking and payments regulations, licensing and authorization processes, AML regulatory investigations and sanctions, ESG implementation and audits, outsourcing and data transfer arrangements, and reviews of ISDA agreements and ancillary documents.

Languages

English

Memberships

Fellow of Information Privacy, IAPP Certified Global Sanctions Specialist GIAC Data Security & Investigations Practitioner SIAC Reserve Panel Regulatory Lead, ACCESS Blockchain Association Head of ESG Committee, Member of Regulatory Committee, Alternative Investment Management Association Director, Women in Payments (Singapore)

Education

LL.B (1st Class Hons), University College London Advocate & Solicitor of the Supreme Court of Singapore (2011) Solicitor of the High Court of Hong Kong (2018)