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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.

MAS, IMDA Propose Shared Responsibility for Scam Losses

Date
Oct 30, 2023
Author
OrionW
MAS and IMDA propose for certain financial institutions and telcos to share responsibility in losses arising from digital phishing scams with a Singapore link.
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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.

MAS Proposes Improvements to E-Payments User Protection Guidelines

Date
Oct 27, 2023
Author
OrionW
MAS proposes improvements to the E-Payments User Protection Guidelines to improve anti-scam controls and emphasise consumer vigilance and responsibility.
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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.

MAS Unveils Finalised Stablecoin Regulatory Framework

Date
Aug 21, 2023
Author
OrionW
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.
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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.

Overview of PDPC’s August 2023 Decisions

Date
Aug 18, 2023
Author
OrionW
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.
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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.

Electronic Statutory Declarations, Oaths and Notarisations To Be Permitted

Date
Aug 8, 2023
Author
OrionW
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.
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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.

MAS Consults on New Single Family Office Regulatory Framework

Date
Aug 2, 2023
Author
OrionW
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.
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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.