Category: Corporate

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Corporate

Show Me The Debts (If You Can)

Show Me The Debts (If You Can) August 28, 2023 /*! elementor - v3.13.2 - 11-05-2023 */ .elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}

The recent cases of Founder Group (Hong Kong) Ltd (in liquidation) v Singapore JHC Co Pte Ltd [2023] SGHC 159 (“Founder Group”) and Europ Assistance Holding SA v ONB Technologies Pte Ltd (ONB Holdings Pte Ltd, non-party) [2023] SGHC 226 (“Europ Assistance”) are a reminder to creditors that winding up orders are not given as a matter of course.…

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July Law Bites - Sam
Corporate

Updates on statutory changes when dealing with foreign parties/judgments

Updates on statutory changes when dealing with foreign parties/judgments /*! elementor - v3.13.2 - 11-05-2023 */ .elementor-column .elementor-spacer-inner{height:var(--spacer-size)}.e-con{--container-widget-width:100%}.e-con-inner.elementor-widget-spacer,.e-con.elementor-widget-spacer{width:var(--container-widget-width,var(--spacer-size));--align-self:var(--container-widget-align-self,initial);--flex-shrink:0}.e-con-inner.elementor-widget-spacer.elementor-widget-container,.e-con-inner.elementor-widget-spacer.elementor-widget-container.elementor-spacer,.e-con.elementor-widget-spacer.elementor-widget-container,.e-con.elementor-widget-spacer.elementor-widget-container.elementor-spacer{height:100%}.e-con-inner.elementor-widget-spacer.elementor-widget-container.elementor-spacer.elementor-spacer-inner,.e-con.elementor-widget-spacer.elementor-widget-container.elementor-spacer.elementor-spacer-inner{height:var(--container-widget-height,var(--spacer-size))} July 24, 2023

This article will discuss the recent repeal of the Reciprocal Enforcement of Commonwealth Judgments Act (“RECJA”) as well as Singapore’s accession to the Hague Convention on the Service Abroad of Judicial and Extrajudicial Documents in Civil or Commercial Matters (“Service Convention”).…

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Corporate

Updates on recent enforcement decisions by the Singapore Personal Data Protection Commission

Updates on recent enforcement decisions by the Singapore Personal Data Protection Commission June 28, 2023

The Protection Obligation under Singapore’s Personal Data Protection Act (the “PDPA”) remains as the most breached provision of the PDPA, and understandably so, as it forms one of the essential blocks in preventing the unauthorized disclosure of personal data.…

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Corporate

Enhancements To Nominee Shareholder And Registrable Controller Requirements For Companies

With the aim of mitigating the use of corporate vehicles for illicit purposes, Singapore has implemented enhancements to the transparency of Singapore’s corporate governance regime, which came into effect on 4 October 2022. These enhancements are in alignment with recommendations made by the Financial Action Task Force, and affirm Singapore’s pledge to combating money laundering, terrorism financing and other threats to the integrity of financial ecosystems at large.…

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Corporate

New Code of Practice Setting Out Top Management’s Workplace Safety and Health Responsibilities

The Ministry of Manpower has recently launched a workplace safety code of practice for company management (the “Code of Practice”). The Code of Practice is targeted at the top management of the company (i.e. the chief executive and company directors) as they have the influence and control over budgets, priorities and training for workplace safety and health.…

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