A public consultation on a new regulatory framework for single family offices in Singapore closes on 30 September 2023. The proposed new framework will introduce qualifying criteria for class exemption from licensing under...more
The Monetary Authority of Singapore (MAS) issued a consultation paper on November 20, 2019, titled “Proposed Regulatory Approach for Derivatives Contracts on Payment Tokens,” seeking feedback on its proposal to allow...more
Consultation Paper on Mandatory Trading of Derivatives Contracts - The Monetary Authority of Singapore (MAS) announced in its Consultation Paper on Mandatory Trading of Derivative Contracts that the Securities and Futures...more
In a development that significantly broadens the scope of the Monetary Authority of Singapore and Commercial Affairs Department’s investigatory authority, the Joint Investigations Arrangement has been extended to cover...more
The Situation: Guidelines on Digital Token Offerings introduced by the Monetary Authority of Singapore address initial coin offerings and also how current laws will be applied to intermediaries. The Result: Whether a...more
The Situation: The Monetary Authority of Singapore ("MAS") has introduced a new simplified regulatory regime for managers ("VC Managers") of venture capital funds ("VC Funds"). The Impact: The new regime has simplified and...more
As interest continues to grow in virtual currencies, blockchain technology and initial coin offerings, governments are evaluating the benefits and potential risks of these innovations, while considering numerous regulatory...more
New Inward Redomiciliation Regime Takes Effect - The inward redomiciliation procedure for foreign companies wishing to transfer their registration to the Singapore registry of companies came into force on 11 October 2017....more
In the wake of a recent increase in the number of initial coin (or token) offerings ("ICOs") in Singapore as a means of raising funds, as well as announcements from other concerned regulators, including in the United States,...more
Foreign Companies May Restructure under the New Singapore Insolvency Provision - The insolvency provisions of the Companies (Amendment) Act 2017 came into force on 23 May 2017. They set up a new restructuring framework...more
MAS Consults on Operationalising the Changes to the Securities and Futures Act - The MAS has suggested that an entity that operates a facility to match trades in respect of products that are not exchange traded...more
Companies Act to Allow Re-domiciliation Into Singapore - On 26 October 2016, the MOF and the ACRA proposed to amend the Companies Act to allow for inward re-domiciliation of companies. This will allow a foreign company...more