Reading Time: 7 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. Introduction Historically, artificial intelligence was distinguished from the human by the capacity of the latter for imagination, creativity and sensitivity. However, as computer-generated literature and artwork continue […]
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 […]
Reading Time: 8 minutesWhat is a lemon law? Lemon laws are consumer protection laws that provide remedies to consumers who have been given defective goods. The name dates back to the 1960s when new cars with several manufacturing defects were referred to as “lemons”, and laws were passed to combat a proliferation of said cars. Over the years, […]
Reading Time: 1 minutesAsia Law Network recently partnered with the Hive for an event on Alternate Funding. Moderated by Grace Chen, Co-founder of Startuup Asia, the following panellists shared their experience with alternate funding such as initial coin offerings (ICO), venture debt and more. Sherroy Ong (Roy), Co-founder of Arrow Gates LLC Paul Ong, Associate Director of Innoven Capital […]
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 […]
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 […]
Reading Time: 6 minutesWhat is an employment contract? An employment contract is a legally binding document between your employer and you. Also known as a ‘Contract of Service’, it governs your relationship with your employer, and where applicable, the Employment Act sets out your basic terms and conditions of employment, as well as the rights and responsibilities of employer […]
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 […]
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. […]
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) […]
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 […]
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 […]
