Interview with Mark Gorriceta, ranked among the Top 15 TMT Lawyers by ALB Asia, provided by Gorriceta Africa Cauton & Saavedra.
Gorriceta Africa Cauton & Saavedra Leads the Way in TMT Law
Gorriceta Africa Cauton & Saavedra, a prominent law firm based in Pasig City, Philippines, has established itself as a leader in Technology, Media, and Telecommunications (TMT) law. The firm has been at the forefront of facilitating pioneer regulatory FinTech licenses in the past 12 months, and is heavily involved in various fundraising campaigns and strategic licensing applications of onshore and offshore blockchain-based companies.
The firm's representative is a key player in the BSP's Open Finance Oversight Committee, representing both Fintech Philippines Association and the FinTech Alliance. Notable achievements include spearheading acquisitions of key FinTech players in the country, such as the acquisition of Dragonpay Corporation by Xendit Pte. Ltd. The firm also secured the country's first Permanent Crowdfunding License for Investree Philippines Inc. from the Philippine Securities and Exchange Commission ("SEC").
To specialize in TMT law, young lawyers should focus on mastering telecom, media, and technology regulatory frameworks, such as FCC rules. It's also crucial to broaden expertise to include data protection, privacy, intellectual property, and digital economy aspects. Practical experience in TMT-focused firms or government agencies is essential, as is continuous professional development and networking within the TMT legal community.
The law firm's team members strive to be deeply embedded in both the regulatory and private stakeholder discussions. They keep up with global developments and trends, and regularly update themselves by delivering lectures, participating in panel discussions, and contributing to legal publications concerning novel TMT issues.
Young lawyers specializing in TMT should also study the products and services concerning this space, and familiarize themselves with the issuances of key regulators such as the BSP, SEC, National Privacy Commission, and Department of Information and Communications Technology. To better understand the market, they should study the technical side, focusing on reading and analyzing the flow of data and transactions.
Mark S. Gorriceta, the Managing Partner of Gorriceta Africa Cauton & Saavedra, and his team are committed to being the leader in the TMT sector. The firm's website is www.gorricetalaw.com, and Mark can be reached at [email protected].
In summary, specialization in TMT law requires mastery of telecom, media, and technology regulatory frameworks, broadening expertise to include data protection, privacy, IP, and digital economy aspects, practical experience in TMT-focused firms or government agencies, and continuous professional development and networking within the TMT legal community. These strategies position young lawyers to effectively serve clients in the dynamic and highly regulated TMT sectors.
- In the dynamic and highly regulated TMT sectors, it is essential for young lawyers to study the products and services related to this space, as well as familiarize themselves with the issuances of key regulators such as the BSP, SEC, National Privacy Commission, and Department of Information and Communications Technology.
- The law firm, Gorriceta Africa Cauton & Saavedra, has been at the forefront of facilitating pioneer regulatory FinTech licenses, heavily involved in various fundraising campaigns and strategic licensing applications of onshore and offshore blockchain-based companies, demonstrating their expertise in the intersection of finance, business, and technology.