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Singapore and Chinese courts agree on reciprocal enforcement of commercial judgments

Under the MOG signed by both Supreme Courts, money judgments heard and obtained in Singapore could be brought before Chinese courts to be recognized and enforced, and vice versa.

Tax disputes threaten profit growth of top US companies

Tax disputes threaten profit growth of top US companies

Tax disputes are threatening to wipe out more than half the profit growth of Fortune 500 companies in the US - and the amount involved is predicted to grow in the coming years: Baker McKenzie

Categories: Headlines
Singapore to return $15m in 1MDB-linked funds to Malaysia

Singapore to return $15m in 1MDB-linked funds to Malaysia

The return of $15.3 million of seized funds related to the 1Malaysia Development Bhd scandal has been approved by the Singapore State Courts.

Categories: Headlines

[CHN] China amends its individual income tax law

This Update sets out a short summary of the key differences between the 2011 IITL and the 2018 IITL.

Malaysia, Singapore ink agreement to defer high-speed rail project for 2 years; KL to pay S$15m for suspending work

Malaysia, Singapore ink agreement to defer high-speed rail project for 2 years; KL to pay S$15m for suspending work

Both sides have also committed to resume work on the project by the end of May 2020, failing which it will be deemed to be terminated.

China, S'pore courts sign agreement on handling judgments in money disputes

China, S'pore courts sign agreement on handling judgments in money disputes

The agreement was signed by CJ Sundaresh Menon and his Chinese counterpart Zhou Qiang last Friday on the sidelines of the second Singapore-China Legal and Judicial Roundtable.

Court papers reveal suspect's health woes

Court papers reveal suspect's health woes

His concerns over jail conditions, caning also brought up at extradition hearing in London

Categories: Headlines
UK court clears way for StanChart robbery suspect's extradition

UK court clears way for StanChart robbery suspect's extradition

Canadian David James Roach is accused of robbing StanChart Bank's Holland Village branch of $30,000 in July 2016. He was arrested in London in January 2018.

Journals Online: Conflict of Laws

This article in the SAL Annual Review encapsulates and evaluates the 2017 decisions of the Singapore courts on conflicts of law. It is authored by Professor Joel Lee Tye Beng.

Mareva Injunctions in aid of foreign court proceedings

In China Medical Technologies, Inc (in liquidation) and another v Wu Xiaodong and another [2018] SGHC 178, the SHC held that it was empowered to grant a Mareva injuction in aid of foreign proceedings.

Journals Online: Redefining drug offences in Southeast Asia

This article puts forward an alternative to handling the drug problem, which would satisfy constituencies demanding the retention of high deterrence policies, yet avoid many of their costly side effects.

The “Singapore Convention”: The way forward in international mediation?

The “Singapore Convention”: The way forward in international mediation?

Settlements reached through mediation could be enforceable internationally should the Singapore Convention come into force. In this alert we analyse its key aspects of the draft and its current status.

The validity of ‘floating’ choice of law clauses and jurisdiction clauses

The validity of ‘floating’ choice of law clauses and jurisdiction clauses

In landmark decision Shanghai Turbo Enterprises Ltd v Liu Ming [2018] SGHC 172, the SHC found that such ‘floating’ clauses are not valid under Singapore law.

Singapore ratifies the Comprehensive and Progressive Agreement for Trans-Pacific Partnership

On 19 Jul 18, Singapore became the third country to ratify the CPTPP, following Mexico and Japan. This article looks at the key features of the CPTPP.

China establishes international commercial courts to handle Belt and Road Initiative disputes

On 1 Jul 18, the Supreme People’s Court of China’s Regulations for the establishment of two new international commercial courts in China (the CICCs) came into effect. This article looks at the scope and key features of the Regulations.

Monetary Authority of Singapore (Sanctions and Freezing of Assets of Persons - Democratic People’s Republic of Korea) Regulations 2016 amended with effect from 4 May 2018

The main amendment is the insertion of a new provision which prohibits any transaction, assistance or service relating to any vessel used to ship items procured from or by the DPRK.
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