Graduate Certificate in Corporate & Financial Services Law

Course Overview

The Graduate Certificate in Corporate & Financial Services Law (GCCFSL) is aimed at graduates with a law degree, particularly in-house legal counsel and lawyers in local or international law firms who are seeking to upgrade their skills and knowledge in corporate law generally, or specifically in relation to the banking and finance sector.

This programme offers a wide selection of regular and intensive modules taught in Singapore by our own faculty members as well as visiting professors, who are top corporate and finance law practitioners and academics from around the world. It is conducted on a part-time basis and legal professionals have the flexibility to read a minimum of one 3-week intensive module or one regular 13-week module at 4, 5 or 8 modular credits (MC) per semester.

Candidates who have not read and passed a general module in Company Law at NUS or its equivalent in a common law jurisdiction are required to read Elements of Company Law (4 modular credits). Candidates who have read and passed a general module in Company Law at NUS or its equivalent in a common law jurisdiction may apply for exemption.


Admission Requirements

Candidates will be admitted based on the following admission requirements:

» A good Bachelor’s degree in Law or its equivalent (eg. Juris Doctor)
» Minimum TOEFL iBT 100 / TOEFL paper-based score of 600-603 / IELTS 7.0, if Law degree was not in English.


Duration & Graduation Criteria

Candidates must pass all modules and successfully obtain a total of 12 to 15 modular credits (MCs) (generally 3 modules) within a maximum period of 36 months of their candidature in order to be awarded the GCCFSL.


Modes of Instruction & Course Duration

A semester-long module is a 36-hour course taught once a week over the course of 13 weeks from August to November (Semester One) and from January to April (Semester Two).

An intensive module is a 27-hour course taught intensively over 3 weeks and scheduled as follows:

Day Time
Monday 6:30pm - 9:30pm
Wednesday 6:30pm - 9:30pm
Friday 2:30pm - 5:30pm

The following are the periods when intensive modules are conducted in the Faculty:
 
Semester Weeks Weeks
Semester One Week 1 to 3 (August) Week 4 to 6 (September)
Semester Two Week 1 to 3 (January) Week 4 to 6 (February)

The examination and assessment of student performances in the programme will be conducted through various assessment modes such as class participation, assignments, research papers, take-home examinations and final examinations as stated in each module description. Students are encouraged to review the examination and assessment details for each module before opting for it.


List of Modules

The following modules are offered in AY2021-22:

Semester One

Compulsory
Course Description The company is one of the most important institutions in our society. The purpose of this course is to introduce students to the main conceptual apparatus of company law and to analyse some of the policy issues raised in facilitating and regulating this pervasive commercial form. Topics include the following: corporate personality and limited liability; corporate organs, constitution and meetings; corporate capacity and contracting; corporate finance; corporate governance; shareholders' rights and remedies. The course uses Singapore's Companies Act (Cap 50) as a sample legislation. The course will focus on Singapore and will provide relevant comparisons on corporate law in China.
Course Convenor(s) Professor Hans Tjio
Modular Credits 4
Class Dates Tuesdays: 9.00am to 12.00pm
Course Duration 10 August to 9 November 2021
Modes of Assessment Class Participation - 20%;
3-hr Take Home Exam - 80% (subject to changes)
Preclusion(s) NIL
Prerequisite(s) NIL
Skills Future Funded Yes
SILE Public CPD Points Up to 36 points


