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The Monetary Authority of Singapore has issued a Notice imposing new due diligence requirements on corporate finance advisers and their representatives. The Notice also includes measures to mitigate potential conflicts of interest.
Regulatory & Compliance
Anti-Money Laundering (AML)

MAS Imposes Due Diligence and Business Conduct Requirements on Corporate Finance Advisers

Date
Feb 28, 2023
Author
OrionW
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The Online Safety (Miscellaneous Amendments) Act 2022, which commenced on 1 February 2023, empowers the IMDA to issue directions and disable access to egregious content on online communication services.
TMT
Media & Entertainment
Regulatory & Compliance
Technology

Singapore Introduces New Online Safety Provisions to Tackle Online Egregious Content

Date
Feb 17, 2023
Author
OrionW
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The Singapore government announced that COVID-19 safe management measures will be fully lifted from 13 February 2023. This insight provides an update of the changes at the workplace setting.
Employment
Regulatory & Compliance
COVID-19

Lifting of Safe Management Measures at the Workplace

Date
Feb 12, 2023
Author
OrionW
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Proposed amendments will enable companies and trusts to conduct meetings of members and unitholders with greater flexibility, efficiency and convenience through the use of virtual meeting technology.
Corporate
COVID-19
Regulatory & Compliance

Consultation Proposes to Permit Meetings of Company Members to Be Conducted by Electronic Means

Date
Feb 10, 2023
Author
OrionW
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Singapore’s health and cybersecurity agencies have proposed a cybersecurity labelling scheme for medical devices that handle personal or clinical data or are network-connected. The scheme includes four cybersecurity levels with increasing r
Data Protection & Cybersecurity
Regulatory & Compliance
TMT

Consultation for Proposed Cybersecurity Labelling of Medical Devices

Date
Feb 3, 2023
Author
OrionW
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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.
Data Protection & Cybersecurity
Regulatory & Compliance

PDPC Decision: Reliance on Legitimate Interests Exception to Consent Requirement

Date
Jan 25, 2023
Author
OrionW
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The SICC recently launched a model clause which parties can add to their agreements to designate the SICC as the supervisory court for Singapore court proceedings under the International Arbitration Act 1994.
Commercial Transactions
Dispute Resolution

SICC Introduces Model Clause for Arbitration-Related Court Proceedings

Date
Jan 20, 2023
Author
OrionW
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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.
Anti-Money Laundering (AML)
FinTech
International Updates
Payment Services
Regulatory & Compliance

New Hong Kong Licensing Regime for Virtual Asset Service Providers

Date
Dec 19, 2022
Author
OrionW
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As part of its strategy to become a global hub for intellectual property and other intangible assets, Singapore’s corporate and IP regulatory authorities have proposed a framework for enterprises to disclose information about intangibles.
Corporate
FinTech
Intellectual Property
Media & Entertainment
Technology

ACRA & IPOS Consult on Proposed Intangibles Disclosure Framework

Date
Dec 19, 2022
Author
OrionW
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