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John Shoemaker, a Registered Foreign Lawyer for US law firm Butler Snow in Singapore, offered delegates at the Hubbis Compliance in Asian Wealth Management Forum 2020 a detailed guide to many of the key facets of regulation and more importantly the compliance issues and practices for financial intermediaries and their wealthy Asian or other clients.
Shoemaker first offered the audience some of his professional background, as a means of framing the talk. He reported that he began his working life on the regulatory side, working for the legislative staff for the State of Kansas and then for the insurance department in Kansas, before moving into an insurance company as in-house counsel, then covering a 13-state jurisdiction.
“That,” he reported, “in fact gave me my first interaction with multi-jurisdictional compliance, and was a springboard to move to Switzerland to work for a Swiss bank, and I was later relocated to Singapore and here I am now in private practice for a law firm helping clients in relation particularly to the US and how that integrates with other jurisdictions. And that all helped me assemble the big picture that I want to convey today.”