Financial Services Bulletin March 2020
30 March 2020
Focus: Covid-19
Facing Covid-19: Legal implications for businesses
Key considerations for directors in the period of Covid-19
Capital Markets
Competition
Corporate /M&A
Dispute Resolution
Singapore Convention on Mediation in force from 12 September 2020
UK Supreme Court lifts stay of enforcement of ICSID award
Employment
Funds
The increasing popularity of private funds
Public Policy
NCCS issues response to feedback on Singapore’s long-term low emissions development strategy
MEWR announces key initiatives to build a climate-resilient Singapore
General
Regional News
Malaysia
Covid-19: Malaysian perspective
Bank Negara Malaysia issues exposure draft on Licensing Framework for Digital Banks
Labuan Business Activity Tax Act amended to improve assessment on chargeable profits
Malaysian Copyright Act to be amended to widen tribunal power
Malaysian Franchise (Amendment) Bill seeks to strengthen enforcement
Myanmar
Central Bank of Myanmar updates criteria for approval of offshore loans
Publications
The Cartels and Leniency Review 2020 (8th Ed, 2020)
Deals
Issue of US$1 billion perpetual capital securities by DBS Group Holdings Ltd
US$323.5 million initial public offering and listing of United Hampshire US REIT
£130.9 million initial public offering and listing of Elite Commercial REIT
Awards & Rankings
Allen & Gledhill maintains top tier ranking in the Asia IP Copyright Survey 2020 rankings