Author Archive:
Lisa Theng
CNPlaw LLP recommended in Benchmark Litigation Asia Pacific 2024
Read more: CNPlaw LLP recommended in Benchmark Litigation Asia Pacific 2024CNPLaw LLP is thrilled to announce our inclusion in Benchmark Litigation Asia-Pacific 2024 rankings for the seventh consecutive year. We are honored to have received recognition in multiple categories, including: Mr. Subramanian Pillai who heads our Construction, Engineering & Infrastructure Projects Practice Group was recommended as a Litigation Star for Singapore in the practice area…
Cryptocurrencies & fintech regulatory update in Southeast Asia (Singapore, Malaysia and Thailand)
Read more: Cryptocurrencies & fintech regulatory update in Southeast Asia (Singapore, Malaysia and Thailand)Purpose of the FATF Travel Rule This article updates a previous article published in CNP Update on 23 May 2020 on the regulatory approach to cryptocurrency and digital assets in Southeast Asia, in particular, in Singapore, Malaysia and Thailand. Please click here to find out more.
The Law Reform Committee’s Report on the Enactment of Non-Charitable Purpose Trusts
Read more: The Law Reform Committee’s Report on the Enactment of Non-Charitable Purpose TrustsIntroduction On 31 May 2021, the Singapore Academy of Law’s Law Reform Committee (“LRC”) released a report recommending the creation of statutory Non-Charitable Purpose Trusts (“NCPTs”) for certain purposes in Singapore. As Singapore currently follows the common law position, NCPTs are generally regarded as invalid for offending the beneficiary principle and the rule against perpetuities,…
Introduction to the dispute resolution framework
Read more: Introduction to the dispute resolution frameworkSingapore law is based on the principles of common law, similar to the legal systems of other commonwealth jurisdictions. In the more than 50 years since Singapore achieved full self rule and government from Great Britain, its legal system has undergone substantial legislative and procedural changes. The objective behind these changes was to streamline the…
MAS guidelines on environmental risk management for asset managers
Read more: MAS guidelines on environmental risk management for asset managersOn 8 December 2020, the Monetary Authority of Singapore (“MAS”) issued the Guidelines on Environmental Risk Management (“Guidelines on ERM”) for asset managers, following a public consultation from June to August 2020. The Guidelines on ERM for Asset Managers set out sound environmental risk management practices that asset managers can adopt to address the impact…
Non-fungible tokens and their legal implications
Read more: Non-fungible tokens and their legal implicationsWhat are Non-fungible tokens? Non-fungible tokens (“NFTs”) are unique digital tokens backed by blockchain technology, the same distributed ledger technology supporting well known cryptocurrencies such as Ethereum and Bitcoin. Despite having been around for a while, NFTs have become quite the rage recently largely due to the popularity of cryptocurrency as well as the infrastructure…
Setting up a crypto fund in Singapore
Read more: Setting up a crypto fund in SingaporeIntroduction Cryptocurrencies have very much come back into the news recently since Bitcoin (the most well-known cryptocurrency) rebounded in its price and subsequently went on another roller coaster ride. Much has been said online and in the press about the “rising” prices of Bitcoin and Ethereum reaching new highs only to fall back dramatically, albeit…
Changes to work arrangements for Dependant’s Pass holders
Read more: Changes to work arrangements for Dependant’s Pass holdersThe Ministry of Manpower (“MOM”) announced on 3 March 2021 that for the purposes of aligning the requirements that will allow Dependant’s Pass (“DP”) holders to work in Singapore with the requirements that other foreigners have to satisfy in order to work in Singapore, and consistency with the updates made to the work pass framework…
Changes to work arrangements for Dependant’s Pass holders
Read more: Changes to work arrangements for Dependant’s Pass holdersAuthors: Wong Pei-Ling and Marvin Chua. The Ministry of Manpower (“MOM”) announced on 3 March 2021 that for the purposes of aligning the requirements that will allow Dependant’s Pass (“DP”) holders to work in Singapore with the requirements that other foreigners have to satisfy in order to work in Singapore, and consistency with the updates made to the…
Setting up a crypto fund in Singapore
Read more: Setting up a crypto fund in SingaporeAuthors: Quek Li Fei and Yeo Tun Zen. Introduction Cryptocurrencies have very much come back into the news recently since Bitcoin (the most well-known cryptocurrency) rebounded in its price and subsequently went on another roller coaster ride. Much has been said online and in the press about the “rising” prices of Bitcoin and Ethereum reaching new…
Non-fungible tokens and their legal implications
Read more: Non-fungible tokens and their legal implicationsAuthors: Quek Li Fei and Sean Tan. What are Non-fungible tokens? Non-fungible tokens (“NFTs”) are unique digital tokens backed by blockchain technology, the same distributed ledger technology supporting well known cryptocurrencies such as Ethereum and Bitcoin. Despite having been around for a while, NFTs have become quite the rage recently largely due to the popularity of cryptocurrency as…
Indonesian investment updates – Revamping the law on foreign investment
Read more: Indonesian investment updates – Revamping the law on foreign investmentBackground Presidential Regulation No. 10 of 2021 (the “Investment Law”) is the implementing regulation for the Omnibus Law[1], and it came into effect on 4 March 2021. The Investment Law revokes the foreign investment limitations imposed by Presidential Regulation No. 76 of 2007 and Presidential Regulation No. 44 of 2016, or more commonly referred to…