Welcome to the 5th issue of the Dentons Rodyk Reporter in 2022.

The Dentons Rodyk Reporter is a compendium of commentaries produced and published by Dentons Rodyk Academy. Articles and updates on the latest developments in the law and industry practices are conveniently categorised in the following specialist bulletins. Please click on the links to read the articles.

Business Bulletin

• Dentons Rodyk Dialogue 2022
• Private Equity Leans into ESG
• Launch of buy now, pay later code of conduct
• Light at the end of the tunnel – A case study of a successful restructuring
• New Measures to Improve Workplace Safety
• SGX Regco considers requiring Disclosure of Directors’ and CEO Remuneration and 9-Year Cap on ID Tenure

IP Edge

• In cases of PDPA breaches, Individuals can now claim for emotional distress against organisations

Regional

• Myanmar’s Foreign Exchange Regulations – A Chronological Overview
• FATF adds Myanmar to the blacklist
• Carbon Projects and ASEAN: Opportunities and Challenges

Showing 1 - 10 of Total Results (10)

Dentons Rodyk Dialogue 2022

November 16, 2022

Singapore: The Dentons Rodyk Dialogue 2022, the sixth of its series, is co-organised by Dentons Rodyk & Davidson LLP and the Singapore Management University (SMU) under the auspices of the SMU Yong Pung How School of Law’s Centre for Commercial Law in Asia. This year’s Dialogue focused on maximising the commercial opportunities and profound societal benefits brought about by digitalisation, while effectively minimizing the often unforeseen and inadvertent risks and consequences digitalisation has on society and the environment.

Private Equity Leans into ESG

November 14, 2022

Singapore: In the private equity sector, the rise of sustainable funds and sustainable investing shows the recognition of ESG’s role in value creation. As ESG investing becomes more mainstream, companies which take proactive steps to address ESG issues will find themselves more marketable as an attractive target for investment.

FATF adds Myanmar to the blacklist

October 26, 2022

Singapore: At the FATF Plenary Press Conference on 21 October 2022, the FATF announced that Myanmar has been categorised as a high-risk jurisdiction subject to a call for action. What does this mean? What can we expect? 

Myanmar’s Foreign Exchange Regulations – A Chronological Overview

October 26, 2022

Singapore: Since declaration of the state of emergency on 1 February 2021, disruption in banking services, exchange rate fluctuations and limits imposed on cash withdrawals are some of the pressing issues to deal with. There have been several official updates on foreign exchange regulations issued by the Central Bank of Myanmar (CBM). We take you through a chronological overview in this article, and provide our analysis on the situation on the ground. 

Launch of buy now, pay later code of conduct

October 21, 2022

Singapore: A code of conduct outlining best practices for “buy now, pay later” (BNPL) providers (the BNPL Code) was introduced on 20 October 2022 following seven (7) months of discussions among industry players, and will take effect on 1 November 2022.

In cases of PDPA breaches, Individuals can now claim for emotional distress against organisations

October 4, 2022

Singapore: Organisations are often concerned about their exposure to regulatory actions when a breach of personal data protection laws occurs. Besides regulatory actions, organisations may also find themselves exposed to civil suits brought by an affected individual. In the case of Reed v Bellingham [2022] SGCA 60, Singapore’s Court of Appeal clarified that an individual who has suffered emotional distress directly as a result of a contravention of the PDPA by an organisation may seek relief as against that organisation.

Light at the end of the tunnel – A case study of a successful restructuring

October 3, 2022

Singapore: In his opening remarks at the SICC INSOL seminar on debt restructuring in the Asia-Pacific held on 22 September 2022, Second Minister for Law Edwin Tong SC cited the court sanctioned schemes of arrangement of Singapore-listed Pacific Radiance group as an example of the Singapore insolvency framework facilitating successful outcomes. This article is a case study of a debt restructuring success story, and the long journey that we walked with our client.

Carbon Projects and ASEAN: Opportunities and Challenges

September 27, 2022

Singapore: Carbon markets are relatively new to the ASEAN region and therefore are currently facing regulatory and legal grey areas considering carbon credits are largely unregulated, and the existing agreements are bilateral between landowners/project developers and buyers of credits. Countries are therefore currently reviewing the legal status of carbon credits in order to determine how they will be regulated and how the excess credits might be traded.

New Measures to Improve Workplace Safety

September 20, 2022

Singapore: Amid a worrying spate of workplace fatalities across various industries, the Ministry of Manpower announced new measures to improve workplace safety, including the launch of a new code of practice that spells out the duties of Chief Executive Officers and company directors with respect to workplace safety and health. This article takes a look at the issues, workplace safety regulatory regime and new code of practice.

SGX Regco considers requiring Disclosure of Directors’ and CEO Remuneration and 9-Year Cap on ID Tenure

September 15, 2022

Singapore: Singapore Exchange Regulation (SGX RegCo) has stated that it intends to introduce changes relating to board renewal and remuneration matters, with the aim of raising corporate governance standards of companies listed on the Singapore Exchange (SGX).