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。

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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.

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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) 。

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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:

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Pitfalls to Avoid When Chinese Companies with Singapore Subsidiaries Seek an IPO

In 2020, there were 1,415 initial public offerings (IPOs) globally, which raised a total of USD $331.3 billion in proceeds for the companies involved. This represented a significant increase year-on-year in terms of both volume of transactions and proceeds raised. In contrast, there were only 1,040 IPOs globally in 2019, which raised a combined capital of USD $199.2 billion. The 2020 figures are even more remarkable considering that the COVID-19 pandemic had slowed IPO activity around the world dramatically in April and May 2020.

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SPAC Listings

Special purpose acquisition companies (SPACs, or “blank check” companies), which are shell companies set up with the sole purpose of raising funds through an initial public offering (IPO) to acquire an existing target company, have seen a dramatic rise in the past year. High levels of liquidity and persistently low interest rates, coupled with a growing appetite among investors for higher-yielding investment opportunities, have fuelled the rising interest in SPACs. According to resource website SpacInsider, which tracks these investment vehicles, 248 SPAC IPOs were completed in the last year alone, raising US$83 billion, compared with 216 from 2009 to 2019. This article discusses the features of SPACs, its benefits and risks, trends in Asia as well as the future for SPACs in Singapore.

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Effective Estate Planning

The thought of estate planning often brings to mind your will and your legacy. As you have spent your entire life on the acquisition, management and preservation of your wealth of assets for the benefit of your loved ones you leave behind, shouldn’t you pay as much attention to the prudent distribution of your assets upon your demise to ensure that your wishes are effective in bringing about the desired result and minimize the burden on your loved ones who inherit your assets? Of particular concern here is the legacy involving real estate property and joint bank accounts. The key to effective estate planning is knowing how the manner of holding such assets in the first place affects the right to transfer them upon death.

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有效的遗产规划

提到遗产规划,相信你会联想到遗嘱和遗产。在你用了一生的时间为了至亲至爱所积累,管理和保护你的财富的时候, 更应该确保过世后财产会被谨慎合理的分配,在达到所期望的分配结果的同时,减轻继承财产的负担。其中特别需要注意的是房地产和联名银行账户。有效遗产规划的关键是了解持有这些资产的方式将会如何影响过世后的转让权。

动产: 联权共有和生存者拥有原则

通常是你拥有的最大资产是不动产,许多已婚夫妇作为共同家庭购买的房屋,都是以夫妻共同持有的名义持有的。对于联权共有人,法律规定,当一位业主死亡时,财产自动归在世的联权共有人所有(生存者原则),并且不会根据死者的遗嘱作为遗产的一部分进行分配。即使你已经在遗嘱中将房产分配给指定继承人,在死者死亡的那一刻,这部分房屋所有权已经划归其他共同所有人,而非死者本人。如果你想在过世后把房产转移给指定受益人,你必须首先终止联权共有,使其脱离“生存者原则”的规则,一旦生效,联权共有将变为分权共有。并在死者死亡的那一刻,房产将按照死者遗嘱进行分配。

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The opinions expressed on this blog are those of the author and are not to be construed as legal advice.

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