Singapore | Directors Randolph Khoo, Chia Voon Jiet, and Mahesh Rai have collaborated to author the Singapore chapter of Lexology Panoramic: Sanctions 2024

Directors Randolph Khoo, Chia Voon Jiet, and Mahesh Rai have collaborated to author the Singapore chapter of Lexology Panoramic: Sanctions 2024.

Lexology Panoramic is a comprehensive guide, formerly known as Getting the Deal Through, that gives an overview of how laws and regulations vary across jurisdictions in various current areas of legal interest. The Guide facilitates a side-by-side comparison of local insights from leading practitioners globally into economic, financial and trade sanctions, encompassing national and international regimes.

The chapter authored by our directors focuses on recent developments and trends pertaining to economic, financial and trade sanctions in Singapore. The chapter examines: 

(a) The types of sanctions imposed and restrictions that apply under the economic, financial and trade sanctions regimes in Singapore

(b) Sector-specific regulations and guidelines that apply to specific businesses governing the types of systems and controls that ought to be implemented to ensure compliance with local sanctions laws

(c) Insights into the recent emphasis on global cooperation and coordination concerning international sanctions from the Singapore perspective

(d) Other issues relating to sanctions in Singapore, such as reporting violations, potential penalties for violation of international sanctions, recent enforcement actions and more.

You may read the chapter here.

Reproduced with permission from Law Business Research Ltd. This article was first published in Lexology Panoramic: Sanctions 2024. For further information, please visit:  https://www.lexology.com/panoramic