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A Buy Now, Pay Later Code of Conduct (BNPL Code) has been adopted in Singapore to protect consumers and address the financial regulator’s recommendation for industry self-regulation.
FinTech
Payment Services
Regulatory & Compliance

Buy Now, Pay Later Code of Conduct Adopted in Singapore

Date
Oct 24, 2022
Author
OrionW
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In May 2022, the UST algorithmic stablecoin crashed, dragging its sister token LUNA and US$60 billion of combined market value down with it.
FinTech

The Crash of UST and LUNA Digital Tokens Explained

Date
Jun 6, 2022
Author
OrionW
Read more
The Cyber Security Agency of Singapore launched a licensing framework on 11 April 2022 requiring providers of penetration testing services or managed security operations centre monitoring services to be licensed.
Data Protection & Cybersecurity
Regulatory & Compliance
Technology
TMT

Cybersecurity Service Providers Must Be Licensed in Singapore

Date
Apr 14, 2022
Author
OrionW
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In a significant decision, the Singapore High Court granted injunctive relief and disclosure orders against unidentified persons and cryptocurrency exchanges to trace and recover stolen cryptocurrencies.
TMT
FinTech

Singapore High Court Grants Injunctive Relief Over Cryptocurrencies Against Unknown Persons

Date
Mar 4, 2022
Author
OrionW
Read more
New legislation introduced in Singapore's Parliament would now regulate virtual asset service providers (VASPs) that are based in Singapore but provide offshore services.
FinTech
Regulatory & Compliance
Payment Services

Singapore Proposes to Regulate Singapore-Based Providers of Offshore Virtual Asset Services

Date
Feb 17, 2022
Author
OrionW
Read more
MAS issued guidelines banning the promotion of digital payment tokens (DPTs) to the general public in Singapore.
FinTech
Regulatory & Compliance

MAS Issues Guidelines on Providing and Promoting Digital Payment Token Services in Singapore

Date
Jan 19, 2022
Author
OrionW
Read more
The Monetary Authority of Singapore (MAS) offers a regulatory sandbox (the Sandbox) to encourage financial services providers to adopt innovative financial technology.
Regulatory & Compliance
Technology
TMT
FinTech

Applying to Join Singapore’s FinTech Regulatory Sandbox

Date
Nov 11, 2021
Author
OrionW
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MAS’s Cyber Security Advisory Panel recommends the adoption of a zero-trust security model and other cybersecurity measures to counter increasingly prevalent threats to the IT supply chain.
Data Protection & Cybersecurity
FinTech
Technology
TMT

MAS Cyber Security Advisory Panel Proposes Strengthened Cyber Defence Measures

Date
Nov 1, 2021
Author
OrionW
Read more
The Apostille Convention simplifies the process by which official documents in one member country can be recognised for legal purposes in another member country.
Regulatory & Compliance
Commercial

Singapore Joins Apostille Convention

Date
Sep 20, 2021
Author
OrionW
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