Jul 17, 2013
Singapore, July 15th 2013 - The RHT Group of Companies is pleased to announce the launch of its latest subsidiary - RHT Compliance Solutions. With diverse and exceptional portfolios, the team comprises of Mr. Nizam Ismail, Mr. Mohammad Ridzuan Abdul Aziz, Mr. Tan Chong Huat and Mr. Tan Choon Leng. With more than 35 years of regulatory and legal experience in Singapore and Malaysia, the team is well-equipped to provide clients with excellent and cost-effective regulatory compliance solutions in Singapore, Malaysia and Indonesia. RHT Compliance Solutions aims to be the leader in providing legal and financial services regulatory compliance solutions for financial institutions in Singapore, Malaysia and Indonesia.
"RHT Compliance Solutions is the first and only integrated outfit providing legal and financial services regulatory compliance solutions for financial institutions in Singapore and Malaysia. The addition of Mr. Nizam Ismail as partner with RHTLaw TaylorWessing's Corporate and Securities practice will greatly complement the firm's regulatory capabilities," said Mr Tan Chong Huat, Managing Partner, RHTLaw TaylorWessing.
When asked about how the changing regulatory landscape would impact financial institutions, Mr Nizam Ismail, Director, RHT Compliance Solutions commented, "We are seeing a global trend of tightening regulations. This increases the regulatory expectations on banks and financial institutions to have robust compliance processes in place. This would invariably lead to more investments in compliance. RHT Compliance Solutions aims to be a leading and trusted partner in providing intelligent and cost-effective regulatory compliance solutions to our clients. This will in turn help our clients to manage their cost and manpower investment."
RHT Compliance Solutions is a subsidiary of RHTLaw TaylorWessing.
Re-disseminated by The Asian Banker