Amendments to Securities and Futures Rules
Amendments to Securities and Futures (Professional Investor) Rules Expected to Take Effect on 13 July 2018

Reading Time: 3 minutesThe Securities and Futures (Professional Investor) Rules (PI Rules) will be amended to incorporate modifications previously granted by the Securities and Futures Commission (SFC) under section 134 of the Securities and Futures Ordinance (SFO). The amended PI Rules are expected to come into effect on 13 July 2018, subject to the legislative process. The amended […]

Australian Federal Budget 2018:2019 Guide for International Trade Professionals
Australian Federal Budget 2018/2019 Guide for International Trade Professionals

Reading Time: 4 minutesThere was a time when customs tariffs accounted for 80% of the Commonwealth Government’s revenue. While customs duty revenue may not make the headlines in 2018, there are still a number of interesting customs and trade takeaways from the 2018/19 budget. Single Window The Government will spend provide $10.5 million to transform and modernise Australia’s international […]

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MAS Consults on Draft Notice for Product Notification Regime

Reading Time: 5 minutesThe Monetary Authority of Singapore (“MAS”) has issued a consultation paper on 22 May 2018, inviting comments on a proposed new Notice on Listing, De-listing or Trading of Relevant Products on an Organised Market of an Approved Exchange or a Recognised Market Operator Incorporated in Singapore (“Notice”). The Notice sets out the notification regime for […]

view outside airplane Australian Border Force 2018 Customs Compliance Priorities
Australian Border Force 2018 Customs Compliance Priorities

Reading Time: 3 minutesThe Australian Border Force (ABF) has released a statement setting out its compliance priorities for 2018. While each importer and exporter will have its own unique risk areas, the statement by the ABF highlights the areas that should be given closest attention. In relation to revenue related claims, the following are the areas that will be given […]

Badge of Asia Law Network Legally Yours Partnership
AsiaLawNetwork.com partners with LegallyYours.com.au to make law more accessible

Reading Time: 2 minutesAsialawnetwork.com has entered into a partnership with Australia-based Legallyyours.com.au. Through this partnership, both companies aim to promote access to justice across Asia Pacific. Who is Legally Yours? Legally Yours is a legal marketplace that matches clients to fixed-fee lawyers . If you need to speak with a lawyer but you are not ready to go […]

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MAS Consultation Paper on Draft Regulations for the Mandatory Trading of Derivatives Contracts

Reading Time: 2 minutesOn 21 February 2018, the Monetary Authority of Singapore (“MAS”) issued a consultation paper inviting comments on the proposed Securities and Futures (Trading of Derivatives Contracts) Regulations (“SF(TDC)R”) to operationalise the new Part VIC of the Securities and Futures Act (Cap. 289), with respect to mandatory trading of over-the-counter (“OTC”) derivatives contracts on organised markets […]

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Employment Act Public Consultation

Reading Time: 3 minutesSix years since its last review of the Employment Act (Chapter 91 of Singapore) (“EA”), the Ministry of Manpower in Singapore (“MOM”) has initiated a public consultation to receive feedback on areas being considered in its 2018 review of the EA. This client update will provide a brief overview of the present legal framework under […]

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Changes to Healthcare Regulation in Singapore

Reading Time: 4 minutesOur local healthcare industry has adapted to meet modern competition and population needs, and in step with this, the Ministry of Health in Singapore (Ministry) is looking to stay ahead of the curve by issuing a consultation paper inviting feedback on the draft Healthcare Services Bill (HCS Bill). The HCS Bill addresses key changes taking […]

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 […]

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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) […]

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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 […]

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MAS Consultation Paper on Changes to the Notification Requirement in relation to Representatives Serving Only Non-Retail Customers

Reading Time: 4 minutesOn 25 September 2017, the Monetary Authority of Singapore (“MAS”) issued a consultation paper proposing certain changes to streamline the Representative Notification Framework (“RNF”) for financial institutions (“FIs”) whose representatives serve only non-retail customers. For the purposes of this present consultation, a non-retail customer would be a customer who falls within the statutory definitions of […]