Reading Time: 6 minutesIntroduction The Securities and Futures Commission (“SFC”) introduced 2 new regulated activities, namely type 11 regulated activities (“Type 11 RA”) and type 12 regulated activities (“Type 12 RA”), and collectively referred as the “new RAs”, to regulate persons who serve as dealers, advisers or clearing agents etc. in the OTC derivatives market. For definition of […]
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 […]
Reading Time: 6 minutesThe Background As addressed in our previous newsletters, the Hong Kong Stock Exchange (the “HKEx”) has published a New Board Concept Paper (the “Concept Paper”) in response to the recent demands that the local stock market shall be refined in light of the rise of the innovative companies. In the Concept Paper, the HKEx has […]
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 […]
Reading Time: 10 minutesIn a decision rendered by Singapore’s Court of Appeal on 1 August 2017, the Court of Appeal dismissed an appeal to make various amendments to patent claims, reasoning that the granted claims were obviously invalid to begin with and that there was undue delay by the plaintiff in seeking amendments. (A) Who are the parties […]
Reading Time: 8 minutesIn a decision rendered by an Assistant Registrar at the Intellectual Property Office of Singapore (IPOS), IPOS invalidated a registered trade mark for its lack of distinctiveness. (A) Who are the parties involved in this case? Eley Trading Sdn Bhd (Applicant) Manufacturer and distributor of religious products sold in various countries including Singapore. Owner of […]
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 […]
Reading Time: 8 minutesIn a decision rendered by George Wei J of the Singapore High Court dated 30 June 2017, the High Court held that it does not have the jurisdiction to hear revocation proceedings or to grant an order for revocation by counterclaim. (A) Who are the parties involved in this case? (a) Sun Electric Pte Ltd […]
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 […]
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 […]
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 […]
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 […]
