NEWS
Since the Covid-19 pandemic has severely impacted business communities, Singapore International Mediation Center ( “SIMC” ) has launched the SIMC Covid-19 Protocol, which provides businesses with an expedited, economical and effective route to resolve any international commercial disputes during the Covid-19 pandemic period.
According to Hui Fa [2019] No.28, the State Administration of Foreign Exchange undertook the following facilitation measures
On April 1, 2020, the UK Supreme Court ruled that the famous superstore, Morrisons was not “vicariously liable” for the leak actions of Andrew Skelton, who intentionally disclosed staff information. Skelton was the internal audit staff at the Morrisons, and was in charge of sending the staff information, including payroll data, to external audit institutions.
The State Administration of Foreign Exchange issued “Provisions on Foreign Exchange Control for Cross-border Guarantees” (“the Provisions”) on June 1, 2014, provided that cross-border guarantees refers to a legally binding guarantee made in writing by the guarantor to the creditor.....
There is no official definition for ‘Chinese Government Industrial Guiding Fund’ (hereinafter as Guiding Fund). The Guiding Fund usually refers to the government makes investment in order to attract financial institutions and social capital to jointly set up a fund.....