Electives
Course Description Advanced Contract Law invites students to examine some interesting and controversial topics from this foundational subject. Some topics will build on what students already know in their first-year/basic contract law course (e.g. how does contract law deal with change of circumstances?), some will cover new ground (e.g. the role of good faith in contract law). You will be able to write a paper on a topic of particular interest to you. The course also complements the module Advanced Tort Law and Philosophical Foundations of Contract Law.
Course Convenor(s) Professor Mindy Chen-Wishart
Modular Credits 4
Class Dates Mondays (6.30pm to 9.30pm); Wednesdays (6.30pm to 9.30pm) & Fridays (2.30pm to 5.30pm)
Course Duration 11 August to 27 August 2021
*Make-up seminars for Monday, 9 August on Saturday, 14 August (1.00pm to 4.00pm)
Modes of Assessment Class Participation - 20%; Class Presentation - 20%; Research Paper (4000 words) - 60%
(subject to changes)
Preclusion(s) NIL
Prerequisite(s) (a) NUS Compulsory Core Law Curriculum or equivalent. 
(b) Students must have completed the basic common law Contract Law course in an LLB programme
Skills Future Funded Yes
SILE Public CPD Points Up to 27 points
Course Description To provide law students who intend to read commercial law electives with a foundation in accounting, finance and other related business concepts. It covers topics such as interpretation and analysis of standard financial statements, the types of players and instruments in the financial markets and the basic framework of a business investment market. The course will employ a hypothetical simulation where lawyers advise on several proposals involving the acquisition and disposal of assets by a client. The issues covered in the hypothetical will include asset valuation models, financing options and techniques, and compliance with accounting and regulatory frameworks.
Course Convenor(s) Associate Professor Phua Lye Huat, Stephen
Adjunct Associate Professor Leong Chan Foo, James
Modular Credits 5
Class Dates Mondays: 3.00pm to 6.00pm
Course Duration 9 August to 8 November 2021
Modes of Assessment Tutorial: 10%; Quiz 1: 15%; Quiz 2: 20%; Individual Test: 20%; Research Project: 35%
Preclusion(s) Not opened to students who have taken or are taking Financial Accounting
(1) FNA1002;
(2) FNA1002E;
(3) FNA1002X;
(4) ACC1002X; ACC1002X NOTE:The following students are not permitted to enrol in this module: those who have completed, or who intend in the current or a future semester to subscribe for, modules relating to finance or accounting offered in other universities or faculties in NUS (2) those who are graduates of, or are currently enrolled in other programmes leading to professional qualifications in, accountancy or finance.
Prerequisite(s) (a) NUS Compulsory Core Law Curriculum or equivalent.
(b) Company Law [LLB2008/LC2008] or its equivalent in a common law jurisdiction (may be taken concurrently).
Skills Future Funded Yes
SILE Public CPD Points Up to 36 points
Course Description This course explores how the securities and capital markets are structured and regulated in Asia, particularly in Mainland China and Hong Kong. The topics covered in this course include, amongst others, the regulatory framework for the capital markets, securities offering, stock exchange listing, market misconduct such as insider trading, Fintech issues such as crowdfunding, mobile payment and cryptoassets. Given the nature of the course, a comparative approach will be adopted to examining the topics covered.
Course Convenor(s) Visiting Professor Robin Hui Huang
Modular Credits 4
Class Dates Mondays (6.30pm to 9.30pm); Wednesdays (6.30pm to 9.30pm) & Fridays (2.30pm to 5.30pm)
*Make-up class for Mon 9 Aug will be held on Saturday, 14 August, Time: 2.30pm to 5.30pm
Course Duration 9 August to 27 August 2021
Modes of Assessment Essay - 90% & Class Participation 10%
Preclusion(s) LL4443/LL5443/LLJ5443/LL6443 Capital Markets Law in Mainland China and HKSAR
Prerequisite(s) NUS Compulsory Core Law Curriculum or equivalent
Skills Future Funded No
SILE Public CPD Points Up to 36 points
Course Description Commercial conflict of laws is a significant area of legal scholarship and practice. The chief aim of the course is to examine the foundational principles of commercial conflict of laws in Singapore. First, it identifies and assesses the set of rules based on which Singapore courts decide whether to entertain international commercial disputes. Second, the unit outlines the provisions based on which Singapore courts determine the law governing the parties’ cross-border disputes. Finally, the unit outlines the rules according to which courts in Singapore give effect to foreign judgments.
Course Convenor(s) Visiting Associate Professor Ardavan Arzandeh
Modular Credits 5
Class Dates  
Course Duration 12 August to 11 November 2021
Modes of Assessment Class participation (including Written Assignment) - 33% & Sit-down (proctored) Exam - 67%
Preclusion(s) Not open to anyone who has done:
LL4030V/LL5030V/LL6030V/LLJ5030V; LL4030 / LL5030 / LL6030 / LLJ5030V International Commercial Litigation;
LL4049V/LL5049V/LL6049V/LLJ5049V; LL4049/LL5049/LL6049/LL5049 Principles of Conflict of Laws;
LL4205V/LL5205V/LL6205V/ LLJ5205V; LL4205/LL5205/ LL6205/LLJ5205 Maritime Conflict of Laws;
LL4382V/LL5382V/LL6382V/LLJ5382V; LL4382/LL5382/ LL6382/LLJ5382 Private International Law
LL4454V/LL5454V/LL6454V/LLJ5454V Commercial Conflict of Laws at NUS Law, or a substantially similar course elsewhere
Prerequisite(s) (a) NUS Compulsory Core Law Curriculum or equivalent
(b) Contract Law and the Law of Torts
Skills Future Funded No
SILE Public CPD Points Up to 36 points
Course Description This course will examine systems of corporate governance from a comparative perspective. Corporate governance refers to the means by which corporations are directed and controlled. It focuses on the interests and relationships among shareholders, the board of directors, corporate management, and other stakeholders such as customers, employees, creditors, the environment and local communities.

