Tag: Kay Yong


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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Regulatory & Compliance

Personal Data Issues Amidst the COVID-19 Outbreak

Law Bites – March 2020

The arrival of the Black Swan has triggered the implementation of a slew of response measures. On the business front, organizations are collecting, amongst other data, health and travel declaration information. Questions then invariably arise as to how data privacy laws under the Personal Data Protection Act (PDPA) interplay with the collection, use and/or disclosure of such data during the pandemic.…

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Are you prepared for the EU General Data Protection Regulation?

JTJB Legal Update | May 2018

Data privacy has been recognized as a pertinent area of concern amongst regulators and the public in this increasingly data-driven world. Indeed, the EU Parliament had been working toward harmonizing data privacy laws across Europe in a bid to empower EU citizens in the protection of their data, with its efforts culminating in the enactment of the EU General Data Protection Regulation (“GDPR”), which took effect on 25 May 2018.…

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Spotlight: Introduction of A Buy-out Mechanism For Shareholders In An Application For Winding Up

JTJB Legal Update March 2017

To disgruntled shareholders: what options are available to you when your relationship with other shareholders have irretrievably broken down and an exit is most practical?

The Singapore Companies Act (Cap. 50) (“CA”) contains two main statutory exit mechanisms – s216 CA (the “oppression regime”) and s254 CA (the “winding up regime”).…

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