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Introduction In an information paper (“Information Paper”) dated June 2014, the Monetary Authority of Singapore (“MAS”) sought to outline some of the policies, procedures and controls that were required for Read more

August 1, 2014

Introduction On April 16, 2014, Singapore, Australia, Korea, New Zealand, the Philippines and Thailand released a Consultation Paper (“Consultation Paper”) to seek views from the public on the implementation of Read more

August 1, 2014

1.      Introduction to virtual currency and crypto-currency, with a focus on Bitcoin Virtual currency is a computer-generated unit of exchange that can be used to purchase goods or services from Read more

May 29, 2014

In late 2012, the Singapore Ministry of Manpower embarked on an exercise to review the Employment Act (“EA”) to ensure that it remains relevant and responsive to the changing labour Read more

May 1, 2014

Case note on Lek Gwee Noi v Humming Flowers & Gifts Pte Ltd On 8 April 2014 the High Court of Singapore made a ruling regarding the width and enforceability Read more

May 1, 2014

Introduction The Personal Data Protection Act 2012 (“PDPA”), which applies to all private organisations that collect or process personal data in Singapore will be implemented in two phases. The first Read more

May 1, 2014

In the wake of the global financial crisis, MAS announced plans to improve the regulation and supervision of over-the-counter (“OTC”) derivatives to meet the post-crisis objectives set by the G20 Read more

May 1, 2014

On 5 May Singapore and the United States signed an agreement to enable Singapore based financial institutions to more easily comply with the US Foreign Account Tax Compliance Act (“FATCA”). Read more

May 1, 2014

The Early Stage Venture Fund (“ESVF”) is an initiative of the National Framework for Innovation and Enterprise (“NFIE”) and is administered by the National Research Foundation (“NRF”) from the Prime Read more

May 1, 2014

Facts The first defendant, Zhang Qing (“Zhang”) was a highly valued senior employee of the Plaintiff, Quality Assurance Management (“QAM”). However, it transpired that Zhang had, while still in QAM’s Read more

March 3, 2014