Financial Services Bulletin May 2019
29 May 2019
Banking
Capital Markets
MAS consults on operational and AML/CFT requirements for upcoming VCC framework
Corporate
Singapore Court of Appeal declines to value company on basis of third-party offer
Financial Regulatory
SGX to update rules on securities trading and market practices on 3 June 2019
MAS issues “Technical Specifications for RBC 2 YE2018 Parallel Run” for insurers
White Collar & Investigations
MAS issues AML/CFT Guidelines and FAQs for insurers
General
Singapore Court of Appeal applies “strong cause” test for non-exclusive jurisdiction clauses
Regional News
Malaysia
Myanmar
Central Bank of Myanmar warns against use and trade of cryptocurrencies
China
China adopts new Foreign Investment Law with effect 1 January 2020
Publications
The International Comparative Legal Guide to Anti-Money Laundering 2019: Singapore chapter
Global Legal Insights to International Arbitration 2019: Singapore chapter
The Corporate Governance Review 2019: Singapore chapter
The Initial Public Offerings Law Review 2019: Singapore chapter
SAL Practitioner: Recent changes to the Employment Act - Practical implications
SAL Practitioner: When experts collide - Resolving conflicting experts’ opinions in collision cases
Deals
S$500.8 million equity fund raising by Keppel Infrastructure Fund Management Pte. Ltd.
Mandatory unconditional cash offer for Ying Li International Real Estate Limited
News
Allen & Gledhill seminar on Singapore-China relations
Official visit by Chinese Vice Minister of Justice to Allen & Gledhill
Awards & Rankings
Allen & Gledhill Intellectual Property Practice ranked Tier 1 by Asian Legal Business
Allen & Gledhill ranked top tier in Benchmark Litigation Asia-Pacific 2019