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  • Article

    Banking & Finance 2nd Edition Country Comparative Guide

    Our Partner Eric Chan contributed to the Singapore Chapter of The Legal 500
    SingaporeFinance and Banking
    Shook Lin & Bok
    Shook Lin & Bok
  • Article

    Financing The Circular Economy – Why, What & How

    This article provides an overview of what a circular economy is, and some of the considerations for financing the transition to a circular economy.
    SingaporeEnvironment
    Shook Lin & Bok
    Shook Lin & Bok
  • Article

    LIBOR Discontinuation – Recent Developments (USD SOFR/SGD SORA) And The Way Ahead

    The United Kingdom's Finance Conduct Authority ("FCA") announced in 2017 that it will no longer encourage or compel panel banks to submit to the London Interbank Offered Rate ("LIBOR") after 2021.
    WorldwideFinance and Banking
    Shook Lin & Bok
    Shook Lin & Bok
  • Article

    Singapore Apex Court To Issue Grounds Of Decision Clarifying The Juridical Nature Of Shipping Liens Over Sub-Freights

    On 5 March 2018, a five-member Court of Appeal (comprising the Honourable Chief Justice Sundaresh Menon and the Honourable Judges of Appeal Andrew Phang Boon Leong, Judith Prakash, Steven Chong and Tay Yong Kwang) ...
    SingaporeTransport
    Shook Lin & Bok
    Shook Lin & Bok
  • Article

    Afterword On Amendments To The Companies Act (From A SGX-Listed Issuer Perspective)

    On 8 October 2014, Parliament passed the Companies (Amendment) Bill 2014 to the Companies Act (the "Act").
    SingaporeCorporate/Commercial Law
    Shook Lin & Bok
    Shook Lin & Bok
  • Article

    MAS Extends Transition Period For AML/CFT Requirements Applicable To Persons Providing Account Issuance Services Who Are Exempted Under The Payment Services (Exemption For Specified Period) Regulations 2019

    The Monetary Authority of Singapore ("MAS") has on 11 February 2021 published Notice PSN01AA on Prevention of Money Laundering and Countering the Financing of Terrorism.
    SingaporeGovernment, Public Sector
    Shook Lin & Bok
    Shook Lin & Bok
  • Article

    MAS Proposes Change To The Industry – Wide Borrowing Limit For Unsecured Credit

    On 30 September 2016, the Monetary Authority of Singapore issued a consultation paper inviting comments on a proposed change to the industry–wide borrowing limit for unsecured credit.
    SingaporeFinance and Banking
    Shook Lin & Bok
    Shook Lin & Bok
  • Article

    The State Administration Of Foreign Exchange Of China ("SAFE") Eases Certain Restrictions On Repatriation Of Offshore Loan Proceeds Into PRC

    On 26 January 2017, SAFE issued the Notice on Further Improving the Reform of Foreign Exchange Administration and Review of Veracity and Compliance (the "Notice").
    SingaporeFinance and Banking
    Shook Lin & Bok
    Shook Lin & Bok
  • Article

    Instant Messaging – Efficiency At A Cost

    This resulted in the bank being unable to record and retain important communications regarding wholesale energy trading.
    United KingdomEnergy and Natural Resources
    Shook Lin & Bok
    Shook Lin & Bok
  • Article

    The Panama Papers Leak: Implications For Organisations And Individuals In Singapore

    So far, media coverage has largely been on the revelation of the use of secretive offshore companies by various political personalities, celebrities and their family members to hide their wealth from prying eyes.
    SingaporeWealth Management
    Shook Lin & Bok
    Shook Lin & Bok
  • Article

    New Regulatory Regime In Singapore For Venture Capital Fund Managers

    Following a consultation initiated in February 2017, the Monetary Authority of Singapore ("MAS") has late last week moved quickly to introduce into Singapore law a new regulatory regime for fund managers...
    SingaporeCorporate/Commercial Law
    Shook Lin & Bok
    Shook Lin & Bok
  • Article

    Employment Act Public Consultation

    The Employment Claims Tribunal ("ECT") was established in April 2017 to facilitate the resolution of salary-related employment disputes while appeals against unfair dismissals are heard by the MOM.
    SingaporeEmployment and HR
    Shook Lin & Bok
    Shook Lin & Bok
  • Article

    MAS Introduces Green And Sustainability-Linked Loan Grant Scheme

    On 24 November 2020, the Monetary Authority of Singapore ("MAS") announced the launch of its grant scheme for green and sustainability-linked loans ("SLLs"), effective as of 1 January 2021.
    SingaporeFinance and Banking
    Shook Lin & Bok
    Shook Lin & Bok
  • Article

    Impact Of Sanctions Clauses On Letters Of Credit – Kuvera Resources v JP Morgan [2023]

    Sanctions clauses in letters of credit can cause payment uncertainty for parties involved in international trade. The Singapore Courts recently considered the validity and enforceability of a sanctions clause in a letter of credit.
    SingaporeInternational Law
    Shook Lin & Bok
    Shook Lin & Bok
  • Article

    MAS Consults On Regulatory Approach To Payment Tokens Based Derivatives

    MAS has on 20 November 2019, published a consultation paper inviting public feedback on its proposal to include, within the regulatory scope of the Securities and Futures Act (Chapter 289), derivatives that are ...
    SingaporeFinance and Banking
    Shook Lin & Bok
    Shook Lin & Bok
  • Article

    MAS Proposes Changes To AML/CFT Requirements For Licensed Money-Changers And Remittance Businesses

    On 16 January 2018, the Monetary Authority of Singapore ("MAS") issued a consultation paper inviting comments on its proposal to amend anti-money laundering ...
    SingaporeGovernment, Public Sector
    Shook Lin & Bok
    Shook Lin & Bok
  • Article

    The Chem Orchid: Proper Termination Of A Bareboat Charter Party

    The recent decision of Justice Steven Chong addresses certain important issues which are of practical significance to ship-owners and bareboat charterers alike.
    SingaporeTransport
    Shook Lin & Bok
    Shook Lin & Bok
  • Article

    Changes Coming Into Force On 1 July 2017

    2017 has seen many changes to the employment law of Singapore. These include, amongst others, the implementation of a two week paternity leave for fathers of newborns and the establishment of an Employment Claims Tribunal.
    SingaporeEmployment and HR
    Shook Lin & Bok
    Shook Lin & Bok
  • Article

    "All-Moneys" Mortgage – Obligations Of A Co-Mortgagor

    The Singapore High Court recently held a mortgagor liable under the mortgage for the debt incurred by the co-mortgagor arising from a separate guarantee given by that comortgagor to the mortgagee...
    SingaporeFinance and Banking
    Shook Lin & Bok
    Shook Lin & Bok
  • Article

    Singapore High Court Interprets The Scope Of An Individual's Right To Bring A Private Action To Enforce A Contravention Of The Personal Data Protection Act 2012

    The defendant was a former employee of a fund management company.
    SingaporePrivacy
    Shook Lin & Bok
    Shook Lin & Bok

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