Defining ‘Force Majeure’ in a post-Covid landscape In 2020, the Covid-19 pandemic tanked economies, disrupted global supply chains and brought businesses to their knees. With the advent of regulations enforcing […]
Read moreEntrepreneurship is a journey that is inherently filled with risks, setbacks, and other obstacles that, if not avoided, could lead to an early failure for your business. However, failure is not the end of the line but merely a setback on the road to success. When a business fails, there can be various factors that […]
Victims of fraud often face an uphill battle in seeking restitution for their loss. While claims grounded in contract, tort, and equity are available to such victims, the reality is that direct enforcement of such claims against fraudsters is difficult, since “fraudsters often end up in jail, and their larceny-riven estates in bankruptcy.”[1] Additionally, the insolvency […]
Singapore law is based on the principles of common law, similar to the legal systems of other commonwealth jurisdictions. In the more than 50 years since Singapore achieved full self rule and government from Great Britain, its legal system has undergone substantial legislative and procedural changes. The objective behind these changes was to streamline the […]
On 8 December 2020, the Monetary Authority of Singapore (“MAS”) issued the Guidelines on Environmental Risk Management (“Guidelines on ERM”) for asset managers, following a public consultation from June to August 2020. The Guidelines on ERM for Asset Managers set out sound environmental risk management practices that asset managers can adopt to address the impact […]
A case update on Sulaiman bin Mohd Hassan v Public Prosecutor [2021] SGHC 132 by Chooi Jing Yen NB: The Road Traffic Act was substantially amended in 2019 to introduce harsher penalties for driving offences, including in relation to drink driving, careless or reckless driving especially where personal injury or damage to property is caused, and repeat offenders. These […]
What are Non-fungible tokens? Non-fungible tokens (“NFTs”) are unique digital tokens backed by blockchain technology, the same distributed ledger technology supporting well known cryptocurrencies such as Ethereum and Bitcoin. Despite having been around for a while, NFTs have become quite the rage recently largely due to the popularity of cryptocurrency as well as the infrastructure […]
Introduction Cryptocurrencies have very much come back into the news recently since Bitcoin (the most well-known cryptocurrency) rebounded in its price and subsequently went on another roller coaster ride. Much has been said online and in the press about the “rising” prices of Bitcoin and Ethereum reaching new highs only to fall back dramatically, albeit […]
The Ministry of Manpower (“MOM”) announced on 3 March 2021 that for the purposes of aligning the requirements that will allow Dependant’s Pass (“DP”) holders to work in Singapore with the requirements that other foreigners have to satisfy in order to work in Singapore, and consistency with the updates made to the work pass framework […]
On 6 April 2021, the Ministry of Law (“MinLaw”) announced that it will be extending the duration of the legislation that enables entities to hold meetings via electronic means (“Virtual Meetings”) beyond 30 June 2021. This article discusses the extension in relation to the COVID-19 (Temporary Measures) (Alternative Arrangements for Meetings for Companies, Variable Capital […]
Authors: Wong Pei-Ling and Marvin Chua. The Ministry of Manpower (“MOM”) announced on 3 March 2021 that for the purposes of aligning the requirements that will allow Dependant’s Pass (“DP”) holders to work in Singapore with the requirements that other foreigners have to satisfy in order to work in Singapore, and consistency with the updates made to the […]
Authors: Quek Li Fei and Yeo Tun Zen. Introduction Cryptocurrencies have very much come back into the news recently since Bitcoin (the most well-known cryptocurrency) rebounded in its price and subsequently went on another roller coaster ride. Much has been said online and in the press about the “rising” prices of Bitcoin and Ethereum reaching new […]
