As the COVID-19 situation continues to develop in Singapore, the laws and regulations governing businesses and their activities are constantly being updated to address business continuity and conduct issues. Businesses will need to stay abreast of these updates, and be mindful of ancillary issues that may arise from new measures being put in place. This is a series of updates aimed at providing a snapshot of issues that businesses should actively consider in the current climate.
30 April 2020 - Use of electronic signatures
In this article, we will discuss the use of electronic signatures in Singapore in light of the COVID-19 situation. Disruption to businesses is inevitable due to the safe distancing measures implemented by the Multi-Ministry Task Force ("Circuit Breaker Measures") which, inter alia, require the closure of all non-residential premises, save for operations at the permitted premises of an "essential service provider". This means that the execution of documents by way of traditional "wet-ink" signatures would most likely become inexpedient and complicated, resulting in a paradigm shift in the way businesses obtain signatures. Hence, the use of electronic signatures has become a very real solution for businesses in today's context.
Click here to read more.
20 April 2020 - Data protection issues
In this article, we will discuss data protection issues arising from the COVID-19 situation and provide insight to the measures organisations may implement to ensure compliance with the Personal Data Protection Act 2012 (No. 26 of 2012) ("PDPA") during this period of heightened risk.
Click here to read more.
16 April 2020 - Further update on AGMs in Singapore
This is an update to the previous article published on 9 April 2020. Since then, further guidance in respect of the alternative arrangements for the conduct of AGMs have been released by the Ministry of Law, the Accounting and Corporate Regulatory Authority, Monetary Authority of Singapore and the Singapore Exchange Regulation.
Click here to read more.
9 April 2020 - Update on AGMs in Singapore
This article is the first in a series of updates aimed at providing a snapshot of issues that businesses should actively consider in the current climate. In this article, we will discuss the implications of the COVID-19 pandemic on the holding of annual general meetings (“AGMs”) by Singapore companies.
Click here to read more.