Member presentation to the U.S. East Coast and Central groups

Chris Goodrich, a Houston, Texas IR Global member, recently gave well-received 20-30 minute presentations to the virtual meetings of both the U.S. East Coast and U.S. Central regions.  The presentation reviewed the definition of value in different legal contexts as well as U.S. professional standards existing for business, real estate and other property appraisals and […]

Chris M. GoodrichPartner, Crady Jewett McCulley & Houren LLP

Extended delays to hold annual general meeting and file annual accounts

By a new law adopted on May 22, 2020 and published on May 29, 2020 (hereinafter the “Law”), the Luxembourg parliament decided to extend for three months the deadline for filing / publishing annual accounts, consolidated accounts and that reports relating thereto and the sanctions relating thereto with regard to directors / managers, as referred […]

Stéphane EbelPartner, duvieusart ebel, avocats associés

HKEx Listing Rule Changes on Disciplinary Powers and Sanctions effective 3 July 2021

On 20 May 2021, the Stock Exchange of Hong Kong Limited (the HKEx) published conclusions to its consultation on review of the Listing Rules relating to disciplinary powers and sanctions1 (the Consultation Conclusions). The HKEx received diverse views, with a majority of respondents agreeing with most of the proposed changes to the HKEx’s disciplinary regime. […]

Clinton MorrowPartner, Charltons

MAS guidelines on environmental risk management for asset managers

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 […]

Lisa ThengManaging Partner, CNPLaw LLP

HKEx Listing Rule Changes on Disciplinary Powers and Sanctions effective 3 July 2021

On 20 May 2021, the Stock Exchange of Hong Kong Limited (the HKEx) published conclusions to its consultation on review of the Listing Rules relating to disciplinary powers and sanctions1 (the Consultation Conclusions). The HKEx received diverse views, with a majority of respondents agreeing with most of the proposed changes to the HKEx’s disciplinary regime. […]

Julia CharltonPartner, Charltons

Non-fungible tokens and their legal implications

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 […]

Lisa ThengManaging Partner, CNPLaw LLP

SFC and HKEX Issue Joint Statement on IPO-related Misconduct

On 20 May 2021, the Securities and Futures Commission (SFC) and the Stock Exchange of Hong Kong Limited (HKEX) issued their joint statement on IPO-related misconduct1 setting out issues detected in recent new listings and the regulators’ proposed approach to dealing with them. These issues mainly involve arrangements to artificially satisfy the initial listing requirements […]

Julia CharltonPartner, Charltons

Setting up a crypto fund in Singapore

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 […]

Lisa ThengManaging Partner, CNPLaw LLP

SFC and HKEX Issue Joint Statement on IPO-related Misconduct

On 20 May 2021, the Securities and Futures Commission (SFC) and the Stock Exchange of Hong Kong Limited (HKEX) issued their joint statement on IPO-related misconduct1 setting out issues detected in recent new listings and the regulators’ proposed approach to dealing with them. These issues mainly involve arrangements to artificially satisfy the initial listing requirements […]

Clinton MorrowPartner, Charltons

Changes to work arrangements for Dependant’s Pass holders

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 […]

Lisa ThengManaging Partner, CNPLaw LLP

Further extension of alternative arrangements for the conduct of general meetings beyond 30 June 2021

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 […]

Min-Li TanPartner, CNPLaw LLP