Banking

Singapore High Court considers issue of governing law in application to restrain call on an on-demand bond

Corporate

	MAS establishes Corporate Governance Council
	Singapore High Court finds director breached fiduciary duties by diverting commission due to company

Moneylenders

Moneylenders Act amended with effect from 11 February 2010: Enhancing enforcement measures against unlicensed moneylenders

Securities & Futures

	Proposals for new regulatory regime for unlisted investment products to be revised and extended to listed investment products
	MAS issues second part of response to feedback on earlier consultation on unlisted investment products
	Singapore District Court imposes hefty fine on remisier for allowing client to trade under another person’s account

Singapore Exchange

SGX provides guidance on proposals for restructuring or spin-offs

Tax

Singapore implements international standard for exchange of information for tax purposes on 9 February 2010

Banking

MAS proposes amendments to MAS Notice 637 on Risk Based Capital Adequacy Requirements for Banks Incorporated in Singapore

Mergers & Acquisitions

SIC issues Practice Statement on announcements relating to possible offers

Regulatory

MAS proposes to remove accredited investors exemption from securities lending rules for brokers and other changes

Securities & Futures

English High Court rules on conditional payments provision of 1992 ISDA Master Agreement

Singapore Exchange

SGX proposes new Mainboard listing criteria and introduction of SPACs

Tax

IRAS circular provides guidance and clarification on new tax framework for corporate amalgamations

News

	Allen & Gledhill wins Financial Times and Mergermarket M&A Award for South East Asia Legal Advisor of the Year two years in a row
	Appointment of Dr Stanley Lai as Senior Counsel
	New Partners