Legal Bulletin January 2026: Allen & Gledhill

29 January 2026

Capital Markets

MAS and SGX RegCo consult on proposed establishment of Global Listing Board for dual listings on SGX and Nasdaq

Competition & Foreign Investment Review

CCS’ recent enforcement actions signal increased scrutiny of “dark patterns” in online retail

Antitrust developments and enforcement activity in South-east Asia: July to September 2025

Cybersecurity & Data Protection

Public Sector (Governance) (Amendment) Bill allowing public sector agencies to share data with external partners passed in Parliament

Energy, Infrastructure & Projects

EMA seeks comments on proposed Data Code of Practice (Phase One)

EMA announces enhanced safeguards for residential electricity contracts with auto-renewal

ESG & Public Policy

Building supply chain resilience through human rights and environmental due diligence

Singapore and Brazil sign MOU to establish partnership for climate action

EU-Singapore Digital Partnership enters new phase of cooperation

Intellectual Property

IPOS suspends acceptance of new requests under SG Patents Fast and SG Trade Marks Fast acceleration programmes

Maritime & Aviation

Singapore’s new sustainable aviation fuel levy and fund, and their implications for airlines, banks, and lessors

Medico-Legal

Health Information Bill passed to establish framework for the safe collection and sharing of health information

UK and Singapore launch new regulatory corridor to speed up access to breakthrough health technologies

Restructuring & Insolvency

Singapore High Court delivers significant decision involving interaction between insolvency and arbitration, and provides important guidance on entire agreement clauses

Tax

Finance (Income Taxes) Act 2025 amends Multinational Enterprise (Minimum Tax) Act 2024 to incorporate updates to Pillar Two rules and bring into effect tax measures announced in 2025 Budget Statement

Technology, Media & Telecommunications

MDDI consults on draft Info-Communications Media Development Authority (Amendment) Bill on changes to the media competition framework

Regional News

China

Singapore and China deepen financial cooperation through new RMB and capital market initiatives

China’s Regulations on Commercial Mediation to come into effect 1 May 2026

China proposes new rules to govern human-like AI

Indonesia

Indonesia updates procedures for formation, amendment, and dissolution of limited liability companies

Malaysia

Deemed registration of large internet messaging and social media service providers in Malaysia

Malaysia High Court rules private parties may bring private lawsuits for losses allegedly caused by anti-competitive behaviour

Malaysia’s Advisory Committee on Sustainability Reporting sets out approach for non-compliance to sustainability reporting requirements

Bank Negara Malaysia issues exposure draft on capital adequacy framework in relation to counterparty credit risk

Bank Negara Malaysia revises policy document on Risk Management in Technology

Bank Negara Malaysia issues policy document on Broader Application of Ta’awun in Takaful

Myanmar

Myanmar issues Geographical Indication Registration Rules

Myanmar reduces percentage of export earnings required to be converted into kyat

Vietnam

Vietnam implementation guidance for Anti-Money Laundering Law in effect 1 November 2025

Vietnam’s new Cybersecurity Law to come into effect 1 July 2026

Publications

Charting New Waters: The Singapore International Commercial Court After Ten Years

ICLG: Environmental, Social & Governance Law 2026 (6th Ed) - Singapore

Practical Law: Contracts and Contract Execution - Singapore (2025)

Practical Law: Powers of Attorney - Singapore (2025)

Practical Law: Construction and Projects - Singapore (2025)

Practical Law: Joint Ventures - Control and Minority Protection - Singapore (2025)

Practical Law: Tax Residency of Companies in Singapore (2025)

Practical Law: Insider Trading - Singapore (2025)

Deals

Issue of US$705.5 million infrastructure asset-backed securities by Bayfront IABS VII Pte. Ltd.

Issue of US$653 million subordinated dated capital bonds by Nanshan Life Pte. Ltd. guaranteed by Nan Shan Life Insurance Co., Ltd.

Issue of US$500 million notes by Clifford Capital Holdings Pte. Ltd.

News

Admission of new Partners and Counsel 2026

Awards & Rankings

A&G Asia continues to be recognised for its top tier rankings in the region by The Legal 500 Asia Pacific 2026

A&G Asia continues to be recognised for its leading position in the region by Chambers and Partners in its 2026 rankings

Dr Stanley Lai, SC recognised in Asian Legal Business Asia Top 15 Intellectual Property Lawyers 2025

Elsa Chen recognised in The Legal 500’s inaugural Asia Pacific Green Ambassadors 2026