business man and woman shaking hands over a table with 2 cups of coffee (What constitutes acceptance of a contract)
What constitutes acceptance of a contract?

Reading Time: 5 minutesAn agreement isn’t valid until someone else agrees to it! A contract is needed to enforce the terms of an agreement between two or more parties, and to compel the other party to uphold their end of the bargain. In general, for a contract to be considered legally binding, four key elements should be present: […]

black and white photo of man working on a desptop computer (computer_generated_graphic_copyright_Asia_Law_Network)
How copyright applies to AI-generated works

Reading Time: 5 minutesThis article is written by Benita Lau from Taylor Vinters Via LLC and published with Tech in Asia and Asia Law Network. You can read the article on Tech in Asia here.  Humans were distinguished from artificial intelligence (AI) by their capacity for imagination, creativity, and sensitivity. However, as computer-generated literature and artwork continue to develop, these traits seem […]

black and white photo of an empty office desk and chair with a monitor and telephone on the table (company_retrenchment_asia_law_network)
Company Retrenchment Exercises: What Employers Ought to Do

Reading Time: 6 minutesRetrenchment is sadly unavoidable Retrenchment is sadly unavoidable in today’s modern world. Singapore’s economy is constantly in flux: workers are under tremendous pressure to increase productivity and improve their employability by learning useful future skills, while employers must continuously find ways to stay one step ahead of their competitors and/or technological disruption. Even when they […]

MAS Consultation Paper on Proposed Requirements on Execution of Customers’ Orders

Reading Time: 2 minutesOn 20 November 2017, the Monetary Authority of Singapore (“MAS”) issued a consultation paper inviting comments on its proposal to formalise its expectations of execution of customers’ orders by capital markets services licence holders, banks, merchant banks, and finance companies that conduct the regulated activities of dealing in securities, trading in futures contracts, leveraged foreign […]

A Guide to Legally Using Images from The Internet

Reading Time: 10 minutesHave you ever downloaded an image from the internet to use in your presentation? Or perhaps, re-posted the image in your personal social media account, or used it as a cover picture for a blog post? Myth: If it’s online, it’s free. Many people think that anything that can be found on the internet is […]

chess play (Competition_Law_Merger_Acquisition)
Competition Law (Part 3): Mergers & Acquisitions

Reading Time: 8 minutesIn the last part of the series of article on Competition Law, lawyer Jeremiah Chew from Ascendant Legal LLC shares more about how competition law regulates mergers and acquisitions.  This guide is divided into the following sections: How does competition law regulate mergers? What is considered a “merger”? How does the Competition Commission of Singapore (CCS) assess […]

A man with a ring on his g=finger signing a legal document (Shareholder's_Agreement_Singapore)
Tips on drafting a great Shareholder’s Agreement

Reading Time: 6 minutesShareholder’s Agreement is an important starting point for many startups and SMEs Many people decide to go into business at some point in their lives. The number of startups continue to burgeon the world over. Small and medium enterprises (SMEs) make up 99% of all Singapore’s enterprises and account for about half of Singapore’s GDP. […]

Man holding a business newspaper (securities_&_futures_act_asia_law_network)
MAS Consultation Paper on Draft Notices and Guidelines Pursuant to the Securities and Futures Act

Reading Time: 5 minutesThe Monetary Authority of Singapore (the “MAS“) has issued a consultation paper on 6 October 2017, inviting comments on proposed new notices and guidelines that elaborate on and set out the requirements of key changes to the regulatory framework of the Securities and Futures Act (“SFA“) following the enactment of the Securities and Futures (Amendment) […]

3 people having a meeting with a laptop and discussion on paper (venture_capital_fund_managers)
New Regulatory Regime in Singapore for Venture Capital Fund Managers

Reading Time: 3 minutesFollowing a consultation initiated in February 2017, the Monetary Authority of Singapore (“MAS”) has late last week moved quickly to introduce into Singapore law a new regulatory regime for fund managers who manage only venture capital funds. This note discusses the key elements of the new regime. Simplified Authorisation and Regulatory Regime Venture capital fund […]

A man signing a contract (Contract Essentials for a Business in Singapore)
Contract Essentials for a Business in Singapore

Reading Time: 6 minutesYou run a business or are self-employed. You just closed a deal with a customer. You need to whip up a contract to seal the deal. You also need to tie-up with a supplier to cater to this deal you just made with your customer. Now you are wondering how best you can bind both […]

personal_data_protection_act_asia_law_network
10 Frequently Asked Questions on the Personal Data Protection Act (PDPA)

Reading Time: 5 minutesLawyer Lau Kah Mei shares 10 frequently asked questions on the Personal Data Protection Act (“PDPA”). Question 1: Can I take a photograph of a specific person for my firm’s marketing purposes without getting his consent? No, because among other obligations, the data protection provisions in the PDPA would require the photographer to first obtain […]