This seminar should be taken by those interested in comparative corporate law, business management, and economic and political development.

In considering the allocation of responsibility among corporate actors, we will focus on the following: (i) internal corporate governance mechanisms, particularly the function and duties of the board of directors, (ii) external market pressures, including institutional investors and the market for corporate control, and (iii) the corporate purpose dilemma and the appropriate role and consideration of non-shareholder stakeholders. Our study will begin with an overview of the fundamental concepts and theories of corporate governance. We will then continue to discuss emerging issues in corporate governance and discuss how different jurisdictions are responding to these challenges.
Course Convenor(s) Visiting Professor Poonam Puri
Modular Credits 4
Class Dates Mondays (6.30pm to 9.30pm); Wednesdays (6.30pm to 9.30pm) & Fridays (2.30pm to 5.30pm)
*Make-up for Monday, 9 August on Saturday, 14 August, (1.00pm to 4.00pm)
Course Duration 9 August to 27 August 2021
Modes of Assessment Class Participation - 20% & Research Paper (5000 words, excluding footnotes) - 80%
Preclusion(s) TBC
Prerequisite(s) TBC
Skills Future Funded No
SILE Public CPD Points Up to 27 points
Course Description This course explores principles and rules relating to the exploration for, development and production of oil and gas (often described as "upstream oil and gas operations"). After an introduction to the geopolitics of oil and the history surrounding the oil and gas industry, the course commences with an examination of different arrangements governing the legal relationship between the petroleum producing states and international oil companies (IOCs). It then moves on to consider various commercial agreements governing the relationships between IOCs involved in upstream petroleum operations (such as joint operating and unitisation agreements) and the liability/risk allocation provisions commonly found in oilfield service contracts. It will conclude by examining key areas of regulatory law, notably the decommissioning of offshore installations. The course is international and comparative in its focus, drawing on the experience of many jurisdictions and legal systems at different points in time.
Course Convenor(s) Visiting Professor Djakhongir Saidov
Modular Credits 4
Class Dates Mondays (6.30pm to 9.30pm); Wednesdays (6.30pm to 9.30pm) & Fridays (2.30pm to 5.30pm)
*Make-up for Monday, 9 August on Saturday, 14 August, Time: 1.00pm to 4.00pm
Course Duration 9 August to 27 August 2021
Modes of Assessment 6-hr Take Home Exam - 100%
Preclusion(s) Nil
Prerequisite(s) NUS Compulsory Core Law Curriculum or equivalent.
Skills Future Funded No
SILE Public CPD Points Up to 27 points
Course Description This course aims to equip students with the basic understanding of the law of arbitration to enable them to advise and represent parties in the arbitral process confidence.  Legal concepts peculiar to arbitration viz. separability, arbitrability and kompetenze-kompetenze will considered together with the procedural laws on the conduct of the arbitral process, the making of and the enforcement of awards.  Students will examine the UNCITRAL Model Law and the New York Convention, 1958.  This course is most suited for students with some knowledge of the law of commercial transactions, shipping, banking, international sale of  goods or construction.
Course Convenor(s) Associate Professor Gary Bell
Modular Credits 5
Class Dates 10.00am - 2.00pm
Saturday, 7 August [10.00am to 12.00pm & 1.00pm to 3.00pm];
14 August; [9.00am to 1.30pm with 45mins lunch break]
21 August & 28 August [10.00am to 2.30pm with 45min lunch break]
Course Duration Weekly: Week 1 - 5, Tuesday
Saturday [7 August; 14 August & 21 August]
Modes of Assessment Two Short Written Assignment 10% each - 20%;
Class Participation - 10% &
3-Hr Take Home Exam - 70% [Release: Monday, 9 November 2020 (3.00pm); Due: Monday, 9 November 2020 (6.00pm)
Preclusion(s) Not open to LLM (IBL) students who will be reading this module in Semester 2 at ECUPL (Shanghai).
Prerequisite(s) NUS Compulsory Core Law Curriculum or equivalent.
Skills Future Funded Yes
SILE Public CPD Points Up to 36 points
Course Description This course focuses on the nature of risks to foreign investment and the elimination of those risks through legal means. As a prelude, it discusses the different economic theories on foreign investment, the formation of foreign investment contracts and the methods of eliminating potential risks through contractual provisions. It then examines the different types of interferences with foreign investment and looks at the nature of the treaty protection available against such interference. It concludes by examining the different methods of dispute settlement available in the area. The techniques of arbitration of investment disputes available are fully explored.
Course Convenor(s) Emeritus Professor M Sornarajah
Modular Credits 4
Class Dates Mondays (6.30pm to 9.30pm); Wednesdays (6.30pm to 9.30pm) & Fridays (2.30pm to 5.30pm) 
Course Duration 30 August to 17 September 2021
Modes of Assessment Class Participation - 10% & 6-hr Take Home Exam - 90% [Release: TBC); Due: TBC)]
Preclusion(s) LL4178/LL5178/LL6178/LL4178V/LL5178V/LL6178V International Legal Protection of Investment Flows; LL4032V/LL5032V/LL6032V International Investment Law;
International Investment Law and Arbitration [Module code: LW.12001];
International Investment [Module code: LW.12137] under the NYU@NUS Summer Session.
Prerequisite(s) NUS Compulsory Core Law Curriculum or equivalent.
Skills Future Funded Yes
SILE Public CPD Points Up to 27 points
Course Description This course is intended to introduce students to the practice and law relating to international projects and infrastructure. The various methods of procurement and the construction process involved will be reviewed in conjunction with standard forms that are used internationally - such as the FIDIC, JCT and NEC forms, among others. Familiar issues such as defects, time and cost overruns and the implications therefrom (and how these matters are dealt with in an international context) will also be covered. The course will provide students with an understanding of how international projects are procured, planned and administered as well as give an insight into how legal and commercial risks are identified, priced, managed and mitigated.

