LNAI by SAL / 08 Feb 2024 [LNAI] Remote Work Revolution: Legal Aspects and Insights from Singapore The practice and shift to hybrid work has continued even after the height of the COVID-19 pandemic and this has enabled employees to maintain a better work-life balance while remaining efficient and effective. This update looks at how employment...
LNAI by SAL / 02 Feb 2024 [LNAI] Remote Work Dynamics: Legal Insights from Thailand's Labour Landscape The COVID-19 pandemic has forced businesses and organisations worldwide to change how they conduct business, one of which is the introduction of remote work policies. This article looks at some of the changes to Thailand’s employment...
LNAI by SAL / 30 Jan 2024 [LNAI] Redefining Workspaces: Employment Law and Remote Work in Malaysia Remote working has become the norm ever since the COVID-19 pandemic forced businesses and organisations to change their work practices to accommodate the imposed restrictions and ensure the continuity of their daily operations. Nevertheless,...
(2024) CLU 2 / 28 Mar 2024 Civil Litigation Update (Mar 2024) - Obtaining an injunction or other discretionary remedy by judgment in default The latest March issue of the Civil Litigation Update (CLU) discusses the differences between the procedure in the RoC 2014 and RoC 2021 in relation to applications for judgment in default.
WongPartnership LLP / 23 Apr 2024 New Tripartite Guidelines on Flexible Work Arrangement Requests Effective December 2024 On April 16, 2024, the Singapore Government accepted all 10 recommendations by the Tripartite Workgroup on the Tripartite Guidelines on Flexible Work Arrangement Requests (Guidelines). These mandatory Guidelines come into effect on December 1,...
Rajah & Tann / 22 Apr 2024 MAS Targets to Repeal RFMC Regime on 1 August 2024, Shares Implementation and Transitional Arrangements The Monetary Authority of Singapore recently announced its intention to repeal the regulatory regime for Registered Fund Management Companies (“RMFC”) on 1 August 2024. This update highlights key points RFMCS should note and action to...
Allen & Gledhill / 11 Apr 2024 SGX RegCo proposes changes to Listing Rules to aid company restructuring This update looks at some of the proposed changes recently published in a Singapore Exchange Regulation consultation paper which seeks to facilitate the restructuring process for issuers under Singapore’s Insolvency, Restructuring and...
Dentons Rodyk & Davidson LLP / 08 Apr 2024 MAS responds to feedback received for consultation paper on repeal of regulatory regime for Registered Fund Management Companies The Monetary Authority of Singapore has responded to feedback on its proposal to repeal the regulatory regime for Registered Fund Management Companies (RFMCs) and application of such RFMCs to become Licensed Fund Management Companies (LFMCs)....
Singapore Academy of Law / 04 Apr 2024 [SAL Prac]: Two Bites at the Cherry or One? – Challenging an Arbitral Award That Has Been Registered as a Judgment Once an ex parte order recognising and registering the Singapore-seated arbitral award as an order of court is obtained, is the award debtor’s sole recourse to apply to set aside that very order of Singapore court within that specific...
WongPartnership LLP / 24 Apr 2024 Unpacking Directors’ Duties to Creditors: A Close Look at the OP3 International Decision The Court of Appeal, in Foo Kian Beng v OP3 International Pte Ltd (in liquidation) [2024] SGCA 10, comprehensively considered the contours of a director’s duty to consider the interests of creditors in certain circumstances (Creditor Duty)....
Drew & Napier LLC / 22 Apr 2024 Director’s Duties: Shareholders Interest a Proxy of Company’s Best Interests? Not Always, Depending on its Solvency In Foo Kian Beng v OP3 International Pte Ltd (In liquidation) [2024] SGCA 10, the Singapore Court of Appeal dismissed the Appellant’s appeal and held up the findings by the Judge of the General Division of the High Court of Singapore that a...
Intellectual Property Office of Singapore / 18 Apr 2024 IPOS update on IP/IT dispute resolution in Singapore: February 2024 - April 2024 This update covers recent Court decisions and featured articles, videos and developments relating to IP/IT dispute resolution in Singapore.
Drew & Napier LLC / 16 Apr 2024 High Court Dismissed Interim Injunctions Restraining Former Employee from Working for Rival: MoneySmart Singapore Pte Ltd v Artem Musienko [2024] SGHC 94 The High Court set aside interim injunctions previously granted to MoneySmart Singapore Pte Ltd that prevented a former employee from working for a rival company. The High Court agreed with the employee that the non-compete clause contained in...
Covenant Chambers / 15 Apr 2024 Singapore High Court decided in exceptional case that directors were not liable for breach of fiduciary duty despite competing with plaintiff company In an unreported decision in HC/S 236/2022, the General Division of the Singapore High Court held the defendant directors not liable for breach of the duty not to compete with the plaintiff company by providing services to the plaintiff’s...
