All posts in Publications

IMDA and AI Verify Foundation finalise Governance Framework for Generative AI and launch Project Moonshot

On 30 May 2024, the Infocomm Media Development Authority (“IMDA”) and AI Verify Foundation (“AVF”) finalised the Model AI Governance Framework for Generative AI in Singapore. On 31 May 2024, IMDA and AVF launched Project Moonshot, an open-source Large Language Models (“LLM”) evaluation toolkit to allow businesses to assess their AI applications in terms of performance and safety. This legal update outlines the key changes made to the finalised Model AI Governance Framework and provides an overview of Project Moonshot.

Legal […]

Greenwashing: Keeping Environmental Claims Clean in the EU and Singapore

This client note provides a brief summary of the upcoming Green Claims Directive in the EU, and discusses the framework by which greenwashing claims will be addressed in Singapore.

Greenwashing: Keeping Environmental Claims Clean in the EU and Singapore

SGX RegCo’s Public Consultation on the Facilitation of Shareholder-Requisitioned Meetings

This update discusses the Singapore Exchange Regulation’s recent public consultation, whereby it proposed amendments to the SGX-ST Listing Rules to impose an obligation on issuers to facilitate the convening and conduct of shareholder-requisitioned meetings under sections 176 and 177 of the Companies Act 1967 of Singapore.

Legal Update: SGX RegCo’s Public Consultation on the Facilitation of Shareholder-Requisitioned Meetings

Merger and Acquisition Update – Significant Investments Review Act 2024 of Singapore

This Legal Update provides a summary of the new Significant Investments Review Act 2024 (“SIRA“), which came into effect on 29 March 2024. SIRA establishes an investment management regime to review and regulate significant investments into entities critical to Singapore’s national security interests.

Legal Update: Significant Investments Review Act 2024

Overview of the Cybersecurity (Amendment) Bill

This legal update provides an overview of the amendments brought by the Cybersecurity (Amendment) Bill of 7 May 2024 and sets out their impact on existing owners of computers or computer systems when the Bill comes into operation.

Legal Update: Cybersecurity (Amendment) Bill

Divorce by Mutual Agreement

This Client Note provides a summary of the relevant considerations relating to the new “Divorce by Mutual Agreement” option in Singapore.

Client Note: Divorce by Mutual Agreement

Competition Law issues in Environmental Sustainability Collaborations in Singapore

This client note provides a brief framework to address three competition-law issues businesses should consider before entering environmental sustainability collaborations.

Competition Law Issues relating to Environmental Sustainability Collaborations

Privatisation of Companies and Delisting Options

In recent times, parent companies have been contemplating privatisation options due to subdued valuations in the market. This shift seems to have prompted exploration of alternative strategies in response to prevailing market conditions, perhaps as a means to unlock latent value within the companies and/or to allow for greater flexibility and control. 

This legal note offers an overview of various delisting options that could be viable strategies for companies contemplating privatisation.

Privatisation of Companies and Delisting Options

Interim Injunctions for Restraint of Trade Clauses

Interim Injunctions for Restraint of Trade Clauses (MoneySmart Singapore Pte Ltd v Artem Musienko [2024] SGHC 94) – This case underscores the High Court’s stance that overly broad restraint of trade clauses are generally unenforceable. It highlights key considerations for employers when drafting restraint of trade clauses in employment agreements. This case further reinforces the notion that boilerplate clauses relating to restraint of trade should be reviewed carefully.

Interim Injunctions for Restraint of Trade Clauses

Pioneering AI Governance: A First Look into the Landmark EU AI Act

On 13 March 2024, the European Parliament approved the Artificial Intelligence Act, the world’s first comprehensive legislation specifically designed to regulate artificial intelligence systems. This legal note offers an overview of the obligations introduced by the Act and outlines the preparatory steps that Singapore-based businesses and organisations deploying AI systems in the European Union should consider. The Act is expected to commence in the second or third quarter of 2024.

Pioneering AI Governance: A First Look into the Landmark EU AI […]