New obligation to report suspicious activities and incidents of fraud to MAS...
The new Notices issued by MAS require entities regulated by MAS to lodge a report in the form prescribed in the new Notices on discovery of suspicious activities and incidents of fraud...
View ArticleFinancial Holding Companies Bill 2013: Establishing regulatory framework for...
The Bill provides for various aspects of financial holding companies including information submission requirements, changes in shareholding and control, exposure limits, and minimum asset and capital...
View ArticleSCA overturns injunction over Maldivian airport
The SCA in Maldives Airports Co Ltd [2013] SGCA 16 held that the Singapore courts had the power to grant an injunction against a foreign state, but it chose not to exercise its discretion to do as the...
View ArticleDoes an agreement on the division of assets made in contemplation of...
This executive summary looks at the general principles which guides the court with regard to the division of matrimonial assets as provided for in s 112 Women’s Charter...
View Article[UK] Update on changes to the UK regime for the taxation of non-UK tax...
This executive summary looks at the legislation for inclusion in the Finance Bill 2013 relating to Annual Residential Property Tax, Stamp Duty Land Tax and Capital Gains Tax on non-natural persons...
View ArticleInterim relief in aid of arbitration against a sovereign: Maldives Airports...
In Maldives Airports Co Ltd v GMR Malé International Airport Pte Ltd [2013] SGCA 16, the SCA discharged an interim injunction in aid of arbitration granted by the High Court against, inter alios, the...
View ArticleMicrosoft fined by the European Commission for non-compliance with...
The European Commission imposed a fine of €561 million on Microsoft for failing to comply with a 2009 binding commitments decision pursuant to Article 9 of Regulation 1/2003.
View ArticleSingapore Budget 2013: Key tax measures relating to the financial services...
This executive summary looks at the main 2013 tax measures announced by the Singapore government...
View ArticleSHC: Controlling the use of investment funds - Tembusu Growth Fund Ltd v...
Tembusu Growth Fund Ltd v Actatek, Inc and others [2013] SGHCR 2 emphasises the importance of ensuring that both the Manner of Use clause and the Manner of Use Document are recognised as integral to...
View Article