To give the course a practical perspective, the course instructors will also share their own experience of the issues encountered in major projects they have worked on across various jurisdictions, such as China, India, Indonesia, Vietnam, and the Middle East. At a time when competition for construction projects has become increasingly global, and when regional and international law firms are involved to a greater extent in advising on such projects, this course should prove to be both practical and timely.
Course Convenor(s) Adjunct Associate Professor Nandakumar Ponniya
Adjunct Associate Professor Edwin Lee Peng Khoon
Modular Credits 5
Class Dates Thursdays: 6.30pm to 9.30pm
Course Duration 12 August to 11 November 2021
Modes of Assessment Final Exam - 50%;
Assignment (5000 words) - 40%;
Class Participation - 10%
Preclusion(s) Nil
Prerequisite(s) NUS Compulsory Core Law Curriculum or equivalent.
Skills Future Funded Yes
SILE Public CPD Points Up to 36 points
Course Description Japanese corporate law and governance are in a period of large transition since the beginning of the 21st Century, after experiencing rapid growth of 1960-70s and economic downturn of 1990s. This course provides an in-depth analysis of Japanese corporate law and governance, focusing on how the characteristics of Japanese corporate governance system that have once supported Japan's economic growth (e.g., insider-dominated board, lifetime employment system, cross-shareholdings, main bank) are now facing challenges and changes. Other important topics, such as shareholder litigation or minority shareholder protection in M&A, will be also covered. As analytical framework, this course takes a comparative and functional approach, focusing on difference between Japan, the United States of America (especially Delaware), and Singapore.
Course Convenor(s) Visiting Prof Gen Goto
Modular Credits 4
Class Dates Mondays (6.30pm to 9.30pm); Wednesdays (6.30pm to 9.30pm) & Fridays (2.30pm to 5.30pm) *Make-up seminar for Friday, 17 September will be held on Saturday, 18 September (SGT 1.00pm to 4.00pm)]
Course Duration 30 August to 17 September 2021
Modes of Assessment Class Participation - 20%; 6-Hr Take Home Exam - 80% [Release: Friday, 22 October 2021 (3.00pm); Due: Friday, 22 October 2021 (9.00pm)]
Preclusion(s) Nil
Prerequisite(s) NUS Compulsory Core Law Curriculum or equivalent.
Skills Future Funded Yes
SILE Public CPD Points 27
Course Description This course provides a detailed examination of the principles of agency law. Broadly speaking, agency involves one person acting for another. Agents may be of many different kinds spanning different settings and industries. Shop assistants, solicitors, auctioneers, estate agents, are common examples of agents. This course covers both ‘internal’ and ‘external’ dimensions of agency. Topics covered include definitions of agency, how agency relationships are created, different types of authority, agency’s application outside contract, and the rights and duties between principal and agent.
Course Convenor(s) Assistant Professor Leow Pei Si, Rachel
Modular Credits 5
Class Dates Tuesday: 12.00pm to 3.00pm
Course Duration 12 August to 11 November 2021
Modes of Assessment Class Participation - 25% & Final Exam - 75%
Preclusion(s) LL4323/LL5323/LL6323/LLJ5323V Law of Agency
Prerequisite(s) NUS Compulsory Core Law Curriculum or equivalent.
Skills Future Funded No
SILE Public CPD Points Up to 36 points
Course Description This course deals with the principles and doctrines underpinning the formation and validity of insurance policies. It seeks to help students appreciate concepts of risk management, the protection of commercial businesses assets and the protection of individual lives against unforeseen contingencies and losses that may arise. Topics include the nature of general insurance contracts, formation of insurance contracts, peculiar insurance doctrines such as non disclosure, warranties and subrogation, claims procedure, doctrine of indemnity and measuring your losses, and third party rights. The techniques of successfully claiming under the policy and resisting the insurer's wrongful denial of claims will be covered.
Course Convenor(s) Associate Professor Yeo Hwee Ying
Modular Credits 8
Class Dates Mondays: 3.00pm to 6.00pm
Course Duration 9 August to 8 November 2021
Modes of Assessment Assignment & Class Participation - 40%;
Final Exam - 60%
Preclusion(s) Nil
Prerequisite(s) NUS Compulsory Core Law Curriculum or equivalent
In particular, must have completed the equivalent of NUS Contract Law (common law jurisdiction)
Skills Future Funded Yes
SILE Public CPD Points Up to 72 points
