JD Supra Singapore

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Latest documents

• Asia-Pacific and Middle East Privacy Legislation Tracker

  As privacy and data protection frameworks continue to evolve, organizations face an increasingly complex regulatory landscape. Clear, practical insight is critical to assessing obligations, anticipating regulatory change, and making confident decisions. To help clients navigate this complexity, we are pleased to announce the expansion of our Asia-Pacific Privacy Legislation Tracker, now relaunched as the Asia-Pacific and Middle East Privacy Legislation Tracker. Building on the comparative reference tool trusted by organizations across the region, this extension includes six additional jurisdictions – Bahrain, Israel, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE) – bringing the total to 18 jurisdictions. Designed to cut through complexity, the tracker provides a concise and up-to-date overview of privacy legislation across the Asia-Pacific and Middle East, enabling organizations to: - Assess and compare personal data regulatory obligations with greater clarity and precision. - Anticipate and manage evolving personal data compliance risks with confidence. - Stay ahead of legislative and regulatory personal data developments affecting regional and cross-border activities.

• Asia-Pacific Spotlight: Renewables and the global supply chain

  Bridging the renewables funding gap in APAC: Key challenges and opportunities for developers and investors Financing gaps, trade uncertainties, and supply chain bottlenecks are clouding APAC’s clean energy ambitions – even as demand reaches historic highs. At a glance: ƒ Surging renewables demand: Renewables demand in the Asia-Pacific (APAC) region is accelerating, driven by the data center boom as well as resurgent decarbonization and energy security objectives.

• Buying and Selling Real Estate in Singapore (Updated)

  KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER SINGAPOREAN LAW - INTRODUCTION - There are two systems of land registration in Singapore: registration under the Registrations of Deeds Act, known as “unregistered land”, and registration under the Land Titles Act, known as “registered land”. Currently, most land in Singapore has been converted and brought under the latter registration system. As such, most of this article will be concerned only with land registered under the Land Titles Act. The entity overseeing the land registration in Singapore is the Singapore Land Authority (“SLA”).

• SIAC Releases New Arbitration Rules

  The rules will come into effect on 1 January 2025, aiming to enhance the overall efficiency and integrity of SIAC’s arbitration proceedings. On 9 December 2024, the Singapore International Arbitration Centre (SIAC) released its new SIAC Rules for 2025 (SIAC Rules 2025), which will come into effect on 1 January 2025.

• Establishing a Business Entity in Singapore (Updated)

  Registration of Business Entities - Unless exempted, business entities must be registered with the Accounting and Corporate Regulatory Authority (ACRA) via their business filing portal: BizFile+. A foreigner residing overseas would need to engage the services of a registered filing agent (for example, a law firm, accounting firm or corporate secretarial firm) to submit the online application on his behalf. Goodwins Law Corporation is a registered filing agent.

• Singapore’s New Significant Investments Regime Comes Into Law

  The Significant Investments Review Bill (the Bill), introduced by the Ministry of Trade and Industry (MTI), was passed by parliament on 9 January 2023 and is likely to enter into force in mid to late 2024. The Bill aims to protect the national interests of Singapore by regulating significant investment in, and control of, critical entities.

• Singapore’s New Significant Investments Regime

  The Ministry of Trade and Industry (MTI) introduced the Significant Investments Review Bill (the Bill) to parliament on 6 November 2023. The Bill aims to protect the national interests of Singapore by regulating significant investment in, and control of, critical entities. Entities that are considered critical to Singapore’s national security will be designated under the regime and will be regulated accordingly. The Bill also provides scope for the Minister of Trade and Industry to review transactions involving entities that have acted against Singapore’s national interests, even if such entities are not designated under the Bill. Therefore, the scope of the proposed new legislation is not finite.

• Singapore Expands Scope of Shareholders Excluded for Calculating Compulsory Acquisition Threshold

  New legislation strengthening the compulsory acquisition regulatory framework in the Companies Act 1967 is welcome news for minority shareholders. On 9 May 2023 the Parliament of Singapore passed the Companies, Business Trusts and Other Bodies (Miscellaneous Amendments) Bill (the Bill), which, among other changes, excludes shares held by certain persons connected with the offeror from the computation of the 90% threshold for compulsory acquisition under section 215 of the Companies Act 1967 (the CA). The Bill is expected to come into law later this year. Please see full Alert below for more information.

