叶玉盛，复旦大学法学院2003级全日制法硕，竞天公诚律师事务所合伙人、2020 ALB China 十五佳TMT律师上榜者。叶玉盛律师在资本市场、公司与并购、私募股权投资、风险投资等领域执业多年，经验丰富。叶律师作为发行人或承销商的中国法律顾问，参与了多家国内大型企业集团和高增长型企业的首次公开股份发行和境外上市项目，及境内外企业在境外发行各类债券，同时还代表了多家跨国公司和投资基金，为其在华直接投资、收购兼并提供法律服务。
ALB：在多年办理案件的过程中，您认为TMT行业近年来经历了怎样的发展，表现出怎样的趋势？
叶玉盛律师：随着移动互联网的发展，TMT行业正经历巨大变革。互联网+正在改变包括娱乐、零售、金融、医疗等在内的多个行业，并且流量的变现模式也正在被深挖。视频直播、网红经济等新的商业模式走进了现实世界。TMT行业在最近几年迎来了发展的“黄金年代”。
在未来三到五年内，人工智能和5G技术的结合将为新一代设备的出现提供动力。这些新一代设备将会重新定义“智能”这个词：首先，新设备的用户界面将基于触摸和语音界面并行工作；其次，不再使用分散的应用程序来满足用户需求，而是应用人工智能驱动的算法来预测和推断用户的意图。未来，TMT行业中最具有AI潜能的三个板块将集中在科技、娱乐及电信行业。
ALB：近年来，TMT行业法律法规的制定和行业监管发生了哪些重大变化？
叶玉盛律师：首先，TMT行业的法律监管不可避免地会出现一定的滞后性，例如前几年P2P平台非常的火爆，但是相应的监管措施尚没落地，市场上出现了很多的乱象，但随着P2P监管措施的陆续出台，行业乱象得到了整治；其次，TMT行业的法律监管也越来越精细化，例如，在电商领域，出台了《电子商务法》；在区块链领域，出台了《区块链信息服务管理规定》，等等。法律监管正在深入TMT行业的方方面面。
ALB：作为一名在TMT行业经验丰富、硕果累累的律师，您是如何不断适应这些行业发展带来的变化的？在办理案件的过程中，您总结出哪些成功经验？
叶玉盛律师：一方面，我会关注TMT行业最新的发展，保持“好奇”的心态，跟上时代的脚步；另外一方面，在每一个关于TMT行业的法律新规发布之后，我也会进行学习，了解最新的监管动态，以适应TMT行业变化与发展。
至于我的经验，首先，业务模式是重中之重，在与客户沟通与交流的时候，第一要义就是只有深入理解客户的业务模式，我们才能够进一步判断如何搭建架构以及合法合规的经营需要的资质证照的类型；其次，要了解客户的需求，站在客户的角度去思考问题，并帮助客户切实地去解决问题。如何解决问题也是一个大学问，我通常会进行多角度的思考，为客户提供几个不同的解决路径，让客户选择其觉得可以做到的方式；最后，律师是一门精细活，并且法律的发展也是日新月异，每一个新的法律法规都可能影响律师对于业务合规性的判断。因此，我会让团队成员在新的法律法规出台之后去撰写相关的解读文章，并在团队内分享学习心得，使得整个团队都能够紧跟法律发展的步伐。
ALB：未来五到十年，您个人有何发展规划？
叶玉盛律师：首先，我希望能够出版一本关于TMT行业的书，梳理TMT行业的监管脉络以及一个TMT企业如何从零走向IPO；其次，我希望能够在几所高校开展实务课程，使得学生能够在学校里学习到实务操作与法律技能，帮助其完成从一个法学生到律师的过渡。目前，我已经在复旦大学开了一门实务课程，未来希望能够与更多的高校进行合作。
ALB：According to your experience, what developments and trends have you witnessed in the TMT industry in recent years?
Mr. Ye Yusheng (Ye): The TMT industry is undergoing tremendous changes. The Internet plus is changing many industries and sectors, such as entertainment, retail, finance and medical care. Meanwhhile, the ways of monetizing live streaming keeps being explored. New business models such as live streaming and the Internet celebrity economy are gaining momentum in the real world. The TMT industry has entered into a “golden age” in recent years.
In the next three to five years, the combination of AI and 5G technology will give impetus to the emergence of a new-generation devices, whichwill redefine the word “intelligence” by, firstly, working based on both touch screen and voice user interfaces; and secondly, integrating various apps to meet user needs based on predictions derived from AI-driven algorithms. In the future, the three high-potential sectors for AI in the TMT industry are technology, entertainment and telecommunications.
ALB：In recent years, what major changes have taken place in the TMT industry legislation and regulation?
Ye: It is inevitable that there is “law lag” in the regulation of the TMT industry. For example, the P2P platform was very popular in the past few years, but there was no corresponding regulatory measure in place, resulting in market chaos, which, however, has been gradually cleaned up since the promulgation and implementation of P2P regulatory measures. Furthermore, the regulation of the TMT industry has become more specific, for example, regulatory authorities have promulgated the E-commerce Law to regulate e-commerce related matters, and in the field of blockchain, the Administrative Provisions on Blockchain Information Services has been introduced. Authorities are implementing in-depth regulatory measures in all aspects of the TMT industry.
ALB：As an experienced TMT lawyer with great fulfillments and achievements, how do you accommodate yourself to the changes brought about by the development of the industry? What are the keys to your success?
Ye: Paying attention to the up-to-date developments in the TMT industry, remaining relentlessly curious, and keeping up with the times, these are very important; moreover, it is also important to keep abreast of the up-to-date regulatory trends to accommodate myself to the changes and developments of the TMT industry, for example, I would carefully study each newly promulgated laws and regulations concerning the TMT industry.
According to my experience, the business model is the top priority. Learning about the client’s business model can help us determine how to build the structure, and the qualifications and credentials required for compliance operation; secondly, we need to understand the needs of the clients, and perceive issues from the clients’ perspective, to provide clients with practical and effective solutions. I usually give clients multiple solutions based on different perspectives, so that clients can choose the most feasible and practical one. Being lawyers, we need to give attention to details, and meanwhile keep up with changes in laws and industries. Each new law and regulation may affect the lawyer’s judgment on business compliance. Therefore, I ask my team members to write relevant analysis articles after reading those newly introduced laws and regulations, and then share with the whole team what they have learnt, to help the whole team keep up with the pace of legal development.
ALB：What are your personal development plans for the next five to ten years?
Ye: First, I hope to publish a book on the TMT industry, sorting out the regulatory context of the TMT industry and how a TMT start-up company goes public; secondly, I hope to be able to provide practical courses in colleges and universities to help students gain practical operation and legal skills, so as to help students grow into a competent lawyer. I am currently teaching legal affairs course at Fudan University, and hope to work with more universities and colleges in the future.
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