Professional Services/Legal
Mandatory insurance may boost SME trust in small audit firms
Mandatory insurance may boost SME trust in small audit firms
Minimum coverage starts at $1m, rising with the size of the firm up to $50m.
Gov’t recommends 10 key reforms for platform workers protection
Operators must notify the MoM if they suspect a worker is allowing a foreigner to misuse their account.
SAL launches LawNet 4.0 with AI model for contract law research
A key feature is the GPT-Legal Q&A model that supports natural language queries.
Singapore launches tool to summarise case documents at the small claims court
The tool will be rolled out in phases in November.
Police investigate PUB contract irregularities after AGO findings
25 significant lapses were discovered by AGO in its overall evaluation.
Duxton Hill Chambers expands cross-border reach with London launch
Its members will handle litigation and international arbitration work within and from the UK.
Singapore Paincare faces $350k to $450k in claims for alleged sums owed
The claims relate to services Lim Seow Yuen said she provided to the company in 2020.
SGX asks SDAI to resolve internal control weaknesses
The report found concerns, including misuse of past fundraising proceeds.
MoM simplifies lifting equipment tests for businesses
This will provide flexibility by allowing occupiers to appoint competent persons.
International Centre for Settlement of Investment Disputes establishes Singapore office
This will be ICSID’s first staffed office outside of its headquarters in Washington, D.C.
ISCA and EY launch career mobility initiative for accountants in SEA
The programme reinforces Singapore’s role as a hub for accountancy excellence.
Faster corporate closure process may aid restructuring
It will benefit multinational companies reorganising for commercial or tax reasons.
CCCS sanctions immigration consultancy firms over misleading tactics
The case centres on three firms Paul, VED, and SAVA Immigrations.
Dasin Retail Trust subsidiary warned of legal action over unauthorised loan repayment
The offshore facility agent flagged breaches of financing terms in letter to ZYCPM.
EuroSports Global chairman remains ‘suitable’ despite being charged
He faces 19 charges under Singapore’s Securities and Futures Act.
Over 100 employees affected in salary offenses across three companies
Of the approximately $432,000 owed to the 103 employees, only $73,000 was eventually paid.
New ESG guide for business valuation released
It expands ESG guidance using international valuation standards.
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