10 December 2020
Contributed by Allen & Gledhill Partners Kok Chee Wai, Mark Hudspeth and Aloysius Ng, “Lending and Taking Security in Singapore: Overview” provides a high level overview of the lending market, forms of security over assets, special purpose vehicles in secured lending, quasi-security, and guarantees. It covers creation and registration requirements for security interests, problem assets over which security is difficult to grant, risk areas for lenders, structuring the priority of debts, debt trading and transfer mechanisms, agent and trust concepts, enforcement of security interests and borrower insolvency, cross-border issues on loans, taxes, and proposals for reform.
The article is part of the Practical Law Finance Global Guide.
Reproduced from Practical Law with the permission of the publishers. For further information, visit www.practicallaw.com.