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The Singapore Academy of Law

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The Singapore Academy of Law (SAL) is a statutory body established by the Singapore Academy of Law Act 1988 of which every advocate and solicitor, every judge and every legal officer of the Government is a member. It performs functions that in Switzerland are divided among the bar associations, the law faculties and commercial publishers. It publishes the Singapore Law Reports and operates LawNet, the subscription database of judgments and legislation. It runs the Law Reform Committee, which produces reports that have often preceded legislation. It houses the Singapore Mediation Centre and the Asian Business Law Institute (ABLI), founded in 2016 to promote convergence of commercial law in Asia. It also administers the examinations and the registration of foreign lawyers for the purposes described in Chapter I.1

SAL's work on digital assets has been substantial. In November 2022 ABLI and SAL published "Cryptoassets and Property Law (Singapore edition)" as the first part of a Cryptoasset Series. The eighty-eight-page report asks whether crypto assets are property under Singapore law, surveys the case law to that date and identifies gaps in the judicial and statutory treatment. An updated edition incorporating the ByBit decision and the final report of the Law Commission of England and Wales appeared after the cut-off date of this book. SAL has also published a knowledge guide on digital-asset management for practitioners.23 Part J, Chapter I draws on the 2022 report in analysing the property question.

The Swiss reader should understand SAL as the institution through which Singapore's legal profession thinks collectively about new problems. Where a Swiss practitioner looks to the doctrine in the commentaries and to the Federal Office of Justice's reports, a Singapore practitioner looks to SAL's Law Reform Committee and ABLI reports and to the judgments that cite them. A foreign lawyer who wants to contribute to the development of Singapore law on digital assets does so through SAL's committees and conferences.

Notes

  1. Singapore Academy of Law Act 1988 (2020 Rev Ed), s. 3 (establishment) and s. 4 (functions); the Asian Business Law Institute was established by SAL in January 2016. ↩
  2. Asian Business Law Institute and Singapore Academy of Law, "ABLI-SAL Cryptoasset Series – Cryptoassets and Property Law (Singapore edition)", first published November 2022, 88 pages; the updated edition is described on the ABLI website as published in October 2026 and incorporating the ByBit decision of July 2023 and the Law Commission's final report. ↩
  3. Singapore Academy of Law, "Digital Assets Management Knowledge Guide", published on the SAL website in 2025. ↩

For general information only. This article does not constitute legal or tax advice, does not replace advice on an individual case and creates no lawyer-client relationship. It reflects the legal position as of October 2026.

Setting up or expanding in Singapore?

SingaporeIQ is edited by Dr Alexander Ressos, an international business lawyer with more than 15 years of local experience in Singapore as a permanent resident, a Singapore registered foreign lawyer and managing partner of a Singapore foreign law practice. In addition to significant experience in cross-border investments and transactions, UHNWI private client work and sanctions/export controls, Dr Ressos has extensive experience in cross-border business and in crypto and digital-asset projects in Singapore, drawn from more than 700 projects since 2017.

If you are planning a company incorporation, an investment, a holding structure or a market entry through Singapore, you can reach Dr Ressos directly at [email protected]. Singapore law advice is provided by KGP Legal LLC, a licensed firm of Singapore advocates and solicitors. As a Singapore law practice, KGP Legal LLC is authorised under the Legal Profession Act 1966 to advise on Singapore law and to represent clients before the Singapore courts; foreign law practices with an office in Singapore are, as a rule, not permitted to do either. Dr Ressos and his team facilitate the full range of Singapore legal, compliance and company administration services, including company incorporation, corporate transactions, commercial contracts, crypto and digital assets, financial regulatory work and dispute resolution, including litigation in the Singapore courts. For legal, tax and fiduciary services in Switzerland, see helveticaregister.com.