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Vulnerable Adults Act 2018 allowing intervention to protect vulnerable adults in force from 19 December 2018

This update sets out the scope of the Act and guiding principles underlying the exercise of the power of intervention, key provisions of the Act and the background.

Carbon Pricing Act 2018 imposing carbon tax in force from 1 January 2019

The Act makes consequential and related amendments to the Energy Conservation Act and imposes a carbon tax on certain greenhouse gas emissions of business facilities, measured from 2019 onwards. 

Singapore’s new “omnibus” Insolvency, Restructuring and Dissolution Bill

We discuss the key changes, and examine what the latest amendments mean for creditors, debtors and other stakeholders.

Developments in Restructuring & Insolvency in 2018

In 2018, the legal advancements in Restructuring & Insolvency have been swift and significant. This update looks at some of the noteworthy developments.

SGX Requirements for Listed Companies Conducting an Initial Coin Offering

On 15 Nov 2018, SGX RegCo announced requirements for listed companies planning to conduct an ICO on the Regulator’s Column.

Second Reading of the Serious Crimes and Counter-Terrorism (Miscellaneous Amendments) Bill

This update outlines the key amendments that will be made to the CDSA and TSOFA.

Banking Act changes on enhanced safeguards, corporate governance and risk management controls for banks

This article highlights the key changes which came into force on 30 Nov 2018.

New resolution regime for FIs in Singapore

The MAS Act has been amended with effect from 29 Oct  to strengthen and enhance the powers of the MAS to resolve distressed FIs in an orderly manner.

Income Tax Act amended with effect from various dates to implement tax changes in Budget Statement 2018 and other changes

The Income Tax (Amendment) Act 2018 was gazetted on 12 Nov 18 and has come into force from various dates.

Tags: Tax

Strides towards improved borrower protection and increased regulation in the moneylending industry

This article will discuss the main changes introduced by the Moneylenders Amendment Act 2018.

Amendments to the Building Maintenance and Strata Management Act and Regulations to come into operation on 14 December 2018 and 1 February 2019

BMSMA 2017 was passed in Parliament on 11 September 2017 and received the President’s Assent on 3 October 2017.

MAS proposes revisions to the exemption framework for cross-border business arrangements of capital markets intermediaries

MAS is now proposing to switch the exemption regime from a case-by-case approval to a post-fact notification approach.

Payment Services Bill 2018

The Bill, once passed, represents a significant milestone in consolidating, streamlining and modernising existing payments legislation as part of Singapore's payments roadmap to 2020.

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