Tag: Reed Smith in Asia
Singapore publishes new financial guidelines to address business continuity
On 6 June 2022, following two rounds of consultations, the Monetary Authority of Singapore (MAS) published revised Guidelines on Business Continuity Management (BCM), updating the existing patchwork of primary and subsidiary legislation. This iteration of the guidelines (2022 Guidelines) introduces a slew of changes which are expected to […]
Singapore Court of Appeal overturns High Court decision to set aside an award for excess of jurisdiction
Under Singapore law, the scope for judicial intervention in arbitration proceedings is narrowly circumscribed. In the recent case of CJA v CIZ [2022] SGCA 41, the Singapore Court of Appeal examined the principles to be considered when determining whether a tribunal has exceeded its jurisdiction. In […]