Under the new regime, PSMDs will be required to, among other things, put in place internal policies, procedures and controls and register with MinLaw.
The Bill was introduced for first reading in Parliament on 6 Aug 2018, which seeks to apply the Act to an electronic record that wholly or partly effects a transaction or evidences a matter.
In this Update, we take a look at the key elements of the Bill and the implications of the upcoming changes.
This article looks at three of the legislative changes to scheme of arrangement provisions in the debt restructuring regime in Singapore, namely, the headcount test, cram-downs and pre-packs.
In Sep and Oct 2013, MAS consulted on draft versions of the regulations to support the amendments to the SFA. On 8 Jun 18, MAS released its response to the feedback received from the consultation.
Some of the changes include a Reverse Charge mechanism for B2B imported services, Overseas Vendor Registration mode for B2C imported services and enhancing whole-of-government law enforcement.
The Bill was passed in Parliament on 18 May 2018. This article summarises the main features of the Bill in MSF Minister Desmond Lee's Opening Speech at the 2nd reading of the Bill.
The Bill was introduced in Parliament on 17 May 2018. This article provides a summary of the key changes.
The Companies (Amendment) Bill 2018 was passed in Parliament on 6 Aug 18, in response to the decision of Diablo Fortune Inc v Cameron Lindsay Duncan and Anor  SGCA 26. This Note summarises the amendments and their significance.
The proposed amendments are intended to enable more effective regulation, enhance the security and reliability, protect critical infrastructure and enhance competitiveness of Singapore’s energy market.
Among other things, the MAS Act will be amended to strengthen the powers of the MAS to resolve distressed financial institutions in an orderly manner.