Despite attractive insolvency regimes in the West, many companies are choosing Singapore to be their restructuring jurisdiction. In 2022 alone, amid a wider industry downturn, exchanges like Zipmex, Hodlnaut and Vauld applied for bankruptcy protection and/or debt restructuring in Singapore's courts.

Jansen Chow, Co-Head, Fraud, Asset Recovery & Investigations, Rajah & Tann talks about the unique features of Singapore's legal framework that make it the restructuring jurisdiction of choice.