1291 Group’s Post

Considering a career move to Singapore? Here's why entrusting professionals to handle your foreign work pass application is the smart choice: 1. Expertise Matters: Navigating Singapore's intricate work pass regulations can be daunting. Our experienced team knows the ins and outs, ensuring a smooth and hassle-free application process. 2. Save Time & Effort: Don't get bogged down by paperwork and bureaucracy. With our help, you can focus on what truly matters – preparing for your exciting new role in Singapore. 3. Compliance Assurance: Stay on the right side of the law with our thorough understanding of Singapore's immigration requirements. We'll ensure that your application meets all necessary criteria for approval. 4. Peace of Mind: Leave the stress of visa applications behind. With our professional assistance, you can rest assured that your journey to Singapore will be seamless and stress-free. Ready to make your mark in the Lion City? Let us handle the details while you embark on your Singaporean adventure! 🦁💼 #SingaporeWorkPass #ProfessionalAssistance #GlobalCareer #EmploymentAgency" https://lnkd.in/gAbGZtwW

🚀 Learning About Reseller Agreements for Singapore-Based Clients 🇸🇬 I recently had the opportunity to work on an assignment from Law Sikho, where I gained valuable insights into drafting and reviewing reseller agreements for clients based in Singapore. Reseller agreements are critical for businesses that wish to resell products or services to customers while ensuring the protection of both parties involved. Here are some key takeaways from my experience: 1. Clear Definition of Roles: The agreement must specify the roles of the reseller and the supplier, including their responsibilities, territories, and target markets. 2. Intellectual Property Protection: It's crucial to protect the intellectual property rights of both parties, especially when dealing with branded products or proprietary technology. 3. Payment Terms & Pricing: Clearly outlining pricing structures, payment terms, and commission rates ensures transparency and helps avoid future disputes. 4. Termination & Renewal Clauses: Having a well-defined termination process and renewal terms is essential for maintaining a smooth business relationship. 5. Compliance with Local Laws: Understanding the regulatory landscape in Singapore, including consumer protection laws and data privacy regulations, is vital to ensure the agreement complies with local legislation. This assignment has truly enhanced my understanding of international commercial contracts and how tailored agreements can facilitate successful business partnerships. Looking forward to more learning and sharing! 💼✨ #ResellerAgreement #LegalInsights #Singapore #LawSikho #CommercialContracts #BusinessLaw #InternationalTrade #ramanuj #komal #Zebaibrahim #RajnandiniChoudhary #AmrutaKulkarni #lawsikho

Real Estate & Money Laundering: A $400B Global Crisis 🏢 Alarming fact: Real estate accounts for over 30% of criminal assets confiscated worldwide, making it the preferred sector for money laundering. Our latest analysis reveals why property markets are increasingly vulnerable to PEP-related risks. 🔍 Key Risk Indicators: Luxury Properties: High-end real estate above $5M shows 5x higher risk of money laundering activity. Recent cases reveal properties in London, Dubai, and NYC being purchased at 40-50% above market value to layer illicit funds. Complex Ownership Structures: Over 70% of investigated cases involve layered offshore entities. We're seeing a rise in sophisticated networks using 3-4 jurisdictions to obscure beneficial ownership. Regional Hotspots: Data shows emerging markets with rapidly growing real estate sectors face 3x higher risks due to limited regulatory frameworks. Cities like Bangkok, Jakarta, and Manila require enhanced due diligence. 📌 Compliance Action Steps: Implement automated beneficial ownership screening Establish clear source-of-funds verification protocols Document property valuation methodology Set up transaction monitoring for suspicious patterns Maintain detailed records of all due diligence performed 💡 Ready to strengthen your real estate compliance program? #RealEstateAML #PEPMonitoring #ComplianceMatters #AMLCompliance #RiskManagement #RealEstateCompliance

Success is not an accident, but a planned event. If you're exploring career opportunities, connect with us for more information. #Trust #Fiduciary #ComplianceOfficer #Wealth #FiduciaryIndustry #RegulatoryCompliance #ComplianceReview #ClientAccounts #SanctionScreening #WorkIndependently #HongKong #2024hiring #2024jobs #CareerOpportunities #AmethystPartners

I can still see the issue of lapping persisting in dealership operations, banking, and various sectors in Indonesia. This challenge isn't limited to a single dealership but is a widespread practice in business. When making payments for cars or services, it's crucial to ensure the payment goes to the company's bank account, not the sales representative's. In some rural areas, close relationships between customers and sales representatives lead to payments being made to the salesperson's account, risking misuse of funds. This practice, coupled with the high turnover of sales representatives, poses financial risks to customers. Both management and customers need to be cautious. Educating customers, providing information, and implementing regular checks & SOP are essential steps to mitigate these risks. Have you ever encountered this issue?

