The Criminal Code (Amendment) Law 143(I)/2026, enacted on 30 October 2026, introduces amendments to Section 305A of the Criminal Code, Cap. 154, which governs the issuance of cheques without sufficient funds. The amendments primarily concern the electronic processing of dishonoured cheques, the recording of reasons for non-payment and the recognition of electronic banking records as...Read More
The bankruptcy of an individual connected with a trust raises an important question: to what extent can creditors seek recourse against assets held under the trust arrangement? While trusts are commonly associated with succession planning, wealth preservation and asset protection, their existence does not necessarily determine the treatment of the underlying property in insolvency proceedings....Read More