Course Description Corporate groups are pervasive in modern, international commerce. Frequently they are structured in order to avoid or minimise liability for wrongdoing and to protect group assets. In other cases, risky physical processes are contracted out to network participants. This course examines the structures and practices of corporate groups and networks, the problems of externalisation of liability, and legal mechanisms for extending liability among participant entities. Extended liability regimes considered span statute law and common law. Consideration is given also to several important suggestions for development of the law in this area.
Course Convenor(s) Professor Christian Witting
Modular Credits 5
Class Dates Thursdays : 9.00am to 12.00nn
Course Duration 12 August to 11 November 2021
Modes of Assessment Class Participation - 20%;
Research Paper - 80% (6000 words, excld footnotes)
(subject to changes)
Preclusion(s) Nil
Prerequisite(s) (a) NUS Compulsory Core Law Curriculum or equivalent
(b) LC1004 Law of Torts
Skills Future Funded Yes
SILE Public CPD Points Up to 36 points
Course Description This module examines the evolving regime for the regulation and protection of multinational enterprises (MNEs) in international law. Although MNEs remain creations of domestic law, the cross-border activities of MNEs increasingly come within the scope of instruments creating obligations and/or rights in international law. In assessing the challenges faced by states and MNEs alike with respect to such transnational regulation, the module takes a rounded and interdisciplinary view of the issues involved, addressing both the commercial and social dimensions of MNE action. In addition to considering the regulatory powers of individual states, developments under international instruments on human rights, labour conditions, finance, taxation and investment are addressed.
Course Convenor(s) Research Fellow Jansen Calamita
Modular Credits 5
Class Dates Thursdays : 12.00pm to 3.00pm
Course Duration 12 August to 11 November 2021
Modes of Assessment Class Participation - 10%; Written Assignment - 25% & 6-hr Take Home Exam - 65%
Preclusion(s) TBC
Prerequisite(s) TBC
Skills Future Funded No
SILE Public CPD Points Up to 36 points
Course Description With the internationalization of commercial and personal relationships and the increase of cross-border disputes in Singapore’s courts, a working knowledge of private international law, or the conflict of laws, has become essential for legal practice in Singapore. This course offers students a comprehensive overview of the foundations of private international law, with a particular focus on Singapore law. It covers private international law’s three main pillars - jurisdiction, choice of law and foreign judgments - and also touches on broader methodological issues, and questions of sovereignty, comity, and public policy, which undergird and define the boundaries of the field.
Course Convenor(s) Professor Lee Tye Beng, Joel
Mr Teo Wei Ren Marcus
Modular Credits 5
Class Dates Wednesdays: 9.00am to 12.00pm
Course Duration 11 August to 10 November 2021
Modes of Assessment Assignment - Essay or Hypothetical - 30% & Final Exam {Closed-Book} - 70%
Preclusion(s) Not open to anyone who has done:
LL4030V/LL5030V/LL6030V/LLJ5030V; LL4030/LL5030/LL6030 International Commercial Litigation; LL4049V/LL5049V/LL6049V/LLJ5049V; LL4049/LL5049/LL6049 Principles of Conflict of Laws; LL4205V/LL5205V/LL6205V/LLJ5205V; LL4205/LL5205/LL6205 Maritime Conflict of Laws
LL4454V/LL5454V/LL6454V/LLJ5454V; LL4454/LL5454/LL6454/LLJ5454 Commercial Conflict of Law at NUS Law, or a substantially similar course elsewhere.
Prerequisite(s) NUS Compulsory Core Law Curriculum or equivalent
Skills Future Funded Yes
SILE Public CPD Points Up to 27 points
Course Description This advanced course facilitates an in-depth understanding of the structure, goals, and nature of private law remedies. An emphasis is placed on the role of remedies within the broader structure of private law, and the question of what, if anything, remedies tell us about the substantive law.
Course Convenor(s) Mr Liau Han Ming, Timothy
Modular Credits 5
Class Dates Thursdays: 12.00pm to 3.00pm
Course Duration 12 August to 11 November 2021
Modes of Assessment Class Participation: (with 15% class presentation component) - 30% & Research Paper - 70%
Preclusion(s) Nil
Prerequisite(s) NUS Compulsory Core Law Curriculum or equivalent
Skills Future Funded No
SILE Public CPD Points Up to 36 points
Course Description This foundation course seeks to acquaint participants with a basic working knowledge of the most common income tax and GST tax issues faced by companies and individuals. As the primary focus of the course is the applicable tax laws that apply to transactions, participants are not expected to make tax computations. The course will be conducted in a practice-oriented approach. To enhance the learning outcomes, a hypothetical company undergoing the typical stages of setting up, raising of capital, recruitment of employees, executing the business plan will be used to illustrate the context in which tax issues arises.

