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Singapore court rules that cryptocurrency debts are liabilities under the Insolvency, Restructuring and Dissolution Act 2018.
FinTech
Payment Services

SG High Court: Cryptocurrency Debts are Liabilities Under the Insolvency Law

Date
Nov 13, 2023
Author
OrionW
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The Significant Investments Review Bill was recently introduced in Parliament, seeking to impose notification and/or approval requirements for certain changes in ownership and appointments of key officers.
Commercial
Commercial Transactions
Corporate
FinTech
Regulatory & Compliance

Singapore Introduces Significant Investments Review Bill to Regulate Investments and Appointments in Designated Critical Businesses

Date
Nov 10, 2023
Author
OrionW
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MAS and IMDA propose for certain financial institutions and telcos to share responsibility in losses arising from digital phishing scams with a Singapore link.
FinTech
Payment Services
Regulatory & Compliance
Telecommunications
TMT

MAS, IMDA Propose Shared Responsibility for Scam Losses

Date
Oct 30, 2023
Author
OrionW
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MAS proposes improvements to the E-Payments User Protection Guidelines to improve anti-scam controls and emphasise consumer vigilance and responsibility.
FinTech
Payment Services
Regulatory & Compliance

MAS Proposes Improvements to E-Payments User Protection Guidelines

Date
Oct 27, 2023
Author
OrionW
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Singapore and the United States dialogue on areas of cooperation in civil space.
International Updates
Technology
TMT

Singapore-U.S. Dialogue on Civil Space Cooperation

Date
Oct 13, 2023
Author
OrionW
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MAS has unveiled its finalised regulatory approach for certain single-currency pegged stablecoins under the Payment Services Act, including a new stablecoin issuance service and a new regulated stablecoin class.
FinTech
Payment Services
Regulatory & Compliance

MAS Unveils Finalised Stablecoin Regulatory Framework

Date
Aug 21, 2023
Author
OrionW
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August 2023 decisions of the Personal Data Protection Commission highlight the importance of Do Not Call Registry checks before sending marketing messages and robust security measures and timely remedial processes to protect personal data.
Data Protection & Cybersecurity
Regulatory & Compliance

Overview of PDPC’s August 2023 Decisions

Date
Aug 18, 2023
Author
OrionW
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Parliament passed the Oaths, Declarations and Notarisations (Remote Methods) Bill which permits statutory declarations, oaths and affirmations, and notarisations to be conducted through electronic means.
Commercial
Regulatory & Compliance
Technology

Electronic Statutory Declarations, Oaths and Notarisations To Be Permitted

Date
Aug 8, 2023
Author
OrionW
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The MAS has issued a consultation paper on proposed changes to the single family office (SFO) regulatory framework. The new requirements aim to simplify licence exemptions for SFOs and address money laundering concerns.
Regulatory & Compliance

MAS Consults on New Single Family Office Regulatory Framework

Date
Aug 2, 2023
Author
OrionW
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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.