The Singapore Exchange (SGX) expects issuers to manage global sanctions risk, not just the risk from Singapore-imposed sanctions. Sanctions risks need to managed on a group-wide basis, including subsidiaries and affiliates...more
The Singapore government has refused to renew the visa of the U.S.-born chief executive of a shipping company after the company was designated by the U.S. Treasury for breaching Russian sanctions. Separately, a Singapore...more
The sanctions were first announced in parliament on 28 February 2022, and the specifics were released on 5 March 2022....more