In this client update, we highlight the one key proposed regulatory change by the Monetary Authority of Singapore (“MAS”) to expand the scope of regulation of virtual assets service providers ) (“VASPs”) to align Singapore’s anti-money laundering and countering the...

The Ministry of Commerce, the Government of the Republic of the Union of Myanmar has announced that the "Soft Opening Period" for the trademarks registration process under Myanmar’s new trademark law shall commence on 1 October 2020. What Does This Mean? Under the new...

This blog examines: whether you are able to start your divorce in Singapore or England (jurisdiction); if so, what factors the courts in Singapore or England will take into account in dividing the assets between you (and whether ongoing maintenance might be...

Introduction 1. This is an update to our earlier article of 10 April 2020 summarising the COVID-19 (Temporary Measures) Act[1] (“Act”) for commercial landlords[2]. 2. The Act was passed on 7 April 2020. On 5 June 2020, Parliament passed various amendments to the Act,...

Malaysia is not immune to global financial and economic crises. Over the last 20 years, Malaysia has experienced its fair share of financial crises but never with so much uncertainty. After close to two months of lockdown under the Movement Control Order (MCO) to curb...

Introduction 1. The Court of Appeal has recently held that the Building and Construction Industry Security of Payment Act (Cap 30B) (the “SOP Act”) does not provide an independent right to serve payment claims regardless of the provisions of the underlying contract:...

Introduction  The COVID-19 pandemic has caused an economic downturn and unprecedented market disruptions. The drastic impact on financial markets and across almost all asset classes means that funds are directly affected in the face of volatile asset prices and a...

Further to our email dated 7 April 2020 on “Tech Matters: Your Partner in Times of Crisis- Eversheds Harry Elias”, we remain fully committed and are available for you if you need assistance during these challenging times. We maintain an open video comms crisis line...

Why is this important? This removes a hurdle for foreign authorities to seek assistance from Singapore to seize Singapore-based assets that may be subject to a foreign confiscation order. Key points you should note: A foreign country can request assistance from...

Recent Developments in Enforcement Data breach risks are serious and are happening more often than one may think. In Q1 2020 alone, the Personal Data Protection Commission (the “PDPC”) had heard a total of 17 data breach cases. Fines were handed down by the PDPC in...