coworking spaces_Asia Law Network
Coworking Spaces and Letter of Demand

Reading Time: 3 minutesCoworking Spaces: A Brief Tour The rise of the cowork space signals a change in the tide relating to commercial work space and a fresh look at traditional working methods. We would like to take you on a brief tour of the cowork space landscape in Singapore. It is useful to note that the cowork […]

TP LLC-Legal Update_Asia Law Network
Tan Peng Chin LLC’s Update on Business Arrangements and Tax Avoidance

Reading Time: 4 minutesOften professional services are provided through companies. Typically, a company would employ an individual who would provide professional services to the company’s client/customers/patients. We understand that the Comptroller of Income Tax (“CIT”) has been scrutinising such business structure arrangements with a view to determining if such arrangements are tax avoidance arrangements. Where the CIT concludes […]

JC Legal
JC Legal Expands Practice in US and EU

Reading Time: 2 minutesJoining Forces with Rooney Nimmo 25 June 2018 – Hong Kong law firm JC Legal announces today its affiliation with Rooney Nimmo, an international corporate law firm based in New York, London, Edinburgh and San Francisco, to grow its practice in the United States and the European Union. The move enhances the cross-border capacities of […]

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 […]

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 partners with to make law more accessible

Reading Time: 2 has entered into a partnership with Australia-based 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 […]

Stock trading monitor (black and white) - Draft Regulations for the Mandatory Trading of Derivatives Contracts_Asia_Law_Network
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 […]

trolleys chained up (Employment Act Public Consultation)
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 […]

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 […]