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 […]
Reading Time: 5 minutesThe Monetary Authority of Singapore (“MAS”) has issued a consultation paper on 22 May 2018, inviting comments on a proposed new Notice on Listing, De-listing or Trading of Relevant Products on an Organised Market of an Approved Exchange or a Recognised Market Operator Incorporated in Singapore (“Notice”). The Notice sets out the notification regime for […]
Reading Time: 2 minutesOn 21 February 2018, the Monetary Authority of Singapore (“MAS”) issued a consultation paper inviting comments on the proposed Securities and Futures (Trading of Derivatives Contracts) Regulations (“SF(TDC)R”) to operationalise the new Part VIC of the Securities and Futures Act (Cap. 289), with respect to mandatory trading of over-the-counter (“OTC”) derivatives contracts on organised markets […]
Reading Time: 3 minutesSix years since its last review of the Employment Act (Chapter 91 of Singapore) (“EA”), the Ministry of Manpower in Singapore (“MOM”) has initiated a public consultation to receive feedback on areas being considered in its 2018 review of the EA. This client update will provide a brief overview of the present legal framework under […]
Reading Time: 4 minutesOur local healthcare industry has adapted to meet modern competition and population needs, and in step with this, the Ministry of Health in Singapore (Ministry) is looking to stay ahead of the curve by issuing a consultation paper inviting feedback on the draft Healthcare Services Bill (HCS Bill). The HCS Bill addresses key changes taking […]
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 […]
