The Legal Industry Reviews: Singapore (Edition 7, October 2026)

19 October 2026

Allen & Gledhill is pleased to be featured in The Legal Industry Reviews: Singapore (Edition 7, October 2026).

In their Antitrust/Competition article, Partners Daren Shiau and Elsa Chen (Chief Economist) provide an overview of the key amendments to the Guidance Note for Passenger Airline Alliance Agreements Relating to Passenger Services, published by the Competition and Consumer Commission of Singapore (“CCS”) in July 2026. The amendments include a more streamlined review process for airline alliance notifications and more comprehensive guidance on commitments, CCS’ competition assessment framework, and the assessment of net economic benefit.

In his Banking & Finance article, Partner Francis Mok discusses the upcoming establishment of the Future of Finance Institute, an initiative by the Monetary Authority of Singapore to accelerate the adoption of new financial technologies and catalyse innovation in the financial sector. The initial institute will initially focus on artificial intelligence and tokenisation and help connect the financial and technology ecosystems and provide shared resources and expertise needed to promote broad-based adoption of these technologies.

The Featured Case section covers the decision of the Singapore Court of Appeal in Park Hotel Management Pte Ltd (in liquidation) & Ors v Law Ching Hung & Ors [2025] SGHC 149, which reaffirmed the principle that where a company is insolvent or financially parlous, the general fiduciary duties of a director continue to apply. Partners William Ong and Lee Bik Wei represented the liquidators of Park Hotel Management Pte Ltd successfully in the action and the appeal. 

The Legal Industry Reviews provide the global legal community with the latest and most relevant insights and expertise from various jurisdictions. The above articles were first published on The Legal Industry Reviews website.