Companies in the payments industry in Singapore will receive easier access to legal advice under a new programme unveiled by two bodies in the city-state. 

Under the Payments Regulatory Evaluation Programme (PREP), established by the Monetary Authority of Singapore (MAS) and the Singapore Academy of Law (SAL), the payments industry will find it easier to gain access to legal service providers specialising in the relevant regulations. 

MAS and SAL will officially launch PREP in November at the Singapore FinTech Festival. All law firms in Singapore are eligible to participate.

The firms currently participating are AEI Legal, Allen & Gledhill, Allen & Overy, Altum Law, Amica Law, Arielle Law Corporation, Baker McKenzie Wong & Leow, Bird & Bird, Covenant Chambers, Clifford Chance, Collyer Law, Dentons Rodyk, Drew & Napier, Eng & Co., Eversheds Harry Elias, Focus Law Asia, Foxwood Corporate Services, Gateway Law Corporation, Joseph Tan Jude Benny, Lexcompass, Linklaters, Loo & Partners, Lyn Boxall, OrionW, PWC, Resource Law, RHTLaw Taylor Wessing, Sabara Law, Simmons & Simmons, Taylor Vinters Via, Tito Issac & Co, TSMP, Tzedek Law, Withers Khattarwong, WMH Law Corporation, WongPartnership, Xavier & Associates and Yeo-Leong & Peh.

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