The Business Times

Dawn Tan Ly-Ru and Tony Grundy

Singapore has not yet achieved its aspiration of becoming an international debt restructuring hub, said insolvency practitioners.

Singapore’s insolvency and restructuring regime, in the eyes of practitioners

Fair, efficient, perhaps effective – but not yet world-leading

A 2019 survey found that Singapore law was the second most widely adopted governing law in cross-border transactions in Asia after English law.

Making the case for Singapore law 

Further liberalisation of the legal sector will be necessary to take Singapore law to the next level.

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