As the tax treatment of each receipt and expense will be considered at each stage, the discourse would entertain the extent to which tax avoidance is acceptable when a taxpayer chooses a commercial option that maximizes deductions, capital allowances and losses with a view to reduce the tax burden. In particular, the course will address the methods of achieving taxation-efficient remuneration packages, reduced tax burdens in raising capital via debt or equity and the use of other common methods of reducing the incidence of tax on returns from investments. Tax planning opportunities arising from the differences in tax treatment of sole proprietors, partnerships and companies will also be highlighted. On policy issues, concepts including economics of taxation, international trends and tax reform will be covered.
Course Convenor(s) Associate Professor Phua Lye Huat, Stephen
Mr Kenneth Wang
Modular Credits 5
Class Dates Thursdays : 6.30pm to 9.30pm
Course Duration 12 August to 11 November 2021
Modes of Assessment Class Participation/MCQ - 30% & Research Paper or a combination of mini research papers (totalling 5000 words) - 70%
Preclusion(s) Nil
Prerequisite(s) (a) NUS Compulsory Core Law Curriculum or equivalent
(b) Company Law (LC2008) or its equivalent in a developed common law jurisdiction
Skills Future Funded Yes
SILE Public CPD Points Up to 36 points
Course Description This course will be useful for those who want to practise corporate or tax law.
Topics covered:
- the Singapore corporate tax, GST and stamp duty implications of (a) related party transactions; (b) restructurings and; (c) M&As
- structuring techniques to increase tax efficiency in each of these situations
- selected US corporate tax and Australian GST rules (since the tax consequences of a foreign country will have to be analysed)
- how structuring strategies may be challenged with rules/proposed rules addressing treaty shopping, debt-equity and entity classification hybridity, and arbitrage opportunities involving the GST treatment of cross-border transactions.
Course Convenor(s) Mr Justin Jerzy Tan
Modular Credits 5
Class Dates Mondays: 9.00am to 12pm
Course Duration 12 August to 11 November 2021
Modes of Assessment Group Assignment (at least 2000 words, take home) - 25%;
Final Exam (2hrs, sit-down open book, question type: MCQ, True/False and short-answer) - 75%
Preclusion(s) LL4035/LL5035/LL6035/LC5035/LC5035A/LC5035B/;
LL4035V/LL5035V/LL6035V Taxation Issues in Cross-Border Transactions;
LL4342/LL5342/LL6342 Taxation of Cross-Border Commercial Transactions
Prerequisite(s) NUS Compulsory Core Law Curriculum or equivalent
Skills Future Funded Yes
SILE Public CPD Points Up to 36 points
Course Description The legal framework for international trade consists of four interlocking sets of contractual relationship: the underlying sale contract whereby goods or services are sold internationally; a contract for the international carriage of goods by land, sea or air; insurance policies covering loss of, or damage to, the goods; and the international banking contracts between the sale parties and banks financing the transaction. This module focuses on the financing aspect of international trade, although a key theme of the course is that this aspect cannot be seen in isolation from the other sale, carriage and insurance aspects of trade operations. This module will examine the various mechanisms that are used to effect payment pursuant to the terms of the sale contract and that are used to incentivise performance of that agreement. This module will focus in particular on the documentary letter of credit as the principal means of financing international sales, although other financing techniques will also be considered.
Course Convenor(s) Professor Paul Myburgh
Modular Credits 5
Class Dates Mondays: 3.00pm to 6.00pm
Course Duration 9 August to 8 November 2021
Modes of Assessment LLM/GDMLA/LLB Class Participation – 10%; Research Paper (2500 words) - 20% [Topic/s will be released in Week 3 or 4; due date to be advised (Week 9) & 6-hr Take Home Exam - 70% [Release: Monday, 16 November 2020 (9.00am); Due: Monday, 16 November 2020 (3.00pm)]
Preclusion(s) LL4322/LL5322/LL6322/LLD5322 Trade Finance Law
Prerequisite(s) NUS Compulsory Core Law Curriculum or equivalent
Skills Future Funded No
SILE Public CPD Points Up to 36 points
Course Description The phenomenon of globalization over the last 50 years has been fuelled not just by technological innovation but also legal innovation. However, in 2016, the vote for Brexit in the UK and the election of Mr Donald Trump as the US President, has challenged the movement towards economic integration. Indeed, one of President Trump's first Executive Orders was to cancel the Trans Pacific Partnership Agreement (TPP) that the previous Obama Administration had worked on for 5 years. It is thus, even more important than ever before to understand and appreciate the existing rules so as to promote the rule of law in what may be an increasingly protectionist environment.

