Borrowing from a moneylender – what you need to know

Reading Time: 7 minutesIn 2014, businessman Goh Meng Leong borrowed $350,000 from a licensed moneylender at an annual interest rate of 240 per cent. Over two years, Mr Goh paid back a total of $700,000 in instalments to ABK Leasing. However, even though Mr Goh had paid back twice the amount he had borrowed, he still owed the […]

Pro bono: Singapore lawyer Samuel Ng gives practical legal tips for startups

Reading Time: 8 minutesThis article was originally published in e27, one of our partners for our December series of Facebook Live Q&A focused on Startups. You can read the original article HERE. Let’s talk about Founder’s agreements — what do we need to know? A Founder’s agreement is the document that binds and governs the relationships between the […]

Pro Bono: Practical fintech startup legal advice from Lawyer WanHsi Yeong and Startupbootcamp fintech director Sam Hall

Reading Time: 7 minutesThis article was originally published in e27, one of our partners for our December series of Facebook Live Q&A focused on Startups. You can read the original article HERE. Here is some legal advice for startups in one of the most exciting and fast-changing industries in 2016 to 2017 Lawyer WanHsi  Yeong and Startupbootcamp FinTech […]

MAS Issues Regulatory Guidelines for FinTech Solutions Sandbox

Reading Time: 7 minutesOn 16 November 2016, the Monetary Authority of Singapore (“MAS”) issued new Fintech Regulatory Sandbox Guidelines (the “Guidelines”), along with a set of Frequently Asked Questions on the same (“FAQs”). These set out the objectives and principles behind a regulatory sandbox approach (“Sandbox”) for the development and implementation of financial technology (“FinTech”) solutions, and are […]

BEAM X AsiaLawNetwork — Startup Community Gathering (Photographs)

Reading Time: 1 minutesWe had a great chat with startup entrepreneurs from Fundnel, Bolt, Wantedly, Asia Law Network, and BEAM to talk about hiring, funding, growing the business and finding legal advice. Here are a couple of snaps from the event. You can watch the Facebook Live broadcast of the event HERE. Cherilyn Tan, CEO of AsiaLawNetwork facilitated the event and […]

FB Live Q&A Video — FinTech (Wan Hsi from Arrowgates LLC and Sam Hall from Startupbootcamp FinTech Singapore)

Reading Time: 1 minutesIn case you missed it, here is the third episode in our series of FB live questions and answers with lawyers on AsiaLawNetwork! Topic in this event was “FinTech”. Lawyer Wan Hsi from Arrowgates LLC and Sam Hall from Startupbootcamp FinTech Singapore were answering all your questions live, facilitated by Gebriel Denon The (CMO, Asia […]

Shareholder Activism and How It May Affect Your Loans – A Practical Guide for Lenders

Reading Time: 6 minutesThis article is intended to guide lenders on the key issues to consider when dealing with a corporate with multiple shareholders. The relevance of shareholders when dealing with a company Company law dictates that there be a separation of ownership and control and distribution of powers within a company. Simply put, the shareholders are the […]

A Practical Guide to the Singapore Personal Data Protection Act (PDPA)

Reading Time: 9 minutesThere is probably a lot of personal data about you that has already been collected by commercial parties Today, vast amounts of your personal data can be collected and transferred to third party organizations. For example, data about your address, email, gender and age may be collected whenever you fill up your particulars in a sign-up […]

Photo Gallery — behind the scenes of our our first Facebook Live Q&A with Samuel Ng (a Smash Hit)!

Reading Time: 2 minutesOur first Facebook Live Q&A with Lawyers was a hit! We launched our first Facebook Live Q&A with lawyers today with our partners and it was an incredible hit! Startup lawyer Samuel Ng from BlackOak LLC spent an hour with us to answer your questions including topic such as enforcing NDAs, hiring lawyers for negotiations, […]

Facebook Live Q&A with Lawyers for Startups

Reading Time: 3 minutesAsiaLawNetwork is launching a series of FB Live Q&A with lawyers to answer questions that Startups might have. For the next 4 weeks, we will broadcast live on Facebook with various startup lawyers to answer your questions on starting up ranging from data privacy to raising funds and drafting contracts. You can sign up for […]

A Definitive and Practical Guide to the Regulatory Sandbox in Singapore

Reading Time: 13 minutesFinTech is on the rise globally There has been a surge in popularity and interest in FinTech all over the world. Not only are startups spearheading FinTech innovation, but many banks and financial institutions are also exploring the idea of FinTech and committing significant resources to it. FinTech also brings about new regulatory challenges However, […]