A defence in illegality would have defeated the Receiving Bank's claim.

The PDPC has on 18 July 2023 published a consultation paper proposing new advisory guidelines to clarify how the Personal Data Protection Act 2012 applies to the collection and use of personal data to develop and deploy AI systems, ...

The European Union (EU)'s Technical Expert Group on Sustainable Finance ("TEG") recently revised their proposed EU Green Bond Standard ("EU-GBS").

This note summarises the key policy postures announced by MAS.

On 2 October 2018, the Employment (Amendment) Bill was introduced in Parliament. This client update will provide an overview of the key changes to the Employment Act as proposed in the Bill.

On 16 November 2016, the Monetary Authority of Singapore issued new Fintech Regulatory Sandbox Guidelines (the "Guidelines"), along with a set of Frequently Asked Questions on the same ("FAQs").

The world's private wealth needs a safe home especially with volatile and uncertain economies.

Investment funds in Singapore are typically constituted as companies, unit trusts or limited partnerships. This is set to change with the advent of a new fund vehicle, the Variable Capital Company.

The Court discussed the mental elements required on the part of the wrongdoer, eventually finding that the bank's actions did not amount to fraudulent conduct.

On 28 May 2018, the Monetary Authority of Singapore ("MAS") issued new Securities and Futures (Short Selling) Regulations 2018 ("SF(SS)R") and new regulatory guidelines ("Guidelines"), ...

The Ministry of Communications and Information and the Personal Data Privacy Commission has on 14 May 2020 issued a consultation paper inviting feedback on proposed changes...

The case involves a minority oppression action brought by the Plaintiff, Peh Yeng Yok, against the 1st Defendant, Tembusu Systems Pte Ltd (the "Company"), and its directors, Andras Kristof and Jarrod Luo...

The SICC also considered the rights of an issuing bank under letters of indemnity presented under letters of credit.

The Monetary Authority of Singapore has issued a consultation paper on 29 April 2016 proposing legislative amendments to Parts IVA and IVB of the MAS Act...

On 15 August 2023, the Monetary Authority of Singapore ("MAS") published its response to feedback received on its proposed regulatory approach for stablecoin-related activities (the "Consultation Response").

It also discussed the impact of receivership on charged receivables, and how non-assignment clauses and third-party set-off rights could encroach on recovery of charged receivables.

On 6 January 2020, the Healthcare Services Bill ("HCS Bill") was passed by Parliament.

On 19 July 2016, the MAS issued a consultation paper proposing various enhancements to the regulatory regime governing the protection of client moneys and assets held by Capital Markets Services licence holders.

The 2020 Revised Edition of Acts came into force on 31 December 2021 to simplify and modernise 510 statutes.

The Monetary Authority of Singapore ("MAS") has on 10 September 2020 published its guidelines on individual accountability and conduct (the "Guidelines").