The draft SIAC Insolvency Arbitration Protocol sets out a procedure for arbitration at SIAC for the resolution of disputes arising in relation to insolvency proceedings. This update considers the application of the draft Protocol and reviews its key differences from the current SIAC Rules.

This update provides an overview of the Protection from Scams Bill which will empower specified officers to issue a Restriction Order to banks to restrict the banking transactions of an individual, if there is reason to believe that the individual will make transactions to a scammer.

This update provides a summary of the proposed key measures covered in the Maintenance of Racial Harmony Bill and focusses on significant points and obligations relevant to potential entities affected by the Bill such as racial or ethnic-based organisations, eg, clan associations, trade chambers, charities, etc.

This update looks at the scope and safeguards of the Protection from Scams Bill passed in Parliament on 7 January which will give the police powers to issue restriction orders to banks, which will then restrict the banking transactions of an individual’s accounts.

This update highlights key aspects of the Protection from Scams Bill, such as the basis and impact of restriction orders issued by specified police officers, and the potential risks for banks.

The ACRA (Registry and Regulatory Enhancements) Act 2024 took effect on 9 December 2024, and introduces provisions to strike a balance between corporate transparency and data protection, facilitate digital communications with businesses and stakeholders among other things. This update looks at the key changes under the Act.

The 7th edition of the Arbitration Rules of the Singapore International Arbitration Centre came into force on 1 January 2025 and introduces new procedures and enhancements to consistently ensure fair proceedings, efficiency in the conduct of the arbitration proportionate to the amount and complexity of issues in dispute, and enforceability of any award.

A draft of the SIAC Insolvency Arbitration Protocol was released for public consultation which ended earlier this month. This update looks at the applicability and features of the Protocol which provides insolvency practitioners and parties another option to efficiently resolve insolvency disputes.

The Competition and Consumer Commission of Singapore has given positive guidance in the first case considered under the streamlined process outlined in its guidance note on Business Collaborations Pursuing Environmental Sustainability Objectives to assess collaborations pursuing environmental sustainability objectives.

This update highlights the Government’s current position on the use and disclosure of NRIC numbers based on existing statements and guidelines.

On 29 November 2024, the Monetary Authority of Singapore announced changes affect real estate investment trusts (REITs): the imposition of a minimum interest coverage ratio (ICR) of 1.5 times and a single aggregate leverage limit of 50% on all REITs, and a requirement  on REITS to perform and disclose sensitivity analyses on the impact of changes in EBITDA and interest rates on their ICR in their financial result announcements and annual reports. This update briefly discusses the above requirements.

The Singapore International Arbitration Centre (“SIAC”) 2025 Arbitration Rules came into force on 1 January 2025. This update highlights the key procedural mechanisms newly introduced in the Rules which clients and users of the SIAC will need to be aware of.

The Workplace Fairness Bill was introduced in Parliament on 12 November 2024 and seeks to protect individuals from discrimination establish fair employment practices among other things. This article sets out some of the key provisions of the Bill.

The Ministry of Law and Ministry of Digital Development and Information recently sought feedback via a consultation paper to address growing concerns regarding online harms with existing laws facing limitations in mitigating online dangers. This update highlights the key features of proposed measures in the paper which seeks to address some of these issues.

The Administration of Justice (Protection) (Amendment) Bill was passed in Parliament on 13 November 2024, with the intent to safeguard the administration of justice in Singapore by clarifying that egregious of the court process will amount to contempt of court. This update discusses the key amendments introduced by the Bill.

On 2 January 2025, the Intellectual Property Office of Singapore will launch a pilot initiative for an expedited track (“Expedited Track”) for certain proceedings before the Registrar of Trade Marks like trade mark oppositions and revocations. This update provides a summary on the Expedited Track.

This update looks at some of the key amendments which was introduced with the Insolvency, Restructuring and Dissolution (Amendment) Bill as part of the Ministry of Law’s efforts to bolster Singapore’s insolvency framework and support for financially distressed companies.

The Child Development Co-Savings (Amendment) Bill was passed in Parliament last month to amend the Child Development Co-Savings Act 2001 which provide for new and enhanced parental leave schemes among other changes. This update reviews the upcoming changes and how they will be implemented.

The Monetary Authority of Singapore recently issued an updated version of the Code on Collective Investment Schemes to rationalize leverage requirements for the real estate investment trust sector following a consultation paper seeking feedback. This update sets out the key changes of the Code.

The Ministry of Home Affairs recent issued a press release on the provisions of the Anti-Money Laundering and Other Matters Act 2024 which partially came into operation on 14 November 2024. This update sets out the key details of the press release.