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Fifth Round of Securities and Futures Act Amendments Take Effect
This update discusses the fifth and latest round of amendments to the Securities and Futures Act pursuant to the Securities and Futures (Amendment) Act 2009. These amendments take effect on 1 October 2012 and 19 November 2012 and relate to the new disclosure of interests regime, attribution of liability and a new remedy of disgorgement for market misconduct offences, and a new regime for foreign business trusts.
Established in 1889, Drew & Napier LLC is one of Singapore's leading and largest law firms, with over 250 lawyers and fee-earners. Consistently rated top tier in dispute resolution over the years by international ranking organisations such as Asia Pacific Legal 500, Chambers Global, Practical Law Company, Best Lawyers and Asia Law, the firm has 7 Senior Counsel. The firm is headed by chief executive officer, Davinder Singh, Senior Counsel. Drew & Napier LLC is also rated top tier in Corporate Insolvency & Restructuring, Intellectual Property (Patents and Trademarks), Competition & Antitrust, Telecommunications, Media & Technology and Tax, with market leading practices in Mergers & Acquisitions, Corporate Finance, and Admiralty & Shipping. For more information, please visit www.drewnapier.com