The Bill seeks to rationalise banking regulation by removing the divide between the Domestic Banking Unit and the Asian Currency Unit, and consolidate the licensing and regulation of merchant banks.

The amendments introduced to the AA and IAA do not change the position in Singapore, but are by way of clarification only.

On 12 Nov, the Intellectual Property (Dispute Resolution) Act 2019 (Commencement) Notification 2019 was gazetted.

Released on 4 Oct, the FAQs provide guidance on the licensing and regulation of payment service providers, the oversight of payment systems, and connected matters under the new Payment Services Act 2019.

Changes include redefined design parameters for GST on imported services, the introduction of the offence for misrepresentation of information, etc.

The SHC in Cheng Tim Jin v Alvamar Capital [2019] SGHC 220 granted a declaration that the plaintiff was a de facto director of a company and thus had a right to inspect the accounting records of the company.

The SCA in Lim Chit Foo v PP [2019] SGCA 70 held that where charges have been stood down, the conduct of those proceedings in respect of their management would be subject to the court’s supervisory jurisdiction.

This article explores the effectiveness of bills of lading as security where there is misdelivery of cargo in circumstances where payment is not by letters of credit.

Initiatives include framework to promote responsible adoption of artificial intelligence, the Green Investments Programme, Project Ubin Phase 5 and Business sans Borders.

Incoterms 2020 features: greater emphasis on how to choose the most appropriate Incoterms rule for a given transaction, a clearer explanation of the demarcation and connection between the sale contract and its ancillary contracts and more.

CCCS applied to the State Courts for an injunction against Fashion Interactive and its owner for engaging in an unfair practice on its e-commerce website, myglamorous.sg.

This article looks at the common law’s answer to the question of whether a wrongfully dismissed employee can choose to keep his contract alive, and discusses some practical considerations and difficulties.

This article discusses some of the changes which we will see at the start of next year.

Views have varied significantly on the extent to which the regulation can be interpreted to undermine current practices adopted to comply with this requirement..

Under the Cryptography Law, Cryptography is categorised into 3 types: Core Cryptography (核心密码), Common Cryptography (普通密码) and Commercial Cryptography (商用密码).

One of the significant changes is an expansion of merger control to cover asset acquisitions. 

In Singularis Holdings Ltd (in Official Liquidation) v Daiwa Capital Markets Europe Ltd [2019] UKSC 50, the Court upheld an earlier decision that a bank was liable to a customer for breach of its Quincecare duty.