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Employment Act to Cover All Employees and to Include Claims of Constructive Dismissal

The Employment Act will be amended to cover all employees, including those in managerial and executive positions earning a basic monthly salary in excess of SGD4,500. Claims for wrongful dismissal will be extended to include...more

The New Regime for Accredited Investors

The test for who may be regarded as an accredited investor has been tightened. In addition, from 8 January 2019, new customers who qualify under the quantitative criteria to be accredited investors must specifically consent...more

The Variable Capital Company: A New Corporate Structure for Funds in Singapore

The Variable Capital Company (VCC) is a new corporate entity structure under which several collective investment schemes (whether open-end or closed-end) may be gathered under the umbrella of a single corporate entity and yet...more

Singapore Legal Update - August 2018

SIC Consulting on the Application of the Takeover Code to Dual Class Shares Companies - The SIC’s consultation proposes that where changes in the number of votes of multiple vote shares in a dual class shares company...more

Issuers Making Offers to Investors in Singapore Face a New Obligation to Classify Their Products

A new section 309B of the Securities and Futures Act affects all offers made in or into Singapore, whether the issuer is incorporated in or outside Singapore. It requires issuers to classify their capital markets product...more

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