The EU-Singapore Investment Protection Agreement (the “Investment Agreement”) was signed on 19 October 2018. The Investment Agreement is now in the process of ratification by all EU member states and will soon come into force. Once it comes into force, the Investment...
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Legal Update: Key Amendments to the Securities and Futures Act in Singapore
Major changes to the Securities and Futures Act The Securities and Futures Act (Cap. 289) (“SFA”) has been amended since 8 October 2018 to introduce major changes to Singapore’s capital markets regulatory framework. In this client update, we summarise 3 key changes to...
ERRARE EX MACHINA: A Case Study
B2C2 Ltd v Quoine Ptd Ltd [2019] SGHC(I) 3 The first local judgment relating to digital currencies Introduction The Singapore International Commercial Court (“SICC”) found that the operator of a virtual currency exchange platform was liable for breach of contract and...
E-briefing: Arbitrating Derivatives Disputes – A quick cheat-sheet for Corporate Counsel to the 2018 ISDA Arbitration Guide
Why is this important? Dispute resolution concepts would likely be alien to many corporate counsels without a background in disputes. This piece serves as a quick cheat sheet to the 2018 ISDA Arbitration Guide (the “2018 Guide”). Our International Arbitration Of...
E-briefing: Primacy of the seat court: Can parties re-litigate issues already decided in a prior foreign enforcement proceeding?
Why is this important? Do matters such as issue estoppel and the extended doctrine of res judicata preclude parties from raising jurisdictional challenges in setting aside proceedings? Not necessarily. A recent decision by the Singapore High Court reinforces this...
E-briefing: Digital Tokens Regulatory Update
What a year 2018 has been. In his traditional message, the Prime Minister called 2018 a “productive year” and warned of ‘major uncertainties” that the global economy may face in 2019. “But with long term policies in place and a strong team in charge, the...
E-briefing: Is Your Arbitration too costly and lengthy? You can now consider the Arbitral Summary Award Procedure.
Why is this important? With the summary award procedure, parties can skip the hassle of a typical arbitration process and full trial hearing. A binding arbitral award may be obtained in as short as 2 months. This means significant time and costs savings for parties....
E-briefing: Road Traffic Offences
Road Traffic Offences Road traffic offences in Singapore are governed by the Road Traffic Act (Cap 27) (“RTA”). Under section 42 of the RTA, the Court is be empowered to disqualify an offender from holding or obtaining a driving licence for life or for such period as...
E-briefing: Drink Driving
Drink Driving The offence of drink driving in Singapore is governed by the Road Traffic Act (Cap 27) (“RTA”) section 67. A person who, when driving or attempting to drive a motor vehicle on a road or other public place, and is unfit to drive for the reason that he is...
E-briefing: Is your international arbitral award still enforceable even after it has been set aside? – A Comparative Perspective
Why is this important? Is an arbitration award useless if it has been set aside at the seat? Not necessarily. An award that has been set aside may still be enforceable in certain jurisdictions. A recent decision by the Singapore High Court reinforces this position....