The Amendments to the SOP Act Are Coming Into Effect Effective Date – 15 December 2019 Introduction 1. The amendments to the Building and Construction Industry Security of Payment Act (the “SOP Act”) will take effect from 15 December 2019. 2. Earlier this year, we...

Why this is important In ST Group Co Ltd and others v Sanum Investments Limited and another [2019] SGCA 65, the Singapore Court of Appeal (“SGCA”) refused to enforce an SIAC arbitration award of over USD 200 million, on the ground that the selection of the seat of...

TECH MATTERS The Ethical Path to Singularity - Governance of Artificial Intelligence; an Eye on the Digital World In the Tech Matters Series, we will, in collaboration with leading corporate personalities from the global tech ecosystem, consider the latest in...

SALE OF PROPERTY UNDER A WRIT OF SEIZURE AND SALE WITHOUT MORTGAGEE’S CONSENT BYX v BYY [2019] SGHC 237 Introduction 1. In the recent decision of BYX v BYY [2019] SGHC 237, the Singapore High Court ordered that the Sheriff proceed with the sale of an immovable...

Offshore Economic Substance Rules In order to address alleged concerns on unfair tax practices, the European Union has sought to introduce economic substance requirements. As a result, many of the traditional offshore jurisdictions, including the British Virgin...