Mr Chan Jia Hui > WongPartnership LLP > Singapore, Singapore > Lawyer Profile

Mr Chan Jia Hui

+65 6416 2794 jiahui.chan@wongpartnership.com View profile

Work Department

Competition & Regulatory; Corporate Regulatory & Licensing; Financial Services Regulatory

Position

Chan Jia Hui is a Partner in the Antitrust & Competition, Corporate Regulatory & Licensing, and Financial Services Regulatory Practices.

Career

On the competition front, he advises on all of the substantive prohibitions under the Competition Act, including anti-competitive agreements and arrangements, abuse of dominance and merger control issues. In particular, he advises clients in respect of investigations conducted by the Competition and Consumer Commission of Singapore (“CCCS”), leniency applications and merger notifications filed with the CCCS. He regularly oversees multijurisdictional reviews of merger control, foreign investment and other regulatory issues arising from cross-border transactions, as well as the relevant filing and review processes.

In the financial services regulatory space, he has advised banks and other non-bank financial institutions on a full range of regulatory issues, including those relating to licensing, change of control approvals, AML/CFT related obligations, outsourcing and conduct of business requirements. In particular, he has advised on applications for capital markets services licences on behalf of a wide range of capital market intermediaries for various types of regulated activities, including fund management and advising on corporate finance. He has also advised various providers in the payment systems ecosystem (even prior to the enactment of the Payment Services Act 2019), including merchant acquirers, e-money issuers, BIN sponsors, systemically important payment systems and infrastructure, on licensing and other regulatory requirements.

Work Highlights

Significant transactions that Jia Hui has been involved in include advising / acting for the following:

• • Olam Group Limited, on the merger control and other regulatory aspects of its sale of an approximate 35.4% stake in Olam Agri Holdings Pte. Ltd. to SALIC International Investment Company (a wholly owned subsidiary of The Saudi Agricultural and Livestock Investment Company) for approximately US$1.24 billion.
  • LOGOS China Investments Limited (“LOGOS”) on both the financial services regulatory aspects, as well as the merger notification filed with the Competition and Consumer Commission of Singapore, arising from ARA’s acquisition of LOGOS.
  • Various clients, including SembWaste Pte. Ltd, Japan Pulp and Paper Company Limited and Mars Incorporated, in successfully obtaining a Phase 1 clearance from the Competition and Consumer Commission of Singapore for their respective merger notifications.
  • The Bank of N.T. Butterfield & Son Limited (“Butterfield”), in relation to the legal / regulatory aspects of its proposed acquisition of Credit Suisse’s trust business in Singapore, as well as Butterfield’s prior acquisition of Deutsche Bank’s Global Trust Solutions business, which involved Butterfield’s establishment of a licensed trust company in Singapore.
  • A leading local payments infrastructure provider on the drafting of the settlement and default rules of its payment systems.
  • Australia and New Zealand Banking Group Limited, Singapore Branch on the statutory voluntary transfer of its retail and wealth management business in Singapore to DBS Bank Ltd pursuant to the Banking Act.

                                                                                                                         Publications & Legal Updates

• Lexology Getting the Deal Through – Banking Regulation 2020, 2021, 2022 and 2023
• Butterworths Journal of International Banking & Financial Law – Digital Disruption in Singapore: The new digital bank licensing framework 2019
• Chambers & Partners Legal Practice Guide – Competition/Antitrust: Merger Control, Singapore Chapter 2016

Languages

English

Education

National University of Singapore (LL.B., Hons.)