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A Buy Now, Pay Later Code of Conduct (BNPL Code) has been adopted in Singapore to protect consumers and address the financial regulator’s recommendation for industry self-regulation.

Buy Now, Pay Later Code of Conduct Adopted in Singapore

Date
Oct 24, 2022
Author
OrionW
A Buy Now, Pay Later Code of Conduct (BNPL Code) has been adopted in Singapore to protect consumers and address the financial regulator’s recommendation for industry self-regulation.
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In a landmark decision, the Singapore Court of Appeal clarified whether emotional distress and loss of control of personal data constitute actionable losses that would support a private action under section 32 (now section 48O) of the PDPA.

Landmark Case on Loss as Grounds for PDPA Private Action

Date
Sep 15, 2022
Author
OrionW
In a landmark decision, the Singapore Court of Appeal clarified whether emotional distress and loss of control of personal data constitute actionable losses that would support a private action under section 32 (now section 48O) of the PDPA.
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New legislation introduced in Singapore's Parliament would now regulate virtual asset service providers (VASPs) that are based in Singapore but provide offshore services.

Singapore Proposes to Regulate Singapore-Based Providers of Offshore Virtual Asset Services

Date
Feb 17, 2022
Author
OrionW
New legislation introduced in Singapore's Parliament would now regulate virtual asset service providers (VASPs) that are based in Singapore but provide offshore services.
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MAS issued guidelines banning the promotion of digital payment tokens (DPTs) to the general public in Singapore.

MAS Issues Guidelines on Providing and Promoting Digital Payment Token Services in Singapore

Date
Jan 19, 2022
Author
OrionW
MAS issued guidelines banning the promotion of digital payment tokens (DPTs) to the general public in Singapore.
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The Monetary Authority of Singapore (MAS) offers a regulatory sandbox (the Sandbox) to encourage financial services providers to adopt innovative financial technology.

Applying to Join Singapore’s FinTech Regulatory Sandbox

Date
Nov 11, 2021
Author
OrionW
The Monetary Authority of Singapore (MAS) offers a regulatory sandbox (the Sandbox) to encourage financial services providers to adopt innovative financial technology.
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The Apostille Convention simplifies the process by which official documents in one member country can be recognised for legal purposes in another member country.

Singapore Joins Apostille Convention

Date
Sep 20, 2021
Author
OrionW
The Apostille Convention simplifies the process by which official documents in one member country can be recognised for legal purposes in another member country.
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