📢 𝗖𝗮𝘀𝗲 𝗦𝘂𝗺𝗺𝗮𝗿𝘆: 𝗭𝗮𝗵𝗿𝘂𝗹’𝗔𝗶𝗱𝗶 𝗯𝗶𝗻 𝗦𝗮𝗳𝗶𝗲 𝘃𝘀. 𝗢𝗯𝗮𝗿𝗮 (𝗠𝗮𝗹𝗮𝘆𝘀𝗶𝗮) 𝗦𝗱𝗻. 𝗕𝗵𝗱 𝗖𝗮𝘀𝗲 𝗢𝘃𝗲𝗿𝘃𝗶𝗲𝘄 𝗖𝗼𝘂𝗿𝘁: Industrial Court of Malaysia, Kuala Lumpur 𝗖𝗵𝗮𝗶𝗿𝗺𝗮𝗻: Syed Noh Bin Said Nazir @ Syed Nadzri 𝗖𝗹𝗮𝗶𝗺𝗮𝗻𝘁: Zahrul’Aidi bin Safie 𝗥𝗲𝘀𝗽𝗼𝗻𝗱𝗲𝗻𝘁: Obara (Malaysia) Sdn. Bhd. 𝗜𝘀𝘀𝘂𝗲: Alleged constructive dismissal due to reassignment and insubordination 𝗞𝗲𝘆 𝗗𝗮𝘁𝗲𝘀 𝗗𝗮𝘁𝗲 𝗼𝗳 𝗥𝗲𝗳𝗲𝗿𝗲𝗻𝗰𝗲: 06.12.2021 𝗗𝗮𝘁𝗲𝘀 𝗼𝗳 𝗠𝗲𝗻𝘁𝗶𝗼𝗻: 11.01.2022, 24.05.2023, 20.09.2023, 08.10.2024 𝗗𝗮𝘁𝗲𝘀 𝗼𝗳 𝗛𝗲𝗮𝗿𝗶𝗻𝗴: 02.05.2023, 06.06.2023, 12.01.2024, 29.07.2024 𝗖𝗹𝗮𝗶𝗺𝗮𝗻𝘁'𝘀 𝗔𝗹𝗹𝗲𝗴𝗮𝘁𝗶𝗼𝗻𝘀 • 𝗘𝗺𝗽𝗹𝗼𝘆𝗺𝗲𝗻𝘁: Started on 01.10.2013 as Customer Service. • 𝗗𝗶𝘀𝗺𝗶𝘀𝘀𝗮𝗹: Claimed constructive dismissal on 24.12.2020 due to reassignment to the Head Office and alleged insubordination. • 𝗗𝗲𝗳𝗲𝗻𝘀𝗲: Argued that the reassignment was necessary due to business needs and the impact of the Covid-19 pandemic. 𝗥𝗲𝘀𝗽𝗼𝗻𝗱𝗲𝗻𝘁'𝘀 𝗗𝗲𝗳𝗲𝗻𝘀𝗲 • 𝗥𝗲𝗮𝘀𝘀𝗶𝗴𝗻𝗺𝗲𝗻𝘁: Claimed that the reassignment was part of a restructuring process due to reduced sales in Melaka and was done in good faith. • 𝗜𝗻𝘀𝘂𝗯𝗼𝗿𝗱𝗶𝗻𝗮𝘁𝗶𝗼𝗻: Asserted that the Claimant's refusal to accept the reassignment and his disrespectful behavior justified the dismissal. 𝗖𝗼𝘂𝗿𝘁'𝘀 𝗙𝗶𝗻𝗱𝗶𝗻𝗴𝘀 • 𝗥𝗲𝗮𝘀𝘀𝗶𝗴𝗻𝗺𝗲𝗻𝘁: The court found that the reassignment was within the company's rights and was necessary due to business needs. • 𝗕𝗲𝗻𝗲𝗳𝗶𝘁𝘀: The court found that the additional benefits provided during the initial relocation to Melaka were temporary and not contractually guaranteed. • 𝗜𝗻𝘀𝘂𝗯𝗼𝗿𝗱𝗶𝗻𝗮𝘁𝗶𝗼𝗻: The court found that the Claimant's refusal to accept the reassignment and his behavior constituted insubordination. 𝗗𝗲𝗰𝗶𝘀𝗶𝗼𝗻 𝗢𝘂𝘁𝗰𝗼𝗺𝗲: The court ruled that the Claimant was not constructively dismissed and that the dismissal was with just cause and excuse. 𝗞𝗲𝘆 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀: 1. Employer's Right to Reassign: Employers have the right to reassign employees based on business needs, provided it is done in good faith. 2. Temporary Benefits: Additional benefits provided during relocations are not necessarily permanent unless contractually guaranteed. 3. Insubordination: Refusal to comply with reasonable reassignment orders and disrespectful behavior can justify dismissal. 𝗤𝘂𝗼𝘁𝗲 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗥𝘂𝗹𝗶𝗻𝗴: "The Company had not committed a fundamental breach of the Claimant’s Employment Contract, and the dismissal was justified due to insubordination." #EmploymentLaw #WorkplaceFairness #IndustrialCourt #EmployeeRights #HRCompliance #PerformanceManagement #LegalUpdate #MalaysiaLaw #WorkplaceJustice

Hey guys! We have grown 20%! Then comes the #management question: Why? #Marketing will say "It's because we've developed a great brand." #Sales says "Well we are phenomenal at distribution!" #Finance will say "Because we're ensuring capital adequacy." And #Legal says "We're not so sure, we'll give you an opinion in 2 weeks." Any report you can draw from various departments will only demonstrate their version of the truth. But finding the truth is about reaching the single conclusion to every question. Before heading to August, have you taken a half year break yet to lay back, recharge, reflect and find the conclusive truth to what makes every part of you focused and disciplined to achieving goals? #Tanzania

Knowledge Sharing: We need to design a structure communication or propaganda to combat money laundering, fraud and financial scams activities. Harold Lasswell developed his communication model during the time of World War II, primarily to analyze media propaganda and its effects on public opinion. As a political scientist, Lasswell was deeply interested in understanding how messages were disseminated through various channels to influence the masses. Lasswell’s model of communication is based on five key components: 1) Communicator, 2) Message, 3) Medium, 4) Receiver, and 5) Effect. These elements represent the basic questions of who, what, through which channel, to whom, and with what effect Sir Nazri Kuala Lumpur #malaysia #awareness #awareness#dakwah #sirnazri #education #knowledgesharing #knowledgesharing #aml #followthemoney #dakwah #dakwahislam #propaganda #media #communication #Amla