Grace Chong

Of Counsel, Regulatory & Digital Business
Simmons & Simmons JWS

Grace leads the Regulatory & Digital Business team in Singapore, and advising FIs on regulatory matters in Singapore and HK. A former in-house counsel at MAS, Grace 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. Formerly from the Enforcement team in the Monetary Authority of Singapore, Grace has led several high-profile market manipulation and insider trading cases in her previous role, and was also a counsel  in the Global Internal Investigations Group at the Hong Kong headquarters of HSBC, where she was involved in sanctions and other investigations of significant reputational impact. She also has extensive experience in handling both internal and external regulatory investigations brought by HKMA, SFC and MAS, such as IPO sponsor conduct, AML/CFT, systems and controls failures, and cybersecurity breaches.