by Willie Tan | Sep 19, 2025 | Glossary
In Singapore’s business world, negotiations often move faster than formal contracts. Parties want to outline terms, signal commitment, and begin due diligence—without yet drafting a full agreement. This is where a Letter of Intent (LOI) comes in. An LOI is a...
by Willie Tan | Sep 19, 2025 | Running Your Company
To combat money laundering and ensure transparency, Singapore requires companies and limited liability partnerships (LLPs) to identify and maintain records of their ultimate beneficial owners. These individuals or entities, often called controllers, exercise...
by Willie Tan | Sep 18, 2025 | Glossary
In Singapore, many business owners hire foreign talent, admit foreign students into training programs, or deal with non-citizen customers. One identifier appears repeatedly across these interactions: the Foreign Identification Number (FIN). The FIN is not just an...
by Willie Tan | Sep 18, 2025 | Glossary
In Singapore’s tightly regulated financial hub, trust is currency. Regulators, customers, and investors expect leaders of financial institutions—and increasingly other regulated businesses—to meet high standards of conduct. This is encapsulated in the concept of the...
by Willie Tan | Sep 18, 2025 | Glossary
FinTech—short for financial technology—refers to digital tools and platforms that reshape how individuals and businesses pay, borrow, save, insure, and invest. For Singapore’s business community, FinTech is not just a buzzword. It is a strategic enabler that can...
