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The United Kingdom and Singapore announced a landmark financial services partnership (the "Financial Partnership") on 30 June 2021, at the 6th UK-Singapore Financial Dialogue.

Singapore and UK to Strengthen Financial Services Partnership

Date
Jul 2, 2021
Author
OrionW
The United Kingdom and Singapore announced a landmark financial services partnership (the "Financial Partnership") on 30 June 2021, at the 6th UK-Singapore Financial Dialogue.
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The Monetary Authority of Singapore (MAS) published a Consultation Paper on 2 July 2021 seeking feedback on proposed revisions to enhance its investigative and other related powers to strengthen enforcement of MAS-administered laws.

MAS Proposes to Enhance its Investigative and Other Powers

Date
Jul 2, 2021
Author
OrionW
The Monetary Authority of Singapore (MAS) published a Consultation Paper on 2 July 2021 seeking feedback on proposed revisions to enhance its investigative and other related powers to strengthen enforcement of MAS-administered laws.
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The Monetary Authority of Singapore issued a circular advising financial institutions of the technology and cyber security risks associated with public cloud services.

MAS Issues Circular on Technology and Cyber Security Risks of Public Cloud Services

Date
Jul 1, 2021
Author
OrionW
The Monetary Authority of Singapore issued a circular advising financial institutions of the technology and cyber security risks associated with public cloud services.
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The Personal Data Protection Commission (“PDPC”) published the revised Guides on Managing and Notifying Data Breaches and Active Enforcement on 15 March 2021.

PDPC Releases Revised Guides on Managing Data Breaches and Active Enforcement

Date
Mar 19, 2021
Author
OrionW
The Personal Data Protection Commission (“PDPC”) published the revised Guides on Managing and Notifying Data Breaches and Active Enforcement on 15 March 2021.
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Updated advisory guidelines clarify key considerations for organisations relying on the expanded forms of deemed consent or exceptions to the consent obligation when collecting, using or disclosing personal data.

Guidelines for Expanded Forms of Deemed Consent and Exceptions to the Consent Obligation

Date
Feb 3, 2021
Author
OrionW
Updated advisory guidelines clarify key considerations for organisations relying on the expanded forms of deemed consent or exceptions to the consent obligation when collecting, using or disclosing personal data.
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The Monetary Authority of Singapore has revised the Technology Risk Management Guidelines (Guidelines) to address emerging technology and cyber risks in a landscape of growing use of cloud technologies...

MAS Revises the Technology Risk Management Guidelines

Date
Jan 25, 2021
Author
OrionW
The Monetary Authority of Singapore has revised the Technology Risk Management Guidelines (Guidelines) to address emerging technology and cyber risks in a landscape of growing use of cloud technologies...
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