SGX issues consultation paper on proposed new rules in Listing Manual to allow new listings and rule amendments to enhance disclosure

Parliament introduces Consumer Protection (Fair Trading) (Amendment) Bill 2008: Extending application to certain financial products and services

Parliament introduces Estate Duty (Abolition) Bill 2008

MAS issues response to public consultation on Proposed Fees under the Representative Notification Framework under the SFA

MOF conducts public consultation on draft Income Tax (Amendment) Bill 2008: Implementing Budget 2008 changes

English High Court holds that financial institution did not acquire advisory role due to consistency in disclaimers and non-reliance provisions

English Court of Appeal holds that misrepresentations made to joint venture partner were intended to be passed on to entities established to effect joint venture

English Court of Appeal holds that insured not entitled to be indemnified under public liability insurance policy for liability in contract for pure economic loss

Seminar in Jakarta on New Opportunities in Raising Capital: Banking, REITs and Sukuk

Various legislative changes in the Securities and Futures (Licensing and Conduct of Business) Regulations affecting exempt fund managers, exempt leveraged foreign exchange traders and exempt corporate finance advisers

Qualifying Debt Securities (QDS) Scheme under Income Tax Act enhanced and renewed

SGX enhances announcement templates on SGXNET to provide greater convenience for issuers

SGX to amend CDP Rules to admit banks as SGX Clearing Members

MAS issues revised Internet Banking and Technology Risk Management (IBTRM) Guidelines

MAS issues response to public consultation on proposed exemption from section 31 of the Banking Act for stabilising activities

SGX issues response to feedback received from public consultations on the introduction of single stock derivatives contracts (SSD contracts)

SGX issues consultation paper on proposed use of negotiated large trade facility in the derivatives market for business continuity

MAS issues consultation paper on proposed regulatory framework governing special purpose reinsurance vehicles

Allen & Gledhill is Asian Legal Business Singapore Deal Firm of the Year 2008

Launch of AGZI LCT in Vietnam

MAS implements part of the changes proposed in Policy Consultation on Amendments to the SFA and the FAA conducted in October 2007

MAS conducts public consultation on proposed exemption from section 31 of the Banking Act for stabilising activities

Accounting Standards Council conducts public consultation on proposed framework for differential financial reporting for Small and Medium Sized Entities (SMEs)

SGX conducted public consultation on business continuity management framework for member firms

SGX extends duration of research incentive scheme and introduces new features

MAS announces plan to develop facility to make available Singapore Dollar sovereign-rated sukuks

English High Court holds bank charges not penalties at common law

Singapore High Court finds CEOs to be in breach of contractual and fiduciary obligations

Daiwa Asset Management (Singapore) Ltd launches first Sharia’a-compliant exchange-traded fund in Singapore

Allen & Gledhill LLP and Zaid Ibrahim & Co launch series of events to mark establishment of strategic alliance

MCYS issues consultation paper on draft Co-operative Societies (Amendment) Bill: Raising levels of accountability and governance in the co-operative societies sector

Singapore Court of Appeal clarifies confusion over financial assistance provision under Companies Act

Singapore Court of Appeal construes scope of moratorium on trading of listed shares

English High Court refuses relief to directors breaching prohibition against loans to directors

English High Court holds failure by directors to consider repercussions of adverse costs order on company’s ability to pay creditors not breach of fiduciary duty

Allen & Gledhill congratulates Shanmugam, announces new head of Litigation, Andrew Yeo

SGX issues news release on the responsibilities of boards and financial advisers in assessing acquisitions involving profit guarantees

Amendments to SGX-ST Rules and CDP Clearing Rules to allow product offerings on a broader suite of asset classes on the securities platform

Income Tax (Deductible Borrowing Costs) Regulations 2008: Deduction of sums payable in lieu of interest or for the reduction thereof

MAS seeks comments on proposed Guidelines on Board and Senior Management Responsibility for Delivering Fair Dealing Outcomes to Consumers

MTI public consultation on changes to Consumer Protection (Fair Trading) Act: Additional changes in the pipeline

MOF convenes 11-member strong Steering Committee to review Companies Act

Singapore High Court discusses the amount that must be paid in cash on an outstanding convertible loan

Competition Commission of Singapore conducts dawn raids issues first infringement decision against six competitors for infringement of section 34 of the Competition Act

Singapore High Court rejects claim for forfeited shares arising from sham agreement for allotment of shares

Allen & Gledhill wins Singapore Law Firm of the Year Award for nine consecutive years

Highlights of Budget Statement 2008

SGX announces review of listing rules to include minimum issue price for reverse takeovers

Catalist opens for new listings on 5 February 2008

MAS issues revised MAS Notice 613 and MAS Notice 758: Effective 31 July 2008

SGX issues consultation paper on composition fines and minimum penalties for securities market

Ministry of Law issues response to feedback received on public consultation on proposed debt repayment scheme

Singapore High Court implies time of essence condition in securities matter

Audit Committee Guidance Committee established on 15 January 2008

SGX conducts public consultation on changes to Futures Trading Rules, SGX-DT Clearing Rules and Contract Specifications in relation to TSR 20 Rubber and CPO Futures Contracts

Singapore Court of Appeal considers the rule in Foss v Harbottle

Singapore Court of Appeal examines the law of professional negligence in the context of statutory audits

Singapore High Court considers duty of directors to each other in dealings with foreign joint venture company

Singapore High Court rules on whether fine imposed in accordance with section 253(1) read with section 253(4)(a) of the Securities and Futures Act “manifestly excessive”

Allen & Gledhill launches formal pro bono programme