A committee to enhance Singapore's corporate restructuring and insolvency regime was convened by the Ministry of Law to provide recommendations to further enhance Singapore’s corporate debt restructuring and insolvency framework. The Committee has recently released its report which is open to the public’s feedback until 8 April 2025. This update summarises the report.
The Monetary Authority of Singapore announced last month that the Equities Market Review Group has recommended its first set of measures to enhance the development of Singapore’s equities market, collectively aimed at increasing investor interest and deepen liquidity. This update summaries some of these measures which would be particularly relevant to existing issuers already listed on the Singapore Exchange.
On March 14, the Singapore High Court upheld a worldwide freezing order against the former employees and Singa Wealth.
The judge said Mr Rajan's explanation for deleting applications from his devices was unsatisfactory.
Contract — Breach ; Damages — Assessment
Contract — Formation ; Restitution — Unjust enrichment
The review panel found lapses in the process and communication between the Accounting and Corporate Regulatory Authority and Ministry of Digital Development and Information.
A review panel flagged shortcomings that led to the mass disclosure of NRIC numbers of key business representatives and others on Bizfile’s database.
This article will explore the key requirements that dealers of jewellery or other products comprising precious stones and metals must navigate in order to operate in compliance with Singapore laws.
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.
Contract — Formation ; Contract — Intention to create legal relations
This update gives a brief introduction into the background and salient details of the Agreement on the Johor-Singapore Special Economic Zone (“JS-SEZ”) which Singapore and Malaysia signed on 7 January 2025 as well as some of the initiatives and incentives in support of the Agreement.
The review and update of compliance manuals is often a matter that gets placed on the back burner behind the myriad of priorities and business needs. This update looks at a simple approach for updating and structuring compliance manuals and protocols.
Confidence — Breach of confidence
Contract — Undue influence
Agency — Principal ; Contract — Contractual terms
Contract — Assignment ; Evidence — Admissibility of evidence
In Li Jialin and another v Wingcrown Investment Pte Ltd [2024] SGCA 48, the Singapore Court of Appeal held that a contractually stipulated deposit amounting to about 63% of the purchase price of a property in Singapore was not reasonable as an earnest, and hence could not be forfeited in its entirety or in part. This update takes a look at the Court of Appeal’s decision.
The Johor-Singapore Special Economic Zone (“JS-SEZ”) aims to facilitate cross-border flows of goods, ease the movement of people, and strengthen the investment ecosystem within the JS-SEZ. This update explores several initiatives that will support the JS-SEZ.