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
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
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
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 (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
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 […]
This legal update discusses the Monetary Authority of Singapore’s recent decision to sunset the Registered Fund Management Companies regulatory regime so as to streamline the regulatory framework for fund managers in Singapore with the overall goal of encouraging the growth of Singapore’s fund management industry.
Legal Update: Proposed Repeal of the Registered Fund Management Companies Regulatory Regime
To provide a starting point for such an undertaking, our IP department has written a summary of the dominant approaches to IA/IP valuation.
On 1 March 2024, the Personal Data Protection Commission released a new set of advisory guidelines to provide businesses with, among others, more clarity on the use of personal data to train or develop artificial intelligence (“AI“) systems, as well as data protection best practices for businesses implementing AI.
We provide a summary and brief commentary of the Guidelines here:
Legal Update: An overview of the NEW PDPC Advisory Guidelines on the use of Personal Data in AI Systems
This legal update discusses the different approaches taken by the Courts when dealing with the issue of exclusive use and enjoyment of common property.
From Aircons to Ziptracks – Exclusive Use of Common Property