2022 was a volatile and challenging year for the crypto market, which faced yet another massive industry downturn. Dubbed a “crypto winter”, this was reminiscent of the last major Bitcoin sell-off in 2018. Continue reading “Singapore Payment Regulation Update”
解读新加坡更新版全球投资者计划（GIP）
新加坡的全球投资者计划（以下简称“GIP”）是由新加坡经济发展局（以下简称“EDB”）推出的一项永久居留权计划，旨在鼓励高净值个人和企业家在新加坡进行投资。该计划为有愿意投资大量资金的合格申请人提供了获得新加坡永久居留权的快速路径。
在EDB最近的一份公告中，该计划将在今年3月发生一些变化。此次调整是为了更好地筛选并吸引有能力为新加坡带来重大经济影响的投资者，同时使他们在新加坡扎根。希望高净值外国投资能更积极地参与到新加坡的经济活动中，共同推动当地的经济增长。
New and Enhanced Global Investor Programme in Singapore
The Global Investor Programme (“GIP”) is a permanent residency scheme that was launched by the Economic Development Board (“EDB”) in Singapore to encourage high-net-worth individuals and entrepreneurs to invest in the country. The scheme provides a fast track to permanent residency for eligible applicants who are willing to invest a significant amount of money.
Continue reading “New and Enhanced Global Investor Programme in Singapore”
SGX RegCo Updates – Enhancements to Disclosures on Directors’ Remuneration and Cap on Independent Directors’ Tenure
On 11 January 2023, the Singapore Exchange Regulation (“SGX RegCo”) announced the requirement to disclose remuneration details of directors and chief executive officers (“CEOs”) and the imposition of a limit on the tenure of independent directors (“IDs”).
了解新加坡NFT消费者保护
非同质化代币（NFT）是区块链上的加密代币，其可以证明数字资产的所有权和真实性，也可以被看作是有所有权证的数字数据。NFT是不可替代的，因为没有相同的两个NFT，每个NFT都有唯一的识别号和元数据。
作为买卖数字艺术品的一种模式，NFT正变得越来越流行，其允许艺术家将其真实的数字艺术品货币化，否则这些数字艺术品很容易被复制。至关重要的是，NFT可以与数字艺术品和实物艺术品一起证明出处。此外，某些NFT可能涉及卖方向买方提供通行证，该通行证允许NFT持有人获得独家商品或服务，包括活动、订阅、内容或限量版产品。 Continue reading “了解新加坡NFT消费者保护”
Understanding Consumer Protections for NFTs in Singapore
Non-fungible tokens (NFTs) are cryptographic tokens on a blockchain that can prove the ownership and authenticity of a digital asset, which can also be considered as digital data with a certificate of ownership. NFTs are non-fungible because no two NFTs are the same and each has a unique identification code and metadata.
NFTs are becoming increasingly popular as a mode to buy and sell digital artworks, permitting artists to monetise their authentic digital artwork, which could otherwise easily be copied. Crucially, NFTs can be used with both digital and physical artwork for establishing provenance. In addition, certain NFTs may involve the seller providing the buyer with an access pass, which allows NFT holders access to exclusive goods or services, including events, subscriptions, content, or limited-edition products.
Continue reading “Understanding Consumer Protections for NFTs in Singapore”
区块链技术和NFT在新加坡的发展和规范
自2008年第一个数字货币比特币诞生以来，区块链技术在各个领域的应用都有了长足的发展。新加坡作为亚洲金融中心之一，也吸引了众多软件技术人员和投资者从事区块链技术相关的金融行业，包括NFT （非同质化代币）。NFT 市场既可以是Axie Infinity这种可以赚取数字资产的游戏平台，也可以是NBA TopShot 这种收藏品交易平台，还可以是Decentraland 和Earth 2这种可以进行数字财产买卖的元宇宙平台。
An Overview on Development and Regulations of Blockchain Technology and NFTs in Singapore
Since the birth of the first digital currency, Bitcoin, in 2008, blockchain technology has developed significantly in various fields. As one of the financial hubs of Asia, Singapore has also attracted a wide range of software professionals and investors in the financial services industry involving blockchain technologies and nonfungible tokens (NFT). NFT marketplaces can be either gaming platforms for earning digital assets like Axie Infinity, collectibles trading platforms like NBA TopShot or metaverse platforms like Decentraland and Earth 2 where virtual properties can be bought and sold.
一些常见错误的避免 – 当拥有新加坡子公司的中国企业寻求IPO时。
2020年当中，全球有1415次首次公开募股（”IPO“），为相关公司筹集了3313亿美元的资金 。这在年同比交易量和筹集的收益方面，显示了大幅增长。相较2019年全球也只有1040宗IPO，总共筹集了1992亿美元的资金。考虑到新冠疫情使世界各地的IPO活动在2020年4月和5月急剧放缓，2020年的数据就显得更加突出了。
当下的亚太地区（APAC）是个非常值得关注的地区。2020年全球范围启动的IPO数量中，多过一半（约占全球IPO总数的52% ）是在亚太地区的交易所进行的。尤其是亚太地区的主要热点中国（不包括台湾和香港）, 仅中国单单就进行了365宗IPO，总共筹集了640亿美金。上海证券交易所（”上交所“）和深圳证券交易所（”深交所“）在2020年分别有234和161宗IPO 。这表示中国的上市量比2019年的202宗IPO大幅增加了81%。2021年前三个月的IPO增长看似完全没有消减的迹象，多达143家中国公司完成IPO，总共筹集高达236亿美元资金 。2021年9月3日，北京证券交易所（“北交所”）成立，旨在服务创新型中小企业。根据其2021年市场统计数据，2021年共有82家公司上市，融资金额为75.22亿人民币（约合11.81亿美金） 。
MAS amends Sections 13O & 13U Application Guidelines for Family Offices in Singapore
MAS Amends Sections 13O and 13U Application Guidelines for Family Offices in Singapore
The Monetary Authority of Singapore (MAS) has amended its requirements for family offices[1] applying for tax incentive schemes pursuant to Sections 13O and 13U of the Income Tax Act 1947 (the Act). The following amended policies apply to all first preliminary submissions received by MAS on or after 18 April 2022 for these schemes, and MAS may require applications that have received no communication from MAS for a span of at least six months to be resubmitted under the amended guidelines. The following applications are not subject to the amended policies: