The Act is meant to give temporary relief to financially distressed individuals, firms and businesses who are facing challenges imposed by COVID-19 but who are otherwise viable and profitable.

This article looks at the flexible and enabling legislation in Bermuda, the British Virgin Islands (BVI) and the Cayman Islands, which provides the tools for addressing these issues.

The rapid outbreak of Covid-19 and the accompanying lockdown measures have dramatically changed life as we know it and transformed the business outlook for 2020 and beyond.

Effective April 7, most courts in Singapore will only be hearing essential and urgent matters over the next four weeks and IPOS has announced the extension of many deadlines to May 8th.

Beginning 1 Feb. 2021, the government of Singapore will require a COVID-19 vaccination in order for foreign nationals to be granted or renew long-term work passes, work passes and new permanent residence applications.

The Coronavirus Disease 2019 (COVID-19), categorised by the World Health Organization as a pandemic on 11 March 2020, has now spread to 215 countries, areas and territories across the world.

As discussed in a recent blog post, the Inland Revenue Authority of Singapore ("IRAS") has been issuing guidance on the impact of COVID-19 on transfer pricing issues.

The Singapore Exchange Regulation ("SGX RegCo") has on 22 April 2020, in consultation with the Monetary Authority of Singapore, announced an automatic extension to issuers with financial years ending on 29 February 2020.

Contracts of insurance are not included within the list of "scheduled contracts" which will benefit from the temporary relief measures under the terms of the Act.

Just 11 days after the announcement of the unprecedented supplementary Resilience Budget valued at S$48 billion...

The Singapore government will launch two dedicated vaccination channels for overseas Singapore citizens to return to Singapore to be vaccinated.

COVID-19 unfortunately is now a global issue. The experience of this in Asia (and its two months headstart), may be of relevance for the rest of the world.

Per the Singaporean Ministry of Health, Work Pass holders and their dependents must be fully vaccinated against COVID-19 beginning February 1, 2022.

Hotel quarantine measures will be adjusted for travelers residing in hotels after testing positive for COVID-19 beginning 20 Dec. 2021

In light of the COVID-19 situation stabilising in Singapore but noting the weakness of the labour market in Singapore, the Singapore government announced additional support for workers and jobs ...

Effective October 1, 2022, Singapore will only require certain applicants for work pass renewals to be fully vaccinated. Specifically, only Work Permit and S Pass holders employed...

Singapore will reopen to fully vaccinated travel lanes beginning 1 April 2022.

Through the three budgets as announced by the Singapore Government, a total of S$9 billion will be disbursed to businesses and individuals in April 2020 to counter the impact that the COVID-19...

The Singapore Exchange Regulation ("SGX RegCo") has on 8 April 2020 introduced measures to support issuers amid the challenging business climate due to COVID-19.

Generally, companies are required to consult the IRAS before applying term-testing.