Qualifications

  • LL.B (1st Class Hons), University College London
  • Advocate & Solicitor of the Supreme Court of Singapore (2011)
  • Solicitor of the High Court of Hong Kong (2018)

Grace heads the Financial Services Regulation practice in Drew & Napier LLC. She has extensive experience advising on cross-border and complex regulatory matters, including licensing and conduct of business requirements, regulatory investigations, and regulatory change. A former in-house counsel at the Monetary Authority of Singapore (MAS), she 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. Grace has led regulatory teams in Singapore and Hong Kong at two international law firms, further developing her expertise in navigating complex financial regulatory environments across multiple jurisdictions. She also brings a strategic outlook from an in-house perspective having previously been a counsel in the Global Internal Investigations Group at the Hong Kong headquarters of a large leading multinational bank.
 
Grace has been consistently named as one of Singapore’s top 10 FinTech lawyers and is highly ranked in Chambers FinTech and Legal 500. She is particularly recognized for her expertise in emerging technologies, including digital assets, and the strategic integration of AI solutions within financial institutions. Her team provides dedicated regulatory support to banks, asset managers and fintechs on key regulatory areas, including banking and payments regulations, licensing and authorization processes, AML regulatory investigations and sanctions, ESG implementation and audits, outsourcing and data transfer arrangements, and reviews of ISDA agreements and ancillary documents.  

Chambers Asia Pacific and Global

Banking & Finance: Regulatory 2025 – Up and Coming (2 consecutive years)
Technology, Media, Telecoms (TMT): Domestic 2025 – Up and Coming

"I know Grace Chong very well. She is very active in the crypto space."
"Grace Chong is very up-to-date with the latest in the industry, and she is very responsive. She goes above and beyond to serve the needs of the client, which is much appreciated."
"It is a pleasure working with Grace. She is knowledgeable, commercial and provides sound and reasonable advice."
"Grace is very prompt and fast in responding. I appreciate how she gets on calls with us, gives me context, and is time-efficient and concise."
"Grace is an expert in her field."
"Grace has great connections and is dedicated to TMT. She has an understanding of this sector and has so much experience here."
"Grace is very prompt, time-efficient and concise."
Grace “is very savvy and shares her knowledge of the MAS and market trends” and “is very pragmatic and always comes forth with sensible and realistic propositions, after an in-depth understanding of our requirements and objectives. She is a real asset to have on our side.”

Chambers FinTech

FinTech Legal 2025 (Singapore) – Band 1
FinTech Legal, International Firms 2025 (China): China expertise based abroad – Spotlight (5 consecutive years)

"Grace is undoubtedly one of the most exceptional lawyers I have had the pleasure of working with. Her extensive experience, deep competency and unparalleled insights truly set her apart."
"Grace Chong is the best FinTech lawyer in Singapore. She is super clever, hard-working, responsive and commercial. I cannot recommend her highly enough."
"Her expertise reflects a thorough understanding of complex legal matters but she also demonstrates the ability to navigate and resolve intricate issues with remarkable efficiency and effectiveness."
"Grace is incredibly well versed in the industry, has great exposure to the regulators and is extremely available to clients. She knows her clients' risk appetite and can coordinate accordingly."
"She has a very high profile and is very good at what she does. Her work is very international and cross-border."

The Legal 500 Asia Pacific|

Fintech And Financial Services Regulatory: Foreign Firms 2024 – Next Generation Partners
Grace Chong is described as an exceptional standout in complex regulatory, privacy and AI matters”.

Grace Chong is an exceptional standout in complex regulatory, privacy and AI matters, and is someone you want on your side.
Grace is “is one of the best crypto regulatory lawyers in Singapore and is very responsive and personable.”

Asian Legal Business

ALB Pan Asian Regulatory Awards 2024 - Regulatory Lawyer of the Year
Singapore Rising Star 2022 – Recognised lawyer
Top 15 Rising Lawyers for APAC 2022 –Recognised lawyer

Who’s Who Legal

National Guide: Southeast Asia 2024 (Fintech & Blockchain) – Recommended

Asia Legal Awards

Fintech and Digital Assets 2023 – Lawyer of the Year

IFLR1000: The Guide to the World’s Leading Financial Law Firms

Asia-Pacific Awards 2023 – Rising Star

IFLR Women in Business’ Expert Guides

World’s leading female lawyers 2022 for Financial services regulatory – Recognised lawyer

Global Data Review

Top 40 Data Lawyers for 2021 – Recognised lawyer

Euromoney’s Women in Business Law Awards 2021

Privacy and Data Protection – Lawyer of the Year

  • Fellow of Information Privacy, IAPP
  • Certified Global Sanctions Specialist
  • GIAC Data Security & Investigations Practitioner
  • SIAC Reserve Panel
  • Regulatory Lead, ACCESS Blockchain Association
  • Head of ESG Committee, Member of Regulatory Committee, Alternative Investment Management Association
  • Director, Women in Payments (Singapore)