Reading Time: 1 minutesWhat are the differences between an Initial Public Offering (IPO) and an Initial Coin Offering (ICO)? Have a question about ICOs? If you have any questions relating to legal issues surrounding ICOs and would like to speak a lawyer, you can request a Quick Consult with WanHsi Yeong or lawyers with similar expertise for a transparent, flat fee of […]
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A Guide to Sub-Contracts in the Building and Construction Industry
Reading Time: 4 minutesIn 2018, the construction demand in Singapore was projected to increase to up to $31 billion. This growth of the building and construction industry in Singapore is accompanied by an increasing complexity in the design and architecture of the buildings, such as the increasing emphasis on high-rise greenery coverage. This means that it is likely […]
Guide to Data Privacy: Considerations for Companies (Part 2 of 2)
Reading Time: 8 minutesIn this two part series, Lawyer Yeong WanHsi discusses the various data protection regimes which have been implemented across the globe, the types of protection that they provide and the legal considerations which companies should bear in mind. In the second part of this series, WanHsi elaborates on the various data privacy policies and data […]
Guide to Data Privacy: Primer (Part 1 of 2)
Reading Time: 5 minutesIn this two part series, Lawyer Yeong WanHsi discusses the various data protection regimes which have been implemented across the globe, the types of protection that they provide and the legal considerations which companies should bear in mind. In the first part of this series, she compares the European Union’s GDPR with Singapore’s PDPA and […]
HONG KONG: The new Significant Controllers Register – Revealing Beneficial Ownership of Companies
Reading Time: 5 minutesIntroduction Following the Financial Services and the Treasury Bureau’s (“FSTB”) consultation conclusion published in April 2017 regarding the enhancement of anti-money laundering and counter-terrorist financing regulation in Hong Kong, the Companies Ordinance (Cap. 622 of the Laws of Hong Kong) is amended with effect from 1 March 2018 (the “New Requirements”), which requires companies incorporated […]
Taxation in Singapore: Issues and concepts applicable to social enterprises/small businesses
Reading Time: 4 minutesNobody likes taxes. Over 190,000 companies paid tax in Singapore in 2016, for gross tax receipts of S$1.36 billion. As a social enterprise or SME owner, dealing with taxes often causes headaches, especially when you need every cent to pay the bills or grow your business. Fortunately, the Singapore tax regime is one of the […]
Alternative Funding with the Hive
Reading Time: 6 minutesIn November 2017, Asia Law Network organised a panel discussion on Alternative Funding with the Hive. Paul Ong (Associate Director of Innoven Capital), Sherroy (“Roy”) Ong (co-founder of ArrowGates LLC) and Spencer Yang (Head of Asia, Unikrn) shared their thoughts and experiences with rising funding trends. The session was moderated by Grace Chen, Co-founder of […]
Two Tier Board and Register of Controllers and Nominee Directors
Reading Time: 3 minutesBoard of Directors – Emergence of the Two Tier Board Recent developments have seen the emergence of the two tier board and the increase of the independent director role. Independent and non-executive directors are commonly found in listed companies. Listed companies appear to have the budgets and the depth of business necessary to support the […]
PIXEL MESH – Intellectual Property Issues for Online Content Creators, Game Developers and Tech Innovators
Reading Time: 10 minutesDuring a panel discussion organized by Asia Law Network and PIXEL, Adrian Kwong (managing director of Consigclear LLC), Jeremiah Chew (senior associate at Ascendant Legal) and Deitrich Mohan (Game room and 3Bode media) discussed intellectual property issues surrounding the gaming and media industry. The panel answered a range of questions, from broad categories of: Basic […]
What is a Commissioner for Oaths?
Reading Time: 7 minutesA Commissioner for Oaths may sound like an obscure, highly legalized term that one sometimes hears but never really understands. On the contrary, a Commissioner for Oaths plays a rather simple role – he facilitates the making of oaths or affirmations by persons (who are referred to as “deponents”) which accompany the statements that they […]
Workplace bullying: Know your rights and remedies
Reading Time: 8 minutesWorkplace bullying is more common than you think It is often said that the office is a second home. This is especially so in Singapore, where long hours of work is a norm. A 2016 survey conducted by Roffey Park (a leadership institute based in Singapore and the UK) revealed that Singaporean employees spend even […]
Governing Law & Contracts: Why You Should Never Forget It!
Reading Time: 4 minutesContractual disputes can flare up at any time Contracts are everywhere in our lives – from employment contracts to taking out a bank loan – we consent to the terms and conditions of the agreements we sign, and we are bound to honour each agreement to the best of our abilities. But occasionally, there will […]