323 results found

On May 19th, 2021, Singapore's Green Finance Industry Task Force (GFIT), an industry-led initiative convened by the Monetary Authority of Singapore (MAS), issued a detailed implementation guide...

In a further effort to help listed companies align their ESG-related disclosures in line with other international standards and best practices, and to build on ESG reporting landscape in Singapore...

It's no surprise that many companies have already chosen to make Singapore their de facto home in Asia Pacific. We believe some recent trends and developments build the case for incorporating in Singapore even further.

The banking crisis from across the world is unfolding rapidly, with the latest milestone being the dramatic...

A recent move by the Monetary Authority of Singapore (MAS) has illustrated that the costs of non-compliance with anti-money laundering (AML) requirements can be as severe as the revocation of a banking license. This serves as a stark reminder to global financial institutions of their AML responsibilities.

In the intricate world of international commerce, structured trade finance transactions play a crucial role in facilitating cross-border transactions and managing risk.

With the passage of the GENIUS Act in the US, there has been an increased focus on how different countries have approached Stablecoin regulation. This blog examines stablecoin regulation in Singapore.

On 13 May 2020, the Monetary Authority of Singapore ("MAS"), the Singapore FinTech Association ("SFA") and the AMTD Group and AMTD Foundation (collectively, "AMTD")

Trade finance is often structured as self-liquidating financial transactions, with trust receipts and sale and repurchase agreements being the common staples of the industry.

This article provides a summary of the changes to the available tax incentives for Qualifying Funds, and their implications for fund managers and family offices in Singapore.

In Sudha Natrajan v The Bank of East Asia Ltd [2016] SGCA 66, the Court of Appeal took the opportunity to discuss the duties of a bank whenever dealing with a vulnerable guarantor, and the issue of undue influence on a guarantor giving a guarantee.

The English Court of Appeal ("Court of Appeal") recently decided on an appeal brought by a borrower against a bank in relation to the validity of a loan restructuring on the grounds of intimidation, economic duress and breach of duty by the bank.

The Monetary Authority of Singapore (" MAS") has issued a consultation paper on 22 May 2018, inviting comments on a proposed new Notice on Listing, De -listing or Trading of Relevant Products ...

As Singapore strives to be a leading financial centre in the region, banking secrecy laws have become increasingly important. Banking secrecy is what guarantees clients of banks that their information will be kept confidential and will not be passed on to private individuals or official bodies. In Singapore, this comes in the form of section 47 of the Banking Act ("the Act") which places banks under statutory obligations of secrecy in respect of customer account information. This obligation of c

The Monetary Authority of Singapore (MAS) announced that the revised framework for Single Family Offices (SFOs), which provides a simple, streamlined process for SFOs to establish operations in Singapore, was brought into force on 15 June. The revised framework creates a straight through class exemption from licensing for all qualifying SFOs operating in Singapore, regardless of structure. SFOs that meet the requirements need only notify MAS of their operations and maintain an account with a MAS-licensed bank. They also have to file an annual return with information on the total assets under management and the name of their bank.

In Seagate Technology In ternational v Vikas Goel [2016] SGHC 12 ( "Seagate v Vikas"), the defendant provided personal guarantees in favour of the plaintiff for banking facilities granted to the defendant's company.

The defendant's unsatisfactory responses to the Court's questions included those relating to his failure to call either Chee or William as his witnesses.