The law on schemes of arrangement in Singapore after SK Engineering Construction Co Ltd v Conchubar Aromatics Ltd and another appeal [2017] SGCA 51  

Introduction 1.  With effect from 23 May 2017, the provision in the Companies (Amendment) Act 2017 (the “Act”) became operative. The modifications to the Companies Act come as part of Singapore’s push to become an international choice of forum for...

The Personal Data Protection Act 2012 (“PDPA”) came into force in phases starting with the provisions relating to the formation of the Personal Data Protection Commission (“PDPC”) on 2 January 2013. The PDPC serves as Singapore’s main authority in matters relating to...

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On July 25, 2017, the United States Public Company Accounting Oversight Board (“PCAOB”) issued a settled disciplinary order censuring the registered public accounting firm Crowe Horwath (HK) CPA Limited (“Crowe Horwath (HK)”), a partnership located in the Hong Kong...

The United States maintains an “open door” policy on foreign investment, and generally welcomes overseas investors, including from mainland China.  The key organisation responsible for reviewing inbound investment is the “Committee on Foreign Investment in the...

Current Position The governments of the UAE, Egypt, Saudi Arabia, Bahrain, Libya, Yemen, Jordan, Mauritius, Mauritania and the Maldives are all reported to have severed diplomatic ties with Qatar last week (week commencing 4 June 2017).  In a press release issued...

Culture Reform  The Hong Kong Monetary Authority (“the HKMA”) released a circular entitled "Bank Culture Reform” on 2 March 2017. The circular sets out a framework for establishing a sound corporate culture within an Authorized Institution (“AI”) based around the...

On 8 May 2017, the English High Court, Queen’s Bench Division, issued judgment in The Director of the Serious Fraud Office v Eurasian Natural Resources Corporation Ltd (DSFO v ENRC). The decision articulates important principles on privilege in documents created in...