Reading Time: 4 minutesDuring a panel discussion organized by Asia Law Network, with partners General Assembly, e27 and WeWork Beach Centre, Ronald JJ Wong (Director with Covenant Chambers LLC), Wang Yingyu (Director with Taylor Vinters Via LLC), Paul Ong (Associate Director at Innoven Capital) and Kelvin Teo (CEO and Co-Founder of Funding Societies) shared their thoughts on the […]
Reading Time: 6 minutesIn the first of my 3-part series on Initial Coin Offerings (ICOs), I touched on the characteristics, types, risks, benefits and examples of ICOs. In this second part, I will be covering the current regulation of ICOs in various jurisdictions. By and large, most financial regulatory authorities around the world have stated that initial coin […]
Reading Time: 5 minutesDuring a panel discussion organized by Asia Law Network, with partners General Assembly, e27 and WeWork Beach Centre, Daniel Ho (Director, Summit Law Corporation), Lau Kah Mei (Managing Director, LKM Law Corporation), and Kelvin Tan (Director, Vicki Heng Law Corporation) shared their thoughts on starting a business in Singapore. What structure should I adopt for my […]
Reading Time: 16 minutesWe live in an age of disruption – and the legal industry is not immune. “Smart contracts” has been receiving particular attention, with its potential to bring about both efficiencies in legal work… and also new kinds of legal challenges. What are smart contracts and what can they achieve? We take a closer look at […]
Reading Time: 9 minutesThis is a three part series on Initial Coin Offerings (ICOs). In this series, lawyer Wanhsi Yeong will cover: An introduction to Initial Coin Offerings Overview of the current regulation of Initial Coin Offerings in various jurisdictions Framework of Initial Coin Offerings In the first part of this series, WanHsi explains the characteristics, types, risks, […]
Reading Time: 6 minutesThis article is part of Asia Law Network’s partnership with Tech in Asia where we publish articles written by lawyers on their advice for startup founders. Previously, we shared with you some legal advice that startups in e-commerce, sharing economy, and virtual reality need to know. In this article, two professionals share some legal insights (based on Singapore’s legal system) […]
Reading Time: 5 minutesThis article is part of Asia Law Network’s partnership with Tech in Asia where we publish articles written by lawyers on their advice for startup founders. In this article, we asked some professionals for legal advice on starting a business in e-commerce, sharing economy, and virtual reality. Find out the common problems entrepreneurs face in these industries and […]
Reading Time: 16 minutesIntroduction So you are a tech startup who want to raise funds. You figure that instead of incurring debt, issuing equity, entering into convertible loan agreements (CLA), you will conduct an initial coin offering (ICO) or digital token sale. Not least because the amounts of money which have been raised by recent ICOs are huge. […]
Reading Time: 9 minutesA burgeoning popularity of cryptocurrency Widespread usage of the Internet has resulted in the emergence of various new technologies which have altered the way society functions, affecting both human relationships and commerce. In our previous article, we had discussed financial technology – also known as fintech. Recently, there has been a lot of news regarding […]
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: 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 […]
Reading Time: 10 minutesWhat is the Employment Act? The Employment Act (Cap 91, Rev Ed. 2016) (“the Employment Act”) authoritatively prescribes the minimum standard of employment terms for applicable employees in Singapore. In order to avoid prosecution, employers must know whether the Employment Act applies to their employees, and if applicable, how the Employment Act applies exactly. While […]
