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1
Ministry Of Law Consults On Proposed Anti-Money Laundering Regime For Dealers In Precious Stones And Precious Metals
On 17 July 2018, the Ministry of Law announced that it will put in place a new anti-money laundering and countering the financing of terrorism regulatory regime for precious stones and metals dealers in Singapore.
Singapore
18 Sep 2018
2
Singapore And Indonesia Enters Into Cross-Border Competition Enforcement Agreement
In particular, the MOU will encourage notification of enforcement activities that potentially affect the CCCS and the KPPU interests.
Singapore
17 Sep 2018
3
Companies Amendment Bill 2018: Shipowner's Lien No Longer Requires Registration
The Companies (Amendment) Bill 2018 was passed by the parliament of Singapore on 6 August 2018.
Singapore
16 Sep 2018
4
Will The Trek To An Injunction Be A More Difficult Walk In The (Wrotham) Park Now?
Negative covenants, also known as restrictive covenants, are contractual obligations not to do certain acts. They are a common feature in commercial contracts, and commonplace in banking / facility documents.
Singapore
12 Sep 2018
5
NRIC And Data Protection - Personal Data Protection Commission Issues Guidelines To Stop The Collection Of NRIC
The Guidelines do not set new law, but merely clarify the legal position under the Personal Data Protection Act.
Singapore
6 Sep 2018
6
The Singapore Mediation Convention: A Game Changer?
UNCITRAL has approved the wording of the Convention on the Enforcement of International Settlement Agreements Resulting from Mediation and has resolved to name it the Singapore Mediation Convention.
Worldwide
6 Sep 2018
7
Debtor In Possession Financing In Asia - Considerations For Financial Institutions
At first blush, it may seem counterintuitive for financiers to compete to provide loans to debtor companies that have just filed for protection under an insolvency or restructuring procedure, but they have been proven to do so on a large scale in US Chapter 11 cases and for a variety of reasons, ...
Singapore
4 Sep 2018
8
Is It Proper To Use A Minority Oppression Action To Vindicate Wrongs Done To A Company?
One of the most common grievances heard from a shareholder is that the company he or she has invested in is being run by a thief, a bully or a fool. For example, directors may divert the company's money to themselves.
Singapore
31 Aug 2018
9
Judicial Management – The Effect Of Creditors' Third-Party Security On Their Voting Rights
Bank creditors often take security in the form of guarantees or mortgages given by the borrower's parent or affiliated companies.
Singapore
29 Aug 2018
10
Registration Of Shipowners' Liens As Charges (Diablo Saga And Companies (Amendment) Act 2018) – Impact On Banking Transactions
Maritime charterparties usually provide that, in the event of non-payment by the charterer, a shipowner can by way of a shipowner's lien claim payment of sub-hire or sub-freight due to the charterer from a third party sub-charterer.
Singapore
29 Aug 2018
11
Update On The Implementation Of New Sales And Service Taxes In Malaysia
This is a brief follow up to our earlier customs and trade update titled, "The Resurrection of Sales and Service Tax".
Singapore
24 Aug 2018
12
Personal Data Protection Act – Need To Review Privacy Policy When There Are Changes To An Organisation's Business
Singapore's Personal Data Protection Act 2012 (PDPA) has been in force for a few years.
Singapore
22 Aug 2018
13
Proposed Law Changes To Stamp Electronic Records
In Singapore, stamp duty emanates from the Stamp Ordinance 1929, a piece of tax legislation that pre-dates even income tax.
Singapore
16 Aug 2018
14
Withers Khattarwong Advises First SGX-Listed Nickel Mining Company
Withers KhattarWong has advised Silkroad Nickel Ltd. (‘Silkroad Nickel'), formerly known as China Bearing (Singapore) Ltd., in its reverse takeover by mining company FE Resources Pte Ltd.
Singapore
15 Aug 2018
15
Arb-Med-Arb: Connecting The Dots Between Arbitration And Mediation
In the recent years, the "Arb-Med-Arb" process has gained traction as a dispute resolution mechanism.
Singapore
14 Aug 2018
16
What Should Singapore Businesses Look Out For When The US Re-Introduces Sanctions On Iran?
On 16 January 2016, the JCPOA was implemented in accordance with the Iran nuclear deal concluded on 14 July 2015 as a result of the negotiations between China, France, Germany...
Singapore
14 Aug 2018
17
Proposed Changes To Act To Enable Stamp Duty On Electronic Contracts For Real Estate
The Government has just tabled a Bill to amend the Stamp Duties Act (Cap. 312) with the main objective of applying the Act to an electronic record that wholly or partly effects a property...
Singapore
14 Aug 2018
18
Whistful Thinking: Singapore High Court Stays Proceedings In Favour Of Multi-Tier Arbitration Agreement
In Ling Kong Henry v Tanglin Club [2018] SGHC 153, the Singapore High Court has affirmed the prevailing common law position that a multi-tier dispute resolution clause ...
Singapore
13 Aug 2018
19
No Harm, No Foul: Singapore High Court Reaffirms Need To Prove Prejudice To Refuse Enforcement Of Award
In Sanum Investments Limited v ST Group Co, Ltd [2018] SGHC 141, the Singapore High Court reaffirmed that proving prejudice is an essential element when resisting an application ...
Singapore
10 Aug 2018
20
All In A Good Clause: Singapore High Court Upholds ICC Arbitration Agreement And Dismisses Challenge To Award
In Sinolanka Hotels & Spa (Private) Limited v Interna Contract SpA [2018] SGHC 157, the Singapore High Court analysed which of two arbitration agreements ...
Singapore
10 Aug 2018
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