Legal Updates & Publications

At Drew & Napier, we provide legal updates and publications on the latest legal and regulatory developments that matter to our clients and friends.

You are encouraged to look through our online legal updates and publications by using the search function below.

Note: The legal updates and publications on this site are for general information only and should not be considered legal advice.

Legal Updates

Search results: 803 results

  • MAS invites applications for new digital bank licences

    05 September 2019

    The Monetary Authority of Singapore (“MAS”) announced on 29 August 2019 that it will begin accepting applications for new digital bank licences. Interested parties have until 31 December 2019 to submit their applications. The new digital ...

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    Legal Update

  • MAS sets up steering committee to drive interest rate benchmark transition

    02 September 2019

    The Monetary Authority of Singapore (“MAS”) announced on 30 August 2019 the establishment of the Steering Committee for Swap Offer Rate (“SOR”) Transition to Singapore Overnight Rate Average (“SORA”) (“SC-STS...

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    Legal Update

  • High Court may impose timeframe on an order requiring a defendant to perform an act

    16 August 2019

    In Viking Engineering Pte Ltd v Feen, Bjornar and others [2019] SGHC 158, the Singapore High Court clarified that Order 45 Rule 6 of the Rules of Court can be utilised to set a timeframe for payment where the circumstances warrant the exercise of suc...

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    Legal Update

  • The proper law of the arbitration agreement: Why you should pay attention to that clause

    16 August 2019

    In BNA v BNB and another [2019] SGHC 142, the Singapore High Court dismissed an application challenging an arbitral tribunal’s jurisdiction. The plaintiff argued that the tribunal lacked jurisdiction as the arbitration agreement was governed by the l...

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    Legal Update

  • Imposition of conditions for leave to defend a summary judgement application

    14 August 2019

    In the recent case of Akfel Commodities Turkey Holding Anonim Sirketi v Townsend, Adam [2019] SGCA 43, the Court of Appeal provided clarification on the instances where courts would impose conditions on a defendant for defending the summary judgment ...

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    Legal Update

  • Reciprocal Enforcement of Foreign Judgments Streamlined

    08 August 2019

    The Reciprocal Enforcement of Foreign Judgments (Amendment) Bill and Reciprocal Enforcement of Commonwealth Judgments (Repeal) Bill were introduced in Parliament on 5 August 2019. This article discusses the changes which these Bills are expected to b...

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    Legal Update

  • CRS Audits by the IRAS are coming: Are you ready?

    05 August 2019

    Common Reporting Standard (CRS) audits by the IRAS will commence in the second half of 2019. The IRAS will be focusing on financial institutions that pose a higher risk of non-compliance. Their review methodology entails an internal controls audit at...

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    Legal Update

  • Singapore Convention on Mediation – What this means for us

    01 August 2019

    On 20 December 2018, the United Nations General Assembly passed a resolution to adopt the UN Convention on International Settlement Agreements Resulting from Mediation. This brings to fruition three years of discussions with participation from 85 mem...

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    Legal Update

  • Adducing fresh evidence on appeal

    31 July 2019

    In the recent decision of Anan Group (Singapore) Pte Ltd v VTB Bank (Public Joint Stock Co) [2019] SGCA 41, the Court of Appeal allowed an application to adduce fresh evidence for an appeal against a winding-up order. It laid out a two-step analysis...

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    Legal Update

  • The International Comparative Legal Guide to Data Protection 2019

    25 July 2019

    As the invited authors of the Singapore Chapter in The International Comparative Legal Guide to Data Protection 2019, the Data Protection and Privacy Practice Group shares updates on Singapore’s personal data protection framework as well as rec...

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