News & Articles
BRINGING LOCAL PERSPECTIVES TO GLOBAL KNOWLEDGE
Cryptocurrencies and ESG Considerations
Cryptocurrencies and ESG valuesAs the cryptocurrency industry rises in prominence (with Bitcoin and increasingly, Ethereum being 2 of the most popular cryptocurrencies by market value), many Financial Institutions (“FIs”) worldwide have shown interest in virtual...
The Use of Electronic Signatures in Singapore
Due to the disruption arising from the spread of COVID-19, there is a global shift towards technological advancements and transformation. The use of electronic signatures instead of traditional “wet ink” signatures has become more common. This article will explore the...
Proposed ‘Amicable’ Divorce Option
On 2 May 2021, the Ministry of Social and Family Development (MSF) published a Consultation Paper entitled “How to Better Support Children and Divorcees, And Reduce Acrimony in Divorce”. The Consultation Paper was compiled after engaging with more than 120 divorcee...
New Omnibus Act for the Financial Sector
On 21 July 2020, the Monetary Authority of Singapore (“MAS”) published a Consultation Paper on a proposed new omnibus Act for the financial sector (the “Omnibus Act”). The consultation period has closed on 20 August 2020. The Omnibus Act will be a standalone...
Repercussions of Failing to Provide Full and Frank Disclosures of Matrimonial Assets
SummaryIn UZN v UZM [2020] SGCA 109 (“UZN”), the Court of Appeal allowed an appeal regarding a division of matrimonial assets by drawing an adverse inference against a party who failed to disclose/adequately explain his assets.Reaching a fair assessment: How does a...
Amendments to the Personal Data Protection Act
Singapore’s Personal Data Protection Act (No. 26 of 2012) (“PDPA”), which was passed in 2012, governs the “collection, use and disclosure of personal data by organisations” and also establishes a “Do Not Call” Registry (“DNC”), as set out in its preamble. Since 2012,...
Changes to the Employment Landscape
Despite the recent economic uncertainty brought about by COVID-19, which saw a tightening of immigration policies and a focus towards developing a stronger local workforce, the Singapore Government continues to recognise the need for global talent in growing sectors....
Merger Announcement – GLA X CLC
The management of Global Law Alliance LLC is pleased to announce that with effect 1 November 2020, its ongoing business will be merged with that of the Singapore registered law office of Consilium Law Corporation. Doubling our size, we will be able to continue to...