A Significant Step for Enforcement of Money Judgments in Commercial Cases between Singapore and ChinaOn 31 August 2018, the Supreme Court of Singapore and the Supreme People's Court of the People's Republic of China ("PRC") signed a Memorandum of Guidance ("MOG") on the recognition and enforcement of money judgments in commercial cases. The MOG sets out how a judgment issued by the courts of Singapore may be recognised and enforced in the courts of the PRC and vice-versa.
Please note that whilst the information in this Update is correct to the best of our knowledge and belief at the time of writing, it is only
intended to provide a general guide to the subject matter and should not be treated as a substitute for specific professional advice.