Most Recent Articles
Myanmar Legal Update: INGOs & NGOs Conducting MFI Activities Must Be Registered as Companies and Re-Apply for Microfinance Business License
Reading Time: 2 minutesOn 4 June 2019, the Financial Regulatory Department (“FRD”) issued a letter (“Letter”) directing International Non-Governmental Organizations (“INGOs”) and Non-Governmental Organizations (“NGOs”) which carry out microfinance activities to register as companies and re-apply for Microfinance Business Operation Licenses (“MFBOL”). The FRD had previously issued MFBOLs to 3 INGO groups, 16 NGO groups, 47 foreign companies, […]
Who is subject to military law in Singapore? (Part 1 of 2)
Reading Time: 6 minutesMilitary Law in Singapore is unique due to its separate legal system and jurisdiction. To most, “Military Justice” (or “Military Law”) is simply a body of law and system of rules which only applies to military personnel. Being a nation known for its mandatory conscription (National Service), many of us have probably heard the military-related […]
The Remembrance and the Forgetting: Singapore’s Mental Capacity Act, Nine Years On
Reading Time: 9 minutesIntroduction Like most developed nations, Singapore has a gradually aging population.[1] The proliferation of this new demographic profile raises a host of pressing issues, particularly that of rising incidences of dementia among the aged.[2] Given that many of those who might suffer from dementia will have accumulated considerable assets and are therefore at risk of […]
Singapore Mediation Centre Appoints New Executive Director
Reading Time: 2 minutesAsia Law Network would like to extend its heartiest congratulations to Mr Ban Jiun Ean on his new role, at the Singapore Mediation Centre (SMC) as their new Executive Director. Mr Ban will succeed Mr Loong Seng Onn, who has assumed the role since SMC’s inception in 1997. Mr Ban was formerly a policymaker at […]
Myanmar Legal Update: New Set of Interest Rates for Microfinance Institutions
Reading Time: 2 minutesAmong recent developments happening in the banking and finance sector, the Microfinance Business Supervisory Committee (“MBSC”) issued Directive 1/2019 (the “Directive”). This Directive lays down a new set of interest rates which shall be followed by all microfinance institutions operating in Myanmar. Under the new Directive, the interest rate for microfinance loans shall be charged […]
Lawyer Feature: Peter Moran from Peer Legal
Reading Time: 5 minutesPeter is an experienced commercial and dispute resolution lawyer focused on advising and acting for Australian and international corporate clients in the key areas including Intellectual Property, Mergers and Acquisitions and Commercial Litigation. He is the Principal and Founder of Peer Legal and have begun the journey of establishing a new kind of law firm by offering aligned […]
HONG KONG: The Competition Tribunal handed down a judgment on market sharing and price fixing for the first time
Reading Time: 6 minutesIntroduction On 17 May 2019, the Competition Tribunal (the “Tribunal”) handed down two decisions for the enforcements actions initiated by the Competition Commission (the “Commission”), comprising Competition Commission v Nutanix Hong Kong Limited and Others [2019] HKCT 2 and Competition Commission v W. Hing Construction Company Limited and Others [2019] HKCT 3. Both cases involved breach of the first […]
How To Select A Lawyer?– What Checks Should I Make?
Reading Time: 1 minutesIn our “How To Select A Lawyer” series, we will be covering what points you should take note of when looking for a lawyer. Asia Law Network is home to an extensive list of lawyers across all areas of law. Our premier Quick Consult service allows you to speak to a lawyer at a flat fee, to clarify your […]
香港:怎样才可终止我在物业中的共有权?
Reading Time: 1 minutes分划(partition)是终止物业共有权(co-ownership)的其中一种方法,令每名共有人(co-owner)成为其获分配之土地财产的唯一业主。这与联权共有权(joint tenancy)的划分不同,后者只会令共有人变成分权共有人(tenants in common),但仍然共同拥有物业。分划可以透过自愿签立契据进行;如共有人之间无法达成共识,则可根据香港法例第352章《分划条例》(「该条例」)提出诉讼,要求分划或出售物业。
Winner of the Joseph Grimberg Outstanding Young Advocate Award: Lionel Leo from WongPartnership LLP
Reading Time: 3 minutesThis article was originally published by the Singapore Academy of Law. FINDING YOUR WAY AS A YOUNG LAWYER The inaugural recipient of the Joseph Grimberg Outstanding Young Advocate Award on the challenges of being a young lawyer — and overcoming them. It didn’t take long for Mr Lionel Leo to get his hands dirty in pro-bono work: in fact, […]
HONG KONG: CFA clarifies the proper approach for interpreting “Red Flag” Reports
Reading Time: 5 minutesIntroduction In Moody’s Investors Service Hong Kong Ltd v Securities and Futures Commission (SFC) [2018] HKCFA 42, the Court of Final Appeal (“CFA”) dismissed an appeal brought by Moody’s Investors Service Hong Kong Ltd (“Moody’s”) in relation to SFC’s disciplinary action concerning a report entitled “Red Flags for Emerging-Market Companies: A Focus on China” (the “Report”). We […]
SMU Lexicon: Trading on the Edge – Insider Trading Regulations in Singapore & in U.S.
Reading Time: 12 minutesIntroduction In the fast-paced world of trading, everything revolves around gaining an edge. The challenge lies in striving to use information faster than others.[1] If information fresh off the press is great, then a fortiori, information that has yet to hit the press is even better. This gives rise to the issue of insider trading, […]
Personal
SMU Lexicon: A Non-parent’s Maintenance Obligation
Reading Time: 7 minutesIntroduction Imagine you marry someone with a child from a prior relationship. Initially, you do not mind caring for this child. Then, your marriage sours and you no longer want anything to do with your spouse or the child. However, can your initial conduct of caring for the child unknowingly saddle you with a legal […]
Business
Singapore’s latest push as a restructuring and insolvency hub – Amendments to SICC rules
Reading Time: 3 minutesSingapore has earned a budding reputation as a hub for debt restructuring and insolvency in Asia, with its transparent legal system and judicial expertise. This growth can also be attributed to enduring efforts to innovate and reform. To enhance Singapore as a forum of choice in international restructuring and insolvency proceedings, the Rules of Court […]