Rajah & Tann / 23 Apr 2024 Business Collaborations for the Greener Good: CCCS issues Environmental Sustainability Collaboration Guidance Note On March 1, 2024, the Competition and Consumer Commission of Singapore (“CCCS”) released its Environmental Sustainability Collaboration Guidance Note (“ESCGN”). It aims to provide clarity to businesses on CCCS's...
Drew & Napier LLC / 05 Apr 2024 Key Developments in relation to Sustainable Finance and the Lending Market in Singapore – Q1 2024 This update highlights developments relating to the launch of the Singapore Sustainable Finance Association by the Monetary Authority of Singapore and the expansion of the Enterprise Financing Scheme – Green announced during Budget 2024.
Rajah & Tann / 05 Apr 2024 SGX RegCo Seeks Feedback on Enhancing Listing Rules on Restructuring and Trading Resumption Processes for SGX ListCos The Singapore Exchange Regulation (“SGX RegCo”) recently sought comments on its proposed changes to the SGX-ST Listing Rules to clarify the obligations of issuers listed on SGX-ST undergoing the corporate restructuring process under...
Bits & Bytes by TRAIL / 04 Apr 2024 [Bits & Bytes by TRAIL]: Key FinTech Trends in 2023 This article highlights three key FinTech trends in Singapore in 2023 which saw the Monetary Authority of Singapore actively taking the lead in numerous areas, including the launch of the Orchid Blueprint.
Rajah & Tann / 03 Apr 2024 CCCS issues Environmental Sustainability Collaboration Guidance Note The Competition and Consumer Commission of Singapore (“CCCS”) issued, on 1 March 2024, its Guidance Note on Business Collaborations Pursuing Environmental Sustainability Objectives which aims to provide greater clarity to businesses...
Rajah & Tann / 24 Apr 2024 Guide to Lending and Security in Southeast Asia This Guide provides a useful overview of key legal and regulatory requirements concerning lending and security in Southeast Asia, focusing on Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam.
Dentons Rodyk & Davidson LLP / 11 Apr 2024 Taiwan’s tax regulations on controlled foreign corporation (CFC) – what it is and how will it be implemented? This article takes a closer look at Taiwan’s controlled foreign corporation rules which was implemented since 1 January 2023 and seeks to prevent tax avoidance by taxing income earned by foreign entities controlled by Taiwanese residents.
Rajah & Tann / 01 Apr 2024 A Guide to Renewable Energy in Southeast Asia This update provides an overview of the renewable energy landscape in the region and certain salient legal and regulatory issues affecting the development and deployment of RE in Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines,...
Allen & Gledhill / 26 Mar 2024 Mickey Mouse enters the public domain - The end of a cultural icon? This article delves into the history and impact of Mickey Mouse on the development of copyright law, and considers whether Disney’s strategy of aggressively protecting the artistic depiction of Mickey Mouse would be feasible, given...
Dentons Rodyk & Davidson LLP / 26 Mar 2024 Investing in Vietnam: Navigating the regulatory landscape With Vietnam emerging into the spotlight as a favoured investment geographical location in Asia, this article looks at what regulatory challenges foreign investors may want to keep in mind when entering the Vietnam market by way of acquisition.
WongPartnership LLP / 24 Apr 2024 Unpacking Directors’ Duties to Creditors: A Close Look at the OP3 International Decision
WongPartnership LLP / 23 Apr 2024 New Tripartite Guidelines on Flexible Work Arrangement Requests Effective December 2024
Rajah & Tann / 23 Apr 2024 Business Collaborations for the Greener Good: CCCS issues Environmental Sustainability Collaboration Guidance Note
Drew & Napier LLC / 22 Apr 2024 Director’s Duties: Shareholders Interest a Proxy of Company’s Best Interests? Not Always, Depending on its Solvency
Rajah & Tann / 22 Apr 2024 MAS Targets to Repeal RFMC Regime on 1 August 2024, Shares Implementation and Transitional Arrangements
Intellectual Property Office of Singapore / 18 Apr 2024 IPOS update on IP/IT dispute resolution in Singapore: February 2024 - April 2024
Drew & Napier LLC / 16 Apr 2024 High Court Dismissed Interim Injunctions Restraining Former Employee from Working for Rival: MoneySmart Singapore Pte Ltd v Artem Musienko [2024] SGHC 94
Covenant Chambers / 15 Apr 2024 Singapore High Court decided in exceptional case that directors were not liable for breach of fiduciary duty despite competing with plaintiff company
Allen & Gledhill / 11 Apr 2024 SGX RegCo proposes changes to Listing Rules to aid company restructuring