Legal Bulletin October 2024
29 October 2024
Charity Governance
New initiatives launched to strengthen charities’ governance capabilities
Corporate / M&A
Authentication of public documents to be available online from 2025
Cybersecurity & Data Protection
CSA launches guidelines and companion guide on securing AI systems
Dispute Resolution
Employment, Health & Safety
Energy, Infrastructure & Projects
Enterprise Singapore signs MOU to expand Singapore’s network with global offshore wind sector
ESG & Public Policy
NCCS conducts public consultation on Singapore’s decarbonisation journey
Singapore substantially concludes the ASEAN-China Free Trade Area 3.0 Upgrade negotiations
Intellectual Property
IPOS issues supplemental guidance for examination of AI-related patent applications
Tax
Multinational Enterprise (Minimum Tax) Bill passed to implement two new top-up taxes under BEPS 2.0
Bill to amend Income Tax Act 1947 to effect Budget 2024 changes passed
White Collar & Investigation
Regional News
China
China expands foreign investment access in manufacturing and medical sectors
Indonesia
Key highlights of Indonesia’s new Franchise Regulation
Malaysia
Malaysia Federal Court finds ruling on unpleaded issue fatal to adjudication decision
Myanmar
Myanmar Internal Revenue Department launches Tax Payment Portal
Myanmar workers overseas required to remit foreign earnings home
Vietnam
Vietnam provides detailed guidance on implementation of new Land Law
Publications
Lexology In-Depth: Dominance and Monopolies (12th Ed, 2024) - Singapore
The Consumer: Understanding trademarks, counterfeits and dupes
The International Comparative Legal Guide to Competition Litigation 2025 (17th Ed) - Singapore
Practical Law: Public Mergers and Acquisitions in Singapore
Corporate Acquisitions and Mergers (2024) - Singapore
Deals
S$5.9 billion term facilities to CLA Real Estate Holdings Pte. Ltd.
US$1.8 billion term and revolving loan facilities to Olam Treasury Pte. Ltd.
S$1.7 billion term and revolving loan facilities to Orchard Turn Retail Investment Pte. Ltd.
US$46.4 million subscription of shares in Himawari VNSC3 Pte Ltd by Toshin Development Co., Ltd.
Acquisition of a minority stake in Chemoil Storage Limited by Advario B.V.
Awards & Rankings