News & Analysis as of

Singapore Financial Adviser

White & Case LLP

De-SPACs and other exit activity in Asia-Pacific

White & Case LLP on

S&P Global crowned 2020 "The Year of the SPAC," and it is hard to disagree with this sentiment. The wave of special purpose acquisition companies (SPACs) has dominated headlines as the SPAC, together with its ensuing business...more

A&O Shearman

Foreign Branches of Singapore FIs May Offer Cross-Border Services under a Business Arrangement Subject to Ex-Post Notification

A&O Shearman on

The Monetary Authority of Singapore (MAS) has proposed allowing foreign head offices and other branch offices (collectively, foreign branches) of financial institutions in Singapore (Singapore FIs) to provide cross-border...more

A&O Shearman

SGX Amends the Voluntary Delisting Regime in Favour of Minority Shareholders

A&O Shearman on

The SGX has amended the voluntary delisting regime. Among other things, exit offers must be both fair and reasonable and the offeror and parties acting in concert with it may not vote. The changes are intended to afford...more

A&O Shearman

Regulatory Developments Affecting Financial Advisers

A&O Shearman on

The MAS recently issued Guidelines on Provision of Financial Advisory Services, which set out the approach of the MAS to determining whether a person is providing financial advisory services in Singapore. In a separate...more

A&O Shearman

New and Proposed Licensing Exemptions for Financial Advisers and Capital Market Services Providers

A&O Shearman on

Financial advisers from Singapore, Malaysia, the Philippines and Thailand can apply to provide financial advisory services in each others’ jurisdictions pursuant to the ACMF Pass. In a separate development, the MAS is...more

A&O Shearman

New Requirements for Advertisements of Investment Products

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The Monetary Authority of Singapore (MAS) has enhanced requirements for advertisements and publications on capital markets products. The enhanced requirements also apply to advertisements by holders of capital markets...more

Morgan Lewis

Singapore Joint Investigations Arrangement to Cover More Financial, Regulatory Offences

Morgan Lewis on

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

Jones Day

Monetary Authority of Singapore Release Guidelines on Digital Token Offerings

Jones Day on

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

Jones Day

Initial Coin Offerings—A Singapore Perspective

Jones Day on

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

A&O Shearman

Singapore Legal Update - August 2017

A&O Shearman on

SIC Takeovers Bulletin 3/2017: Management Buy-Outs and Other Matters - The SIC’s most recent bulletin sets out its views on the following matters: The information to be provided to a competing offeror in the case of a...more

A&O Shearman

Singapore Legal Update - July 2016

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A Conditional Primary Obligation to Pay Is Not a Penalty - In iTronic Holdings Pte Ltd v Tan Swee Leon [2016] SGHC 77 (Singapore High Court, 21 April 2016), the Singapore High Court held that an obligation to pay a...more

Morgan Lewis

MAS Withdraws Fund Manager’s Regulatory Approval

Morgan Lewis on

Financial institutions in Singapore, whether licensed or exempt, are reminded to comply with all relevant regulatory obligations. The Monetary Authority of Singapore (MAS) recently withdrew a fund manager’s status in...more

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