11 October 2019

Dharma Sadasivan

​What does “smart contract" really mean? In this article, I provide a brief (and very simplified) overview of what a contract is and how it’s formed. I also compare it to “electronic” contracts, discuss the difference between an “electronic” and “smart” contract, and examine how traditional contractual requirements translate – or not – to “smart” contracts.

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Post date. Edit this to change the date post was posted. Does not show up on published site. 11/10/2019

03 June 2019

Dharma Sadasivan

Among the many possibilities that blockchain technology presents, there are few as exciting, promising, and perhaps even fashionable, as the use of the blockchain to facilitate transfer of title to immovable property (real estate).

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Post date. Edit this to change the date post was posted. Does not show up on published site. 3/6/2019

25 March 2019

Foo Soon Yien

Cancellation of one’s Dependant’s Pass by an estranged spouse in the midst of ongoing divorce proceedings is one’s greatest worry. This article discusses the various ways you can go about reinstating your Dependant’s Pass and your rights in such circumstances.

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Post date. Edit this to change the date post was posted. Does not show up on published site. 25/3/2019

21 March 2019

Dharma Sadasivan

The Payment Services Act 2019 ("PSA") combines the 2006 Payment Systems (Oversight) Act ("PS(O)A") and the 1979 Money-Changing and Remittance Businesses Act ("MCRBA"), and aims to unify payment services regulation under a coherent and comprehensive regulatory framework.

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Post date. Edit this to change the date post was posted. Does not show up on published site. 21/3/2019

08 February 2019

Foo Soon Yien

The rule in Saunders v Vautier permits a beneficiary to terminate a trust if the beneficiary is of adult age, of sound mind and compels the trustees to transfer the legal estate to the beneficiary, thereby terminating the trust. This may be problematic as a testator may wish for the beneficiary’s share in his estate to be held on trust until a beneficiary attains an age, beyond majority. If the will is inadequately drafted, it may fail to achieve the testator’s true intention. 

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Post date. Edit this to change the date post was posted. Does not show up on published site. 8/2/2019

21 January 2019

Dharma Sadasivan

​As the legal industry becomes increasingly digitized, will-writing has emerged as a popular target for disruption. This centuries-old tradition of dictating how estate assets are to be distributed to beneficiaries through careful and bespoke drafting is now giving way to online automated document generation.

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Post date. Edit this to change the date post was posted. Does not show up on published site. 21/1/2019

19 December 2018

Dharma Sadasivan

*Updated 11 March 2019 

​Singapore's financial regulatory agency – the Monetary Authority of Singapore ("MAS") – released "A Guide to Digital Token Offerings" (the "Guide") on 30 November 2018.
 
The Guide is the primary piece of regulatory guidance by the MAS that focuses on the application of Singapore's existing financial regulatory framework to digital token issuance (in certain contexts, digital token issuances may be referred to as "initial coin offerings" or "ICOs").

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Post date. Edit this to change the date post was posted. Does not show up on published site. 19/12/2018