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In its first decision on the matter, the Personal Data Protection Commission explains when and how organisations may validly rely on the Legitimate Interests Exception to collect personal data without consent.

PDPC Decision: Reliance on Legitimate Interests Exception to Consent Requirement

Date
Jan 25, 2023
Author
OrionW
In its first decision on the matter, the Personal Data Protection Commission explains when and how organisations may validly rely on the Legitimate Interests Exception to collect personal data without consent.
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From 1 June 2023, virtual asset service providers (VASPs) in Hong Kong and overseas VASPs that actively market their virtual asset services in HK will be subject to licence and other regulatory requirements under HK’s amended AML law.

New Hong Kong Licensing Regime for Virtual Asset Service Providers

Date
Dec 19, 2022
Author
OrionW
From 1 June 2023, virtual asset service providers (VASPs) in Hong Kong and overseas VASPs that actively market their virtual asset services in HK will be subject to licence and other regulatory requirements under HK’s amended AML law.
Read more
Owners of registered geographical indications and registered designs in Singapore are now able to enlist Singapore Customs to assist in preventing the import and export of infringing goods.

Intellectual Property Border Enforcement Measures Come into Operation in Singapore

Date
Nov 25, 2022
Author
OrionW
Owners of registered geographical indications and registered designs in Singapore are now able to enlist Singapore Customs to assist in preventing the import and export of infringing goods.
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The MAS has proposed regulatory measures to protect retail customers from harms related to cryptocurrency speculation and risks from the technology and business practices of digital payment token service providers.

MAS Consults on Regulatory Measures for DPT Services

Date
Oct 31, 2022
Author
OrionW
The MAS has proposed regulatory measures to protect retail customers from harms related to cryptocurrency speculation and risks from the technology and business practices of digital payment token service providers.
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MAS proposes a regulatory approach for single-currency pegged stablecoins under the Payment Services Act that involves a new stablecoin issuance service.

MAS Proposes an Approach to Regulating Stablecoins and Related Activities

Date
Oct 28, 2022
Author
OrionW
MAS proposes a regulatory approach for single-currency pegged stablecoins under the Payment Services Act that involves a new stablecoin issuance service.
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MAS proposes to increase the current caps on the daily balances and annual outflows of money in e-wallets under the Payment Services Act, and to exempt issuers of ‘white label’ e-wallets from the aggregation requirement.

MAS Consults on Restrictions on Personal Payment Accounts That Contain E-money

Date
Oct 24, 2022
Author
OrionW
MAS proposes to increase the current caps on the daily balances and annual outflows of money in e-wallets under the Payment Services Act, and to exempt issuers of ‘white label’ e-wallets from the aggregation requirement.
Read more

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