Professional Services/Legal
Anti-proliferation financing law mandates post-closure record-keeping for pawnbrokers, PSMDs
Failure to comply may result in a fine of up to $100,000 (US$74,000).
Anti-proliferation financing law mandates post-closure record-keeping for pawnbrokers, PSMDs
Failure to comply may result in a fine of up to $100,000 (US$74,000).
Gov’t eyes tighter measures vs. money laundering
A possible amendment to the law includes giving regulators access to suspicious transaction reports.
Singapore outpaces global peers in ethics compliance
Singapore organisations lead with 20% higher ethics and compliance metrics than global averages.
Equity compensation raises tax reporting complications, experts say
Singapore’s simpler tax systems and unique rules create unique problems
SG and HK judiciaries ink MOU on family justice system cooperation
The MOU will streamline access to justice for both jurisdictions.
Better interest income boosts UOB Kay Hian’s FY23 net profit by 61.3% YoY
Net profit for the period was $166.1m.
New bill likely to prolong fundraising, leadership change for firms critical to national security
Legal experts believe cybersecurity and AI entities are likely to be affected by the measure.
Singapore’s new health information bill allows patient data control
The Health Information Bill introduces measures for patient data sharing and protection.
LAZADA LAYOFF LAPSE: Should companies notify unions about retrenchments?
The company reportedly let go of nearly 100 employees early January without notifying the allied workers union.
New bill to expand MAS’ investigative powers proposed
Some of the expanded powers are entering premises without notice.
4 measures investors and businesses must be aware of in 2024
One of the measures will screen investments in entities critical to Singapore’s national security.
Financial services emerge as top practice area for Singapore’s lawyers
The emergence of new technologies is forcing a ‘new age of lawyering,’ says expert.
What are the top roles in Singapore’s legal industry?
The most in-demand position accounts for 32% of the available roles in the sector.
Singapore’s legal sector embraces AI to enhance services
Leveraging AI in Singapore’s legal industry improves efficiency and client satisfaction, says Edric Pan, Deputy Managing Partner Dentons Rodyk &...
CDL subsidiary fined by NZX for breaching listing rules
The regulatory actions are not expected to affect CDL’s business or operations.
SG, Indonesia ink MOU on judicial cooperation
The countries will cooperate in areas such as cross-border commercial law.
SG proposes bill allowing president and ministers to accept roles in int'l organisations
Allowing such will enhance SG's international standing, said the PMO.
Commentary
For higher success with startups, bring independent directors on board
Outdated business continuity plans are putting IT infrastructure at risk