Financial Services Bulletin August 2022
30 August 2022
Covid-19
Application period for Simplified Insolvency Programme extended to 28 January 2024
Cybersecurity & Data Protection
ESG & Public Policy
MAS issues circular on disclosure and reporting guidelines for retail ESG funds effective from 2023
MAS releases Sustainability Report 2021/2022 highlighting importance of transition finance
MAS and Google Cloud launch Point Carbon Zero Programme to catalyse climate FinTech solutions
Singapore and Malaysia to deepen cooperation in digital economy and green economy
Financial Regulatory & Compliance
MAS issues information paper on operational risk management of third party arrangements
Projects & Infrastructure
Singapore launches Infrastructure Asia Project Portal to support infrastructure development
Real Estate
Regional News
Malaysia
Tax exemption orders in respect of foreign sourced income in force
Federal Court in Malaysia rules on issuing bank’s undertaking to reimburse negotiating bank
Myanmar
Foreign entities allowed to wholly own non-bank financial institutions in Myanmar
China
Publications
Insolvency: Now & Beyond - ADR techniques in resolution process
The International Arbitration Review (13th Ed, 2022)
The Restructuring Review (15th Ed, 2022)
Practical Law: Contract Formation and Enforcement in Singapore
Practical Law: Cartel Leniency, Merger Control and Restraints of Trade and Dominance in Singapore
Singapore Academy of Law Annual Review 2021 - Equity and Trusts
Deals
Acquisition of Keppel Smit Towage and Maju Maritime by Rimorchiatori Mediterranei SpA
Acquisition of Oakwood Worldwide
Sale of Income@Raffles by NTUC Income Insurance Co-Operative Ltd
Investment by B Capital Group in US$60 million Series C funding round of Fazz Financial Group
Awards & Rankings