The Telecommunications and Other Legislation Amendment (Assistance and Access) Bill 2018 (Bill) was introduced into Australia's Parliament on 20 September 2018. As proposed, the Bill would significantly enhance the powers of the Australian Security Intelligence Organisation (ASIO) and other law enforcement agencies to access information held by providers of communications services and equipment.
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MAS Issues Robo-Adviser Guidelines
Oct 24 2018 - 
OrionW
The Monetary Authority of Singapore (MAS) has issued new guidelines for firms offering digital advisory services. Digital advisers - also referred to as 'robo-advisers' - provide advice on investment products by giving clients direct access to algorithmically-driven automated tools with limited or no interaction with human advisers.
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Singapore Chapter of the International Comparative Legal Guide (ICLG) to Data Protection 2018
Jun 13 2018 - OrionW
OrionW recently contributed to the Singapore Chapter of The International Comparative Legal Guides (ICLG) to Data Protection 2018 (ICLG Data Protection Guide 2018). The ICLG Data Protection Guide 2018 is a practical multi-jurisdictional guide that provides a cross-border overview of key data protection laws and regulations.
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On 22 May 2018, the Monetary Authority of Singapore (MAS) began a consultation to seek public feedback on its proposed changes to the Recognised Market Operators (RMOs) regime. The proposed changes are intended to advance MAS's objective to drive innovation in financial services, whilst protecting investors' interests.
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On 14 May 2018, the Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) Industry Partnership of Singapore issued two papers, namely Best Practices for Countering Trade Based Money Laundering (the TBML Paper) and Legal Persons - Misuse Typologies and Best Practices (the Legal Persons Paper). The papers set out best practices for financial institutions to combat trade-based money laundering and the misuse of legal entities for illegal activities. The Anti-Money Laundering and Countering the Financing of Terrorism Industry Partnership of Singapore was formed in April 2017 by the Monetary Authority of Singapore (MAS) and the Commercial Affairs Department (CAD) of the Singapore Police Force as a government-industry partnership to strengthen Singapore's resilience against financial crime.
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