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Key legislative and regulatory developments in Singapore for the year 2018

This Update provides a brief summary of the key statutory and regulatory developments in Singapore for the year 2018.

Analysing the commercial impact of public policy measures: MOH proposals to reduce Singaporeans’ sugar intake from sweetened beverages

MOH lauched a public consultation on 4 Dec 2018 seeking views from the public and key stakeholders on possible measures to reduce Singaporeans' sugar intake from pre-packaged sugar-sweetened beverages.

CCCS clears merger in highly watched food and beverage retail sector

CCCS has cleared the proposed acquisition by NTUC Enterprise Co-operative Limited of Kopitiam Investment Pte Ltd and its subsidiaries.

MAS to launch new S$75 million grant to enhance Singapore’s role as an enterprise financing hub

GEMS will comprise three components: a Listing Grant, a Research Talent Development Grant and a Research Initiatives Grant.

Salvage, reward and treasure

In Nov 2018, the government presented a bill in Parliament which proposes among other things to implement the 1989 Salvage Convention in virtually every respect.

Tags: Shipping

Security token offerings in Singapore

On 30 Nov 2018, MAS released an updated version of "A Guide to Digital Token Offerings". 

Dispute resolution: Master, what does the future hold?

This article summarises the challenges that AI brings to dispute resolution lawyers.

The Prognosis for 2019

To stay competitive, Singapore intends to establish itself as a key financing node in Asia by making available sources of financing in addition to the 20 major banks already doing so.

Tags: Shipping

Trend of increased penalties for workplace safety offences continues

This update examines the sentencing trends for offences under the WSHA following two important SHC decisions which laid down comprehensive sentencing frameworks for offences under the WSHA.

An overview of the Carbon Pricing Regime in Singapore

The Carbon Pricing Act came into force on 1 Jan 19. It is a part of a slew of climate change mitigation and adaptation measures.

[GBR] Brexit and Capital Markets: Considerations for a 'no deal' Brexit

This briefing highlights some key questions to consider should the UK cease to be an EEA country on 29 Mar 2019 without any transitional or special arrangements. 

Singapore Ministry of Health publishes fee benchmarks for surgical procedures in the private sector

As part of efforts to keep healthcare costs sustainable, the Singapore MOH has on 13 Nov 2018 introduced fee benchmarks for surgeon fees at private hospitals and clinics.

IMDA issues COPIF 2018 and COPIF Guidelines 2018, effective from 15 December 2018

The key changes are intended to reflect the Telecommunications Act amendments introduced in 2017, as well as to keep pace with market and technology developments.

Tags: TMT

MOH and HPB consult on measures to reduce sugar intake from pre-packaged sugar-sweetened beverages

The consultation paper seeks views on four possible measures, which are not mutually exclusive, towards pre-packaged SSBs.

SGX RegCo sets out expectations of listed companies conducting ICO

SGX RegCo’s main concern is how the issuer safeguards its own interest and that of its shareholders when it conducts an ICO.

MAS releases updated Guide to Digital Token Offerings

The Guide provides general guidance on the application of the securities laws in relation to offers or issues of digital tokens in Singapore.

MAS releases new FEAT Principles to promote responsible use of artificial intelligence and data analytics

The document sets out 14 principles for firms to consider when assessing existing or developing new internal frameworks to govern the use of AI and data analytics.

SGX RegCo consults on changes to regulation of issue managers and listings review process

This article highlights the key features of the consultation, which closed on 28 Dec 2018. the scope includes the responsibilities and independence of issue managers.

[CHN] China announces detailed rules for allowed deductions before individual income tax

This update sets out the key feautures of the Interim Rules which came into force on 1 Jan 2019.

Tags: Tax
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