TaylorRoot_In-House Market Update & Salary Survey 2017

After a sluggish first half, activity could increase significantly during the remainder of 2017.

In a landmark decision handed down by the Singapore High Court, an independent director’s
conviction for market misconduct was overturned. As a result of this case, company directors
are no longer in the dark about their disclosure obligations and duties under the Securities and
Futures Act. Melissa Russell and Victoria Macgregor of Clyde & Co LLP Singapore (with assistance
from Clasis LLC) shed light on the requisite thresholds that need to be crossed in order
to impute liability upon independent directors.