Financial Services Bulletin July 2019
30 July 2019
Capital Markets
SGX implements changes to listing review process on 15 July 2019
SGX implements changes to voluntary delisting regime on 11 July 2019
MAS seeks feedback on proposed amendments to the requirements for REITs
Corporate
Data Protection
PDPC publishes new Data Protection Officer Competency Framework and Training Roadmap
IMDA and PDPC launch Trusted Data Sharing Framework for trusted data sharing between organisations
Dispute Resolution
The Singapore Convention on Mediation
MinLaw seeks comments on proposed amendments to International Arbitration Act
Financial Regulatory
SGX implements enhancements to default management capabilities of SGX-DC and CDP on 17 July 2019
MAS seeks feedback on notices and guidelines to be issued under Payment Services Act 2019
SGX consults on proposed enhancements to securities trading auction mechanism
MAS issues Guidelines on Provision of Financial Advisory Service
FinTech
MAS extends digital bank licences to non-bank players
Tax
MOF seeks feedback on proposed changes to Goods and Services Tax Act
General
IMDA seeks feedback on review of Electronic Transactions Act
Regional News
Malaysia
Malaysian Parliament passes new comprehensive Trademarks Bill
BNM issues exposure draft on framework for electronic trading platforms
Civil Law Act to be amended regarding dependency claims
Myanmar
Foreign companies in Myanmar allowed to export certain previously restricted goods from 6 June 2019
Draft law to establish trade development body before Myanmar Parliament
Publications
The Securities Litigation Review
Singapore Academy of Law Annual Review 2018: Equity and Trusts
The International Comparative Legal Guide to Private Equity 2019
Practical Law Cross-Border Dispute Resolution: Recovery of trade debts
Deals
S$2.11 billion syndicated loan facilities to Senoko Energy Pte. Ltd.
S$611 million acquisition of Health Management Ltd by PanAsia Health Limited
Divestment of 35% interest of Shwe Taung Energy to Singapore Petroleum Company
News