Financial Services Bulletin September 2025: Allen & Gledhill

29 September 2025

Corporate / M&A

ACRA and SGX RegCo extend timelines for most climate reporting requirements

Feedback from public consultation on framework for remote witnessing and electronic signing of statutory declarations: MinLaw issues response

Dispute Resolution

SIAC announces launch of Restructuring and Insolvency Arbitration Protocol and Institute of Ethics in International Arbitration

Employment, Health & Safety

Singapore to build AI-fluent workforce

MOM seeks feedback on Workplace Fairness Act Second Bill

Platform Workers Trilateral Group releases 10 recommendations to safeguard platform workers

ESG & Public Policy

Singapore to contract high-quality nature-based carbon credits from four projects in Ghana, Peru, and Paraguay

NEA consults on requirements for equipment containing hydrofluorocarbon refrigerants

Nigeria-Singapore and Côte d’Ivoire-Singapore Bilateral Investment Treaties enter into force

MTI seeks feedback on Bangladesh-Singapore Free Trade Agreement

Singapore signs implementation agreement on carbon credits collaboration with Thailand

Singapore and India formalise collaboration on green and digital shipping corridor

Financial Regulatory

SGX RegCo consults on proposals to streamline ETF designated market-maker requirements

MAS consults on proposed Guidelines on Liquidity Risk Management for banks, merchant banks, and finance companies

MAS responds to feedback from consultation on proposed equity counter-cyclical adjustment for insurers

Regional News

Indonesia

Securities crowdfunding in Indonesia: Obligations for issuers, platform operators, and investors

Malaysia

Malaysia’s competition regulator seeks feedback on market review of digital economy

Malaysia PDP Commissioner invites feedback on proposed amendments to the Personal Data Protection Regulations 2013

Myanmar

Myanmar ends state of emergency, announces transitional government and elections

Vietnam

Vietnam reforms regulations on employing foreigners

Publications

Practical Law: Confidentiality Considerations

Practical Law: Attachment (Freezing) Orders, Pre-action Letters, Recovery of Trade Debts, Rules of Evidence, and Service of Claim Documents

Practical Law: Legal Professional Privilege and Professional Secrecy

Encyclopedia of International Commercial Litigation (2025)

Global Legal Insights: Fintech 2025 (7th Ed)

The Legal Industry Reviews: Indonesia (Edition 1, September 2025)

Lexology In-Depth: Structured Products Law (7th Ed, 2025)

Singapore Academy of Law Annual Review 2024: Admiralty and Shipping Law

Deals

Acquisition of City Developments Limited’s 50.1% interest in South Beach Property valued at S$2.75 billion by IOI Consolidated (Singapore) Pte. Ltd.

S$840 million term loan facility to IOI Consolidated (Singapore) Pte. Ltd.

US$800 million sustainability linked revolving credit and term facilities to AAA Oils & Fats Pte. Ltd. and Apical Middle East FZCO and US$72.5 million Murabaha facility to Apical Middle East FZCO

S$830 million term, revolving and bank guarantee facilities to OUE Allianz Bayfront LLP

Issue of US$780 million asset-backed securities by Astrea 9 Pte. Ltd.

S$621.43 million term loan facilities to Bayshore Walk Pte. Ltd.

Issue of S$600 million green notes by PSA Treasury Pte. Ltd. and guaranteed by PSA International Pte Ltd

Awards & Rankings

A&G Asia recognised as a top tier law firm by IFLR1000, with the most number of lawyers recognised across all practices

A&G Asia recognised in Lexology Index’s Southeast Asia 2025 guide

Allen & Gledhill and its network firms maintain top tier rankings in the Asian Legal Business Asia M&A Rankings 2025

Allen & Gledhill named Regulatory Law Firm of the Year at the Asian Legal Business Pan Asian Regulatory Awards 2025

Allen & Gledhill named FinTech and Digital Assets Firm of the Year at the Asia Legal Awards 2025

Allen & Gledhill recognised in The Legal 500’s inaugural worldwide rankings