• Establishing A Business Entity In Singapore (Updated)

  Registration of Business Entities - Unless exempted, business entities must be registered with the Accounting and Corporate Regulatory Authority (ACRA) via their business filing portal: BizFile+. A foreigner residing overseas would need to engage the services of a registered filing agent (for example, a law firm, accounting firm or corporate secretarial firm) to submit the online application on his behalf. Goodwins Law Corporation is a registered filing agent. Please see full Chapter below for more information.

• Buying and Selling Real Estate in Singapore (Updated)

  KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER SINGAPOREAN LAW - INTRODUCTION - There are two systems of land registration in Singapore: registration under the Registrations of Deeds Act, known as “unregistered land”, and registration under the Land Titles Act, known as “registered land”. Currently, most land in Singapore has been converted and brought under the latter registration system. As such, most of this article will be concerned only with land registered under the Land Titles Act. The entity overseeing the land registration in Singapore is the Singapore Land Authority (“SLA”). Please see full Chapter below for more information.

Featured documents

• Singapore Signs FATCA IGA

  On December 9, 2014, Singapore’s Inland Revenue Authority announced that Singapore and the United States had on that day entered into a Model 1 FATCA IGA. ...

• SGX public consultation on listing rules amendments to align with changes to the Companies Act - Electronic transmission of notices and documents

  After a series of public consultations by the Steering Committee for the Review of the Companies Act, key provisions in the Companies Act (Cap 50) of Singapore (Companies Act) were identified for reform and refinement. The resultant Companies (Amendment) Bill 2014 incorporating such proposed...

• SIAC Announces New Arbitration Rules 2016

  The Singapore International Arbitration Centre continues to innovate with new features in its updated arbitration rules. On 30 June, the Singapore International Arbitration Centre (SIAC) announced the release of the sixth edition of its arbitration rules (SIAC Rules 2016), which will take...

• Tax Amnesties and STRs

  While the monetary authorities in Singapore insist that participation in a tax amnesty program would not automatically trigger a criminal investigation, they could still use STRs filed in connection with tax amnesty to flag potential issues....

• Proposed Amendments to SCA Reduce Regulatory Burden, Improve Transparency

  Singapore’s Ministry of Finance (MOF) and Accounting and Corporate Regulatory Authority (ACRA) have invited public feedback on amendments to the Singapore Companies Act aimed at reducing regulatory burden and improving corporate transparency, with comments due by 13 January 2017....

• Singapore Legal Update - April 2017

  The New Registers of Registrable Controllers and Nominee Directors - Companies incorporated in Singapore and foreign companies registered to carry on business here have 60 days from 31 March 2017 to keep a register of registrable controllers. Singapore-incorporated companies must also keep a...

• Announcement Clarifies Regulatory Position on Digital Token Offerings in Singapore

  In the wake of a recent increase in the number of initial coin (or token) offerings ("ICOs") in Singapore as a means of raising funds, as well as announcements from other concerned regulators, including in the United States, the Monetary Authority of Singapore ("MAS") clarified in an announcement...

• Re: Attilan Group Ltd – A Cautious Beginning for Rescue Financing in Singapore

  On 8 November 2017, the High Court released its decision in Re Attilan Group Ltd [2017] SGHC 283 (the "Attilan" case). The decision is interesting as it marks the first time the High Court had the opportunity to hear arguments on section 211E of the Companies Act (the "Act") on super priority for...

• Singapore: Key Employment Trends for 2018

  We are pleased to share some “crystal ball” predictions on employment trends we expect to see in Singapore in 2018. Among other trends, the momentum of the #MeToo movement is likely to trigger Singapore companies to implement measures designed to maximize a harassment-free work environment, and to...

• Caveat Emptor: The New Face of Consumer Protection in Singapore

  The Competition and Consumer Commission of Singapore’s mandate broadened as of 1 April 2018 to include the administration and enforcement of the Consumer Protection (Fair Trading) Act. With this expanded mandate and increased powers, the commission builds on its capabilities to protect consumers...