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The Monetary Authority of Singapore has responded to comments on a consultation paper proposing the creation of a platform for financial institutions to share AML/CFT information.

MAS Responds to Feedback on a Proposed FI-FI AML/CFT Information Sharing Platform

Date
May 5, 2023
Author
OrionW
The Monetary Authority of Singapore has responded to comments on a consultation paper proposing the creation of a platform for financial institutions to share AML/CFT information.
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The US FCC has adopted new spectrum sharing rules for operators of non-geostationary satellite orbit, fixed satellite service systems. The new rules are intended to promote competition and provide certainty for operators.

US FCC Adopts Updated Rules for NGSO FSS Spectrum Sharing

Date
May 2, 2023
Author
OrionW
The US FCC has adopted new spectrum sharing rules for operators of non-geostationary satellite orbit, fixed satellite service systems. The new rules are intended to promote competition and provide certainty for operators.
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On 6 April 2023, MAS updated its Guidelines on Licensing, Registration and Conduct of Business for Fund Management Companies, expanding on fit and proper, competency, compliance, and risk management for fund management companies.

MAS Updates Fund Management Company Guidelines

Date
Apr 18, 2023
Author
OrionW
On 6 April 2023, MAS updated its Guidelines on Licensing, Registration and Conduct of Business for Fund Management Companies, expanding on fit and proper, competency, compliance, and risk management for fund management companies.
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Singapore announces upcoming measures in 2023 to tackle online crimes, harmful content on app stores and online games and the security of virtualised systems and AI systems.

Singapore Announces Upcoming Measures to Enhance Online Safety

Date
Apr 18, 2023
Author
OrionW
Singapore announces upcoming measures in 2023 to tackle online crimes, harmful content on app stores and online games and the security of virtualised systems and AI systems.
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Singapore will progressively require all employment pass holders to score at least 40 points under COMPASS, a new points-based system for evaluating applications and renewals.

Overview of COMPASS—the Complementarity Assessment Framework for Employment Pass Applications

Date
Apr 7, 2023
Author
OrionW
Singapore will progressively require all employment pass holders to score at least 40 points under COMPASS, a new points-based system for evaluating applications and renewals.
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The UK Government has issued a white paper proposing a framework for regulating artificial intelligence that emphasises a pro-innovation, proportionate, adaptable and largely decentralised approach.

UK Government Issues White Paper on Regulating AI

Date
Apr 5, 2023
Author
OrionW
The UK Government has issued a white paper proposing a framework for regulating artificial intelligence that emphasises a pro-innovation, proportionate, adaptable and largely decentralised approach.
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OrionW is a boutique law firm specialising in Singapore and cross-border corporate, commercial and regulatory matters, with a focus on technology, media and telecommunications (TMT) and financial technology (FinTech). We are dedicated to providing excellent legal service to clients at the leading edge of their markets.
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OrionW LLC (UEN 201505714C) is a Singapore law practice incorporated with limited liability.