Lending and Taking Security in Singapore: Overview | Practical Law

Lending and Taking Security in Singapore: Overview | Practical Law

A Q&A guide to lending and taking security in Singapore. The Q&A gives a high-level overview of the lending market, forms of security over assets, special purpose vehicles in secured lending, quasi-security, guarantees, and loan agreements. It covers creation and registration requirements for security interests; problem assets over which security is difficult to grant; risk areas for lenders; structuring the priority of debt; debt trading and transfer mechanisms; agent and trust concepts; enforcement of security interests and borrower insolvency; cross-border issues on loans; taxes; and proposals for reform.

Lending and Taking Security in Singapore: Overview

Practical Law Country Q&A 8-636-4293 (Approx. 21 pages)

Lending and Taking Security in Singapore: Overview

by Kok Chee Wai, Mark Hudspeth and Aloysius Ng, Allen & Gledhill LLP
Law stated as at 01 Apr 2023Singapore
A Q&A guide to lending and taking security in Singapore. The Q&A gives a high-level overview of the lending market, forms of security over assets, special purpose vehicles in secured lending, quasi-security, guarantees, and loan agreements. It covers creation and registration requirements for security interests; problem assets over which security is difficult to grant; risk areas for lenders; structuring the priority of debt; debt trading and transfer mechanisms; agent and trust concepts; enforcement of security interests and borrower insolvency; cross-border issues on loans; taxes; and proposals for reform.