2024年12月3日，美国德克萨斯东区联邦地区法院发布了一项初步禁令，为《公司透明度法案》（“CTA”）的执行按下了“暂停键”， 这一动态即刻引发在美企业的高度关注。该裁定暂时阻止了企业向美国金融犯罪执法网络（“FinCEN”）提交受益所有权信息(BOI)的要求，并将原定于2025年1月1日的合规期限搁置。
Continue reading “全美初步叫停《公司透明法》，这对申报企业有何影响?”全美初步叫停《公司透明法》，这对申报企业有何影响?
Duane Morris & Selvam Advises on the Sale of Rs. 12,000 million (US$143 million) Equity Shares in Sansera Engineering Limited in a QIP
SINGAPORE, 5 November 2024 — Duane Morris & Selvam LLP acted as the U.S. counsel to ICICI Securities and Nomura Financial Advisory & Securities (India) in their role as the book running lead managers on the recent sale of approximately Rs. 12,000 million (US$143 million) of shares in Sansera Engineering Limited in a qualified institutions placement (QIP), including concurrent private placements outside India.
Continue reading “Duane Morris & Selvam Advises on the Sale of Rs. 12,000 million (US$143 million) Equity Shares in Sansera Engineering Limited in a QIP”Redefining Boundaries: MAS Consults on New Regulatory Framework for Digital Token Service Providers under the FSMA
By Leon Yee and Sally Kim
On 4 October 2024, the Monetary Authority of Singapore (“MAS”) has published a consultation paper detailing the regulatory framework for Digital Token Service Providers (“DTSPs”) under the Financial Services and Markets Act 2022 (“FSM Act”). This framework addresses the licensing, anti-money laundering, countering the financing of terrorism (“AML/CFT”) requirements, and technological risk management for DTSPs, particularly those based in Singapore but offering services abroad.[1] To effect the objectives of Part 9 of the FSM Act, the MAS intends to prescribe or issue the following instruments: (a) the Financial Services and Markets Regulations (“FSM Regulations”); (b) AML/CFT notices under the FSMA; (c) other notices under the FSMA; and (d) guidelines.
Continue reading “Redefining Boundaries: MAS Consults on New Regulatory Framework for Digital Token Service Providers under the FSMA”美国《公司透明度法案》报告提交日迫近，美国/外国企业需做这些准备！
按照2024年1月1日生效的美国《公司透明度法案》（“CTA”）的要求，所有在美国注册成立和/或注册开展业务的美国和外国企业（包括某些信托公司）需向美国财政部下属的金融犯罪执法网络（“FinCEN”）提交报告，披露其拥有所有权或控制权的受益所有人的身份信息。CTA旨在防止罪犯、恐怖分子和腐败寡头在美国藏匿非法资金或其他财产。如果企业符合CTA中所列出的23项豁免条件之一，可免于申报。
美国财政部发布限制某些美国对华投资的行政令的拟议规则
2024年6月21日，美国财政部发布了一份拟议规则的通知，以执行2023年8月9日发布的第14105号行政令（EO 14105）。美国欲借助该行政令来防止一些受关注国家利用美国的对外投资来发展对军事、情报、监视或网络能力至关重要的敏感技术或产品。
该拟议规则将对美国在有关国家（包括中国）涉及半导体和微电子、量子信息技术或人工智能的某些投资施加通知要求，在某些情况下还将施加禁止要求。
剖析美对华新关税：中国商品出口对墨西哥及美国的影响
智利矿业部启动私人锂项目的信息请求程序；智利锂矿：摘要和后续步骤
智利矿业部启动锂项目的信息请求（RFI）程序：第907号豁免决议详细说明程序和例外情况
2024年4月15日，智利矿业部根据智利政府先前制定的“国家锂战略”发布了第907号豁免决议（“决议”），批准了由矿业部领导的信息请求（“RFI”）程序的启动，以了解市场和行业对开发从盐湖或其他未被排除的矿床中勘探、开采和生产锂及其衍生品项目的意向。这些信息将有助于智利政府制定机制，以确定与之签订特殊锂业务合同 (“CEOL”) 的私人承包商，以及为此目的而优先考虑的盐滩或其他锂矿床。
Navigating Representations and Warranties in Share Purchase Agreements
By Leon Yee and Sally Kim
When buying or selling a company or part of its shares, the intricacies of representations and warranties within a Sale and Purchase Agreement (“SPA”) play a pivotal role. Representations and warranties serve as assurances provided by the seller to the buyer regarding the condition, status, and other relevant aspects of the target company. These provisions not only influence the negotiations but also significantly impact post-closing responsibilities and liabilities. Understanding the nuances of representations and warranties in SPA is crucial for both parties involved in the transaction. In this article, we explore the nuances of representations and warranties in an SPA, including drafting considerations, breach remedies, and indemnification provisions. Continue reading “Navigating Representations and Warranties in Share Purchase Agreements”
Duane Morris & Selvam Welcomes Intellectual Property Director Li Zheng in the Shanghai Office
Shanghai, 13 May 2024 ― Dr. Li Zheng has joined Duane Morris & Selvam LLP as a Director in the firm’s Intellectual Property Practice Group at its Shanghai office. Prior to joining the firm, he was with King & Wood Mallesons, one of China’s top tier law firms.
Claimants Banding Together: Is There Always Strength in Numbers?
By Leonard Loh
Key Takeaway: While there are obvious advantages for potential claimants to band together, there are issues which must be fully considered in order for all potential claimants to make a considered decision. Independent legal advice is recommended, prudent and necessary before committing to a group litigation.
Potential claimants are now, more often and more effectively, harnessing the power of messaging apps, internet forums and social media to seek out others who have suffered similar plights under the hands of the same defendant(s), to organise themselves and to launch actions. However, it is important to ask: is there always strength in numbers?
Continue reading “Claimants Banding Together: Is There Always Strength in Numbers?”