The General Agreement on Tariffs and Trade (GATT) and its successor institution, the World Trade Organization (WTO) have attempted to create a system where the rules for the trade in goods and services are clearer and fairer. The legal innovations found in the GATT and subsequent WTO Agreements have also influenced Free Trade Agreements (FTAs) like the TPP and even International Investment Agreements (IIAs).

Fundamental to the WTO disciplines is the principle of non-discrimination. The problem often is, however, what constitutes discrimination, whether such discrimination can be justified and whether non-economic factors such as health and the environment or other public policy considerations can modify the rules. This tension in World Trade Law is a theme in both the disciplines for trade in goods and services as well as the agreements on standards like the TBT and SPS as well as even the trade remedies rules such as Safeguards, Subsidies and Anti-Dumping. 
Course Convenor(s) Associate Professor Michael Ewing-Chow
Modular Credits 8
Class Dates Tuesdays & Thursdays : 3.00pm to 6.00pm
Course Duration 10 August to 9 November 2021
Modes of Assessment Class Participation - 10%; 
Written Assignment - 10% & 
6-Hr Take Home Exam: 80%
Preclusion(s) Not opened to student who have taken or are taking
(1) World Trade Law (4MC) [LL4060/LL5060/LL6060];
(2) World Trade Law I [LL4199A/LL5199A/LL6199A];
(3) World Trade Law II [LL4199B/LL5199B/LL6199B].
Prerequisite(s) NUS Compulsory Core Law Curriculum or equivalent.
Skills Future Funded Yes
SILE Public CPD Points Up to 72 points


