Professional Services/Legal
Proposed bill to strengthen protection against workplace discrimination
Proposed bill to strengthen protection against workplace discrimination
It is expected to be enforced by 2026 or 2027.
Singapore strengthens international criminal cooperation with MACMA amendment bill
The bill had its second reading on 11 November.
New bill reduces insolvency filing costs, introduces streamlined criteria
Companies need to meet just one criterion.
Estimates Committee flag Tote Board’s $4.2b accumulated reserves
Tote Board said this allowed them to extend funding commitments.
CCCS issues PID to two firms over bid rigging on community club tenders
The bid-rigging happened between August and October 2022.
Synergy Marine and Grace Ocean to pay $133m for US bridge collapse
It will go to the U.S. Treasury and the federal agencies affected.
SG proposes int'l committee for SICC to hear global civil appeals
The committee will have ad hoc members from foreign courts referring appeals
New bill targets court abuse with stricter contempt guidelines
Court abuse includes filing false claims to delay criminal proceedings.
SG records $6.7m impersonation scam losses in September
The scammers impersonate bank and government officials.
Oon Yun Cong sentenced for fraudulently inducing share trades under SFA
Oon faces 16 months’ imprisonment and a $12,105.70 fine.
Ramp-and-dump suspect extradited to Hong Kong after Singapore arrest
The suspect will face a securities fraud charge.
Gov't clarifies due diligence for real estate agents, lawyers in AML update
It also strengthened the detection and enforcement aspects of its AML framework.
CHO to receive additional $1.63m from arbitration case
This brings the aggregate amount awarded to $3.9m.
AI consultancy firm Let’s AI This opens in Singapore
The firm is founded by Kenny Powar and Neil Cotton.
Competition watchdog investigates HairFun Salons for unfair practices
The company received similar complaints under a different name.
ISCA, COC launches new anti-money laundering initiatives for charities
The two will be subsidising services to enhance anti-AML/CFT capabilities.
Leung Yiu Chown steps down as CTO of Karin Technology
Chown will take up the position of executive consultant.
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