Yap Lune Teng
Partner
Lune Teng’s area of expertise is in corporate regulatory, governance and compliance.
She provides corporate regulatory and compliance advice, particularly to listed clients, on corporate governance matters, disclosure requirements for companies and their controllers, substantial shareholders and directors, share incentive schemes, scrip dividend schemes, share repurchases, interested person transactions and other corporate matters. She also regularly reviews and provides feedback on legal and securities developments, focusing on amendments to Singapore company and securities law and listing rules.
Lune Teng is listed as an expert in Who’s Who Legal: M&A and Governance for corporate governance, and was consulting editor to the 2016 publication, Listing in Singapore: Corporate Governance Perspectives.
Publications
- Raising the bar on sustainability reporting: ACRA publishes draft Singapore Sustainability Disclosure Standards
- SGX reduces standard board lot size and enhances custody structure
- New legislative framework facilitating dual listings on SGX and Nasdaq through Global Listing Board in effect
- First phase of commencement of key changes under Corporate and Accounting Laws (Amendment) Act 2025
- SGX RegCo publishes new listing rules for the Global Listing Board as Parliament passes Securities and Futures (Amendment) Bill to facilitate dual listings
- SGX RegCo seeks feedback on proposed disclosure requirements on remuneration, dividend, and investor relations policies
- Securities and Futures (Amendment) Bill introduced to enable implementation of proposed regulatory regime for the Global Listing Board
- MAS consults on proposed dematerialisation regime for shares of listed companies and regulatory framework for central securities depositories
- MAS consults on proposed changes to share financing requirements
- SGX RegCo consults on proposal to reduce standard board lot sizes
- MAS and SGX RegCo consult on proposed establishment of Global Listing Board for dual listings on SGX and Nasdaq
- SGX RegCo and ISCA jointly develop roadmap to navigate SGX’s climate reporting timelines
- Equities Market Review Group publishes final report and announces SGX-Nasdaq dual listing bridge, value-creation programme, second batch of EQDP asset managers, and trading and market structure enhancements
- ACRA issues Financial Reporting Practice Guidance No. 1 of 2025 on areas of review focus for FY2025 financial statements
- Corporate and Accounting Laws (Amendment) Bill passed to prevent misuse of companies, safeguard shareholders’ interests, strengthen regulatory framework, and reduce regulatory burden
- SGX RegCo implements changes to listing rules to advance Singapore towards a more disclosure-based regime
- MAS and SGX RegCo consult on proposal to consolidate listing review functions under SGX RegCo to streamline listing process
- ACRA and SGX RegCo extend timelines for most climate reporting requirements
- MOF and ACRA consult on legislative amendments under draft Corporate and Accounting Laws (Amendment) Bill to prevent misuse of companies, reduce regulatory burden, and safeguard shareholders’ interests
- Corporate Governance Advisory Committee to review Code of Corporate Governance
- Revised sentencing framework sets imprisonment as default punishment for nominee directors breaching duty to exercise reasonable diligence
- ACRA publishes Financial Reporting Surveillance Programme Report 2024 and Directors’ Guide providing comprehensive overview of directors’ responsibilities and guidance for navigating financial reporting requirements
- ACRA (Registry and Regulatory Enhancements) Act 2024 facilitating digital communications and enhancing ACRA regulatory framework in operation from 9 December 2024 except Part 8
- ACRA issues Financial Reporting Practice Guidance No. 1 of 2024 on areas of review focus for FY2024 financial statements
- IFRS Sustainability Disclosure Standards to be incorporated into SGX climate reporting rules from FY 2025
- SGX updates guidance note on change of auditors
- ACRA (Registry and Regulatory Enhancements) Bill facilitating digital communications and enhancing ACRA regulatory framework passed on 2 July 2024
- ACRA (Registry and Regulatory Enhancements) Bill tabled following consultation on streamlining corporate regulatory regime
- SGX seeks comments on proposed rule changes on facilitating shareholder-requisitioned meetings
- SGX RegCo issues consultation paper on incorporation of ISSB standards in sustainability reporting
- MOF and ACRA consult on proposed legislative amendments relating to digital communications and regulatory enhancements
- ACRA, SGX RegCo respond to feedback from consultation on Sustainability Reporting Advisory Committee recommendations: Mandatory climate reporting for listed issuers and large non-listed companies
- SGX RegCo enhances mandatory training requirements for directors with no prior experience
- CGAC revises Practice Guidance in Code of Corporate Governance in relation to shareholder rights and conduct of general meetings and engagement with shareholders
- MAS revises FAQs on Disclosure of Interests to provide guidance on determining date of acquisition of or change in interests under Part 7 of Securities and Futures Act 2001
- ACRA issues Financial Reporting Practice Guidance No. 1 of 2023 on areas of review focus for FY2023 financial statements
- ACRA, SGX RegCo consult on Sustainability Reporting Advisory Committee recommendations: Mandatory climate reporting for listed and large non-listed companies
- SGX RegCo publishes Guidelines on Independent Financial Advisers setting out expectations of directors and IFAs
- Companies, Business Trusts and Other Bodies (Miscellaneous Amendments) Act 2023 in force on 1 July 2023: Providing for fully virtual or hybrid meetings, revised threshold computation for compulsory acquisition of shares, and other amendments
- Companies, Business Trusts and Other Bodies (Miscellaneous Amendments) Act 2023: Provisions on compulsory acquisition of shares, disqualification of directors and penalties imposed on directors to take effect on 1 July 2023
- Companies, Business Trusts and Other Bodies (Miscellaneous Amendments) Act 2023: Providing for fully virtual or hybrid meetings, revised threshold computation for compulsory acquisition of shares, and other amendments
- MOF and ACRA issue responses to key feedback on proposed amendments to Companies Act 1967
- ACRA, MOF and MAS issue consultation paper on legislative amendments to enable conduct of general meetings by electronic means
- ACRA issues Financial Reporting Surveillance Programme Report 2022 highlighting measures to strengthen financial reporting competency
- SGX RegCo amends Listing Rules to limit tenure of independent directors to nine years and require disclosure of exact remuneration of directors and CEOs