Professional Services/Legal

High time for MAS to amplify investigative powers: law firms

The proposed amendment will strengthen MAS’ power in multiple acts.

High time for MAS to amplify investigative powers: law firms

The proposed amendment will strengthen MAS’ power in multiple acts.

GuocoLand, OCBC, Doxa to develop digital platform for dev’t projects transactions

This will be ready by October and will be piloted through Meyer Mansion.

Estate Agents Act amendments takes effect 30 July

The amendments include higher penalties for erring property agencies or agents. 

Hiring activity increased in June: Indeed

Job postings were 35.6% higher than 1 February 2020. 

Gov’t OKs wage increases, annual bonus for L&E technicians

Around 1,300 lift and escalator technicians will be covered by the Lift & Escalator Progressive Wage Model.

GuocoLand partners with local enterprises for digitalisation

The group eyes to implement more than 20 projects over the next two years in line with its digitalisation drive.

80% of workers go to office amidst lockdown to process invoices: survey

This is despite the support of their workplaces towards paperless initiatives (77.8%) and remote working (66.8%).

OCBC launches comprehensive sustainability training

The second phase OCBC Future Smart Programme has an investment of S$30 million over the next three years.

What are the key features of the new Copyright Bill?

If passed, the bill will be operationalised in November 2021.

Public feedback sought on amendments to Companies, LLPs Acts

The government is proposing four key amendments to transparency and beneficial ownership of companies and limited liability partnerships.

MAS seeks enhancement of investigative powers 

This includes the power for MAS to enter premises without prior notice or a court warrant.

SGX RegCo enforces new whistleblowing policy for issuers

This followed a public consultation on changes to the Listing Rules.

Cash flow test now sole determinant for company insolvency

This is based on a new ruling by the Court of Appeal.

MinLaw extends TPF framework to more legal proceeding categories

This will allow more businesses to have an alternative avenue to fund meritorious claims.

Singapore amongst the most preferred arbitration hubs in 2021

It shares the top post with London after both scored 54% in the global survey.

Corruption-related reports hit five year low

Singapore's Corrupt Practices Investigation Bureau says the corruption situation in Singapore is ‘firmly under control’.

Hiring demand for lawyers to rebound in 2021: report

Hiring capacity dampened in the beginning of 2020, due to the pandemic.