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In this legal update, we set out to examine §177 of the Companies Act 1967 (the “CA”), one of two statutory provisions enshrining the right of members to convene general meetings of a company, subject to minimum shareholding requirements. While the... [More]
I. Introduction and Background   1. In one of the first ever trials to examine the interaction between non-fungible tokens (“NFTs”) – digital assets based on blockchain technology that have exploded in popularity in recent years – and... [More]
Rescue Financing in Singapore  The Insolvency, Restructuring and Dissolution Act 2018 (“IRDA”) was passed by Singapore’s Parliament on 1 October 2018, and came into effect on 30 July 2020. While the IRDA has introduced several new changes to... [More]
In this legal update, we examine the information paper issued by the Monetary Authority of Singapore (“MAS”) on 28 April 2022 regarding the strengthening of Anti-Money Launder/Combating the Financing of Terrorism (“AML/CFT”) Name Screening Practices... [More]
In this legal update, we examine the new guidelines issued by the Monetary Authority of Singapore (“MAS”) on the new conditions under sections 13O and 13U (formerly sections 13R and 13X respectively) under the Income Tax Act 1947 (“ITA”) for family... [More]
From 4 May 2022, lawyers and clients can now enter into Conditional Fee Agreements (CFAs) with respect to solicitors’ fees in relation to specific legal proceedings. CFAs were previously prohibited in Singapore. What is a Conditional Fee... [More]
I. Introduction   1. On 11 March 2022, the Intellectual Property Office of Singapore (the “IPOS”) announced by way of Circular No. 2/2022 that as part of their efforts to continually provide world-class IP services and strengthen... [More]
What to do in a motor accident? A comprehensive practical guide to motor accident claims in Singapore As part of our commitment to increase public access to practical legal knowledge, we have put together this comprehensive and practical... [More]
On 17 January 2022, the Monetary Authority of Singapore (“Authority”) issued guidelines on the provision of digital payment token (“DPT”) services to the public (“Guidelines”). The Guidelines set out the restrictions on DPT service providers in... [More]
I. Introduction 1. A new Intellectual Property Bill (the “Bill”) was tabled in Parliament for Second Reading on 12 January 2022 and is expected to come into effect in May 2022. The Bill, being intended to amend the existing Geographical... [More]