Updates

An array of commentary, opinion and experience from our experts.

Insights

Key takeaways from the ABS’ industry perspective on best practices recommendations on compliance risks with a nexus to digital assets

The Association of Banks in Singapore (ABS) has this month, in collaboration with the MAS, the CAD and Ernst & Young, released a set of ‘best practices’ recommendations from the industry perspective, to help financial institutions (FIs) approach money-laundering (ML), terrorism financing (TF) and sanctions risks in the digital assets space. We summarise the key takeaways for FIs.

22 July 2023

Podcasts

Black & White: Sanctions

Sanctions can be one of the most cryptic areas of law - Vast, complex, ever-changing.  What are sanctions cases like in reality? What has Singapore’s stance been on sanctions and has it changed following the Russian invasion of Ukraine? Why have there been so many record-breaking penalties of late? Co-founder of Setia Law, Wern-Jhien is joined by Setia's Victoria Ting, a former prosecutor and government lawyer specialising in the area, to demystify these and more.

22 June 2023

Insights

Corporate Criminal Liability and the Failure to Prevent in Singapore

Victoria Ting recently published an article with Chambers Expert Focus discussing the question: When does a company commit a crime? The article is reproduced below.

20 June 2023

Insights

The Singapore Court’s Treatment of Foreign Solvent Liquidations under the UNCITRAL Model Law on Cross-Border Insolvency

Bethel Chan and Lee Jin Loong recently published an article with Chambers Expert Focus discussing the Singapore Courts' stance on foreign solvent liquidations and their entitlement to recognition or assistance under the UNCITRAL Model Law on Cross-Border Insolvency.

20 June 2023

Podcasts

Black & White: Cryptocurrency

A recent decision in the Singapore High Court involving the Algorand Foundation and Three Arrows Capital raised several novel points of discussion concerning Cryptocurrency’s status as a form of money, and a creditor’s ability to pursue cryptocurrency debts in an insolvency court. Setia’s Jason Teo, who was appointed as Young Independent Counsel in that case, joins us to discuss the decision and its implications.

01 June 2023

Insights

Setia Law set to become Singapore’s leading disputes, financial crime and corporate distress specialist.

Setia Law (“Setia”), a first-of-its-kind boutique law firm has launched in Singapore this April. Helmed by Danny Ong and Yam Wern-Jhien along with their talented team of lawyers, Setia Law is a specialist in dispute resolution, fraud and financial crimes, and debt restructuring and insolvency.

03 April 2023

Insights

Singapore Court Considers Novel Crypto Issues In Three Arrows Case

Jason Teo, Associate Director, was recently appointed as Young Independent Counsel in a creditor’s winding up application brought by Algorand Foundation Ltd against Three Arrows Capital Pte. Ltd., the Singapore-incorporated management company for collapsed cryptocurrency hedge-fund firm Three Arrows Capital.

03 April 2023

Insights

Civil Law Act amendments boost Singapore’s credentials as hub for cross-border dispute resolution.

The passing of the Courts (Civil and Criminal Justice) Reform Bill 2021 marked significant changes to the civil litigation landscape in Singapore.

03 April 2023

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