Athistha (Nop) Chitranukroh, partner and director of Tilleke & Gibbins’ corporate and commercial group, is quoted extensively in a recent article on fintech in Southeast Asia. The article, which was published in the August 2023 issue of Asian Legal Business, highlights the importance of achieving a balance between innovation and regulation in fostering a healthy environment for fintech operations.
In the article, Nop emphasizes that innovation and regulation should not be seen as competing ideals. “When it comes to new and complex products in the fintech sector,” she says, “a clear and comprehensive regulatory framework can give businesses the confidence to make investments.”
Nop also points out the role of regulations and regulators in combating cybercrime within the fintech realm, noting that regulators are a crucial ally in the fight against cyber threats. She explains that this can even be on a regional or global level. For example, the Financial Action Task Force and its recommendations create a network that has been especially effective in combating cross-border financial crimes.
Asian Legal Business, owned by Thomson Reuters, is a leading source of information for businesses and professionals in the legal industry in Asia.