Regulating Directors' Duties with Civil Penalties: Taking a Leaf from Australia's Book

This article examines whether the use of the criminal penalty as a 'default' sanction for regulating directors' core duties in Singapore is excessive, and if so, whether civil pecuniary penalties ought to be introduced in the reform of the existing sanctions regime. These questions ar...

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Bibliographic Details
Main Author: LEE, Pey Woan
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2006
Subjects:
Online Access:https://ink.library.smu.edu.sg/sol_research/774
https://ink.library.smu.edu.sg/context/sol_research/article/1773/viewcontent/PeyWoanLee_RegulatingDirectors_2006.pdf
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Institution: Singapore Management University
Language: English
Description
Summary:This article examines whether the use of the criminal penalty as a 'default' sanction for regulating directors' core duties in Singapore is excessive, and if so, whether civil pecuniary penalties ought to be introduced in the reform of the existing sanctions regime. These questions are addressed principally by reference to the Australian experience.