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Australia’s new anti-foreign bribery regime – government publishes important guidance

Six months after the passage of the Crimes Legislation Amendment (Combatting Foreign Bribery) Act 2024, the Australian government has published important guidance on the “adequate procedures” companies should have in place in...more

Recent Singapore decisions highlight sanctions and export controls enforcement

The Singapore government has refused to renew the visa of the U.S.-born chief executive of a shipping company after the company was designated by the U.S. Treasury for breaching Russian sanctions. Separately, a Singapore...more

All in the family - Singapore consults on new AML controls as activity surges

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 sun also rises – anti-money laundering legal developments in Singapore

2023 is proving an eventful year for Singapore anti-money laundering legislation. In the first half of this year, the Ministry of Home Affairs (MHA) proposed two bills, intended to strengthen the country’s legal framework...more

Restructuring & Special Situations 2022 Year in Review Key insolvency decisions in Hong Kong and the People’s Republic of China

2022 has been a year which has seen significant developments in court-led corporate rescue and insolvency law reform in Hong Kong. In light of the lingering COVID19 pandemic, it was all the more important that the Hong Kong...more

Singapore International Commercial Court: Singapore’s latest step in becoming a debt restructuring hub

Since 1 October 2022, the Singapore International Commercial Court now has jurisdiction to hear cross-border restructuring and insolvency matters. In addition, foreign lawyers may be appointed to make submissions in...more

Singapore unveils sanctions against Russia

The sanctions were first announced in parliament on 28 February 2022, and the specifics were released on 5 March 2022....more

Recent developments in Singapore’s quest to become Asia’s international debt restructuring hub

Singapore is getting serious about becoming the region’s international insolvency hub.  In this inaugural podcast from the International Insolvency Institute, Hon. Kevin Carey (Ret.) of Hogan Lovells discusses Hon....more

Empowering Singapore’s Financial Institutions through COSMIC Power SEA View, Article XIV: October 2021

After a summer hiatus, we return with a warning of imminent AML controls; a trend we witness across the region. On 1 October 2021, the Monetary Authority of Singapore (“MAS”) published a Consultation Paper on the FI-FI...more

The TGA and the Iron Mask

In 2020, heightened demand for health care resulted in an influx of therapeutic goods being included on the Australian Register of Therapeutic Goods (ARTG). A large portion of these goods are manufactured in China however,...more

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