News

New Tripartite Standards on employing fixed term contract employees   The Tripartite Standards on the Employment of Term Contract Employees (the “Standards”) was launched on 31 July 2017. Jointly developed by the Ministry of Manpower (... [More]

Eversheds Harry Elias Partner, S Suressh was quoted in The Straits Times article titled ‘Over 5,000 lawyers and counting as Law Society turns 50’ The article was first published in The Straits Times on 5 October 2017. Between September 2016... [More]

The law on schemes of arrangement in Singapore after SK Engineering Construction Co Ltd v Conchubar Aromatics Ltd and another appeal [2017] SGCA 51   [More]

Introduction 1.  With effect from 23 May 2017, the provision in the Companies (Amendment) Act 2017 (the “Act”) became operative. The modifications to the Companies Act come as part of Singapore’s push to become an international choice of... [More]

The Personal Data Protection Act 2012 (“PDPA”) came into force in phases starting with the provisions relating to the formation of the Personal Data Protection Commission (“PDPC”) on 2 January 2013. The PDPC serves as Singapore’s main authority in... [More]

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On July 25, 2017, the United States Public Company Accounting Oversight Board (“PCAOB”) issued a settled disciplinary order censuring the registered public accounting firm Crowe Horwath (HK) CPA Limited (“Crowe Horwath (HK)”), a partnership located in... [More]

The United States maintains an “open door” policy on foreign investment, and generally welcomes overseas investors, including from mainland China.  The key organisation responsible for reviewing inbound investment is the “Committee on... [More]

Current Position The governments of the UAE, Egypt, Saudi Arabia, Bahrain, Libya, Yemen, Jordan, Mauritius, Mauritania and the Maldives are all reported to have severed diplomatic ties with Qatar last week (week commencing 4 June 2017).... [More]

Culture Reform  The Hong Kong Monetary Authority (“the HKMA”) released a circular entitled "Bank Culture Reform” on 2 March 2017. The circular sets out a framework for establishing a sound corporate culture within an Authorized Institution... [More]