* Non SSG Funded Module – full module fee of S$5,778 is applicable for Singapore Citizens & Permanent Residents


Module Fees

Students will be required to pay SGD5,778.00 (inclusive of 7% GST) per 4 MC or 5MC module and will be billed before the start of each semester.

Categories Fee Per Module
Non-citizen SGD 5,778.00
Singapore Citizens & Permanent Residents SGD 1,733.40
Singapore Citizens aged 40 & above SGD 653.40
Enhanced Training Support for SMEs SGD 653.40

A 8 MC module cost twice the fee of a 4-MC or 5-MC module.
 
The total programme fee for 3 modules (assuming student passes all 3 modules and obtains the required modular credits for graduation) is between SGD17,334.00 to SGD1,960.20 (inclusive of 7% GST), depending on the funding eligibility of applicant and selected modules.
 
A Student Services Fee of SGD25.23 (inclusive of 7% GST) is also applicable each semester.
 
Once enrolled in the programme, students will be billed for the module(s) and the student services fees. Payment is due before the start of each Semester.


Funding Support

The subsidized fees listed for Singapore Citizens & Permanent Residents are supported by SkillsFuture Funding.
 
Do note that not all modules are eligible for SSG funding. Applicants are strongly advised to check the module fee prior to selecting their modules in the Online Application Portal.

The GCCFSL Programme is also eligible for SkillsFuture Credit Claim.

 

Application

The following are the two application periods for the respective semesters:

Intake Period Application Period
AY2020/21 Semester One (commencing Aug/Sep) 28 April to 31 May 2021
AY2020/21 Semester Two (commencing Jan/Feb) 1 to 31 October 2021

This online application will take you approximately 15 mins to complete. Before you start, you should have details of your academic qualifications and employment and the PDF version of the following required documents at hand:

» A personal statement on why you wish to enroll in this programme, the nature of your work and such other information that you would like us to consider (not more than 1 page)
» Curriculum Vitae
» Scanned copy of NRIC/FIN/Passport(foreigner)
» Scanned copy of your LLB Degree Certificate
» Scanned copies of your LLB Transcripts
» Any other supporting documents (e.g. TOEFL/IELTS results), if applicable

Any omission of supporting documents or information required in the Online Application Form will render the application void. All supporting documents, if not in English, must be accompanied by copies of the English translated version.

You will need to register for an account in the NUS Online Application Portal after selecting “Executive / Graduate Certificate (GC) Programmes”.


Click HERE to apply.



Application Deadline

31 May 2021, Monday


Frequently Asked Questions

Click HERE to view the FAQs relating to this programme.


Programme Flyer

Click HERE to download programme flyer.


SILE-CPD Points

Participants who wish to obtain CPD Points are reminded that they must comply strictly with the Attendance Policy set out in the CPD Guidelines. For participants attending the face-to-face activity, this includes signing in on arrival and signing out at the conclusion of the activity in the manner required by the organiser, and not being absent from the each day of a module for more than 15 minutes. For those participating via the webinar, this includes logging in at the start of the webinar and logging out at the conclusion of the webinar in the manner required by the organiser, and not being away from each day of a module for more than 15 minutes. Participants who do not comply with the Attendance Policy will not be able to obtain CPD Points for that day of the module.

Please refer to http://www.sileCPDcentre.sg for more information.

Public CPD Points : Up to 72 points for 8 Modular Credits (Semester Course)
Up to 36 points for 5 Modular Credits (Semester Course)
Up to 27 points for 4 Modular Credits (Intensive Course)
Practice Area Code : Banking and Finance
Training Level: : Intermediate



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