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The UAE entice FinTech companies to innovate through various regulatory sandboxes that allow testing in a live environment with bespoke regulatory requirements.
FinTech
International Updates
Payment Services
Regulatory & Compliance
Technology

FinTech Regulatory Sandboxes in the UAE

Date
Jul 21, 2025
Author
OrionW
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The Open Source AI Definition 1.0 clarifies what should be considered “open source AI”. Among others, it requires that information on training data is made available under open source terms.
Technology
Artificial Intelligence (AI)
Data Protection & Cybersecurity
Intellectual Property
TMT

Open Source Initiative Defines Open Source AI

Date
Jul 21, 2025
Author
OrionW
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The proposed Corporate and Accounting Laws (Amendment) Bill aims to prevent misuse of companies, reduce regulatory burden, safeguard shareholders’ interests, and enhance the regulatory regime for public accountants.
Corporate
Regulatory & Compliance

Public Consultation on Proposed Changes to Corporate and Accounting Laws

Date
Jul 20, 2025
Author
OrionW
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Now a Singapore Standard, The Data Protection Trustmark shows compliance with responsible data protection practices, fortifying Singapore’s position as a trusted data hub.
Data Protection & Cybersecurity
Regulatory & Compliance
TMT
Technology

Data Protection Trustmark Now Part of Singapore Standards

Date
Jul 9, 2025
Author
OrionW
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MAS has amended AML/CFT Notices and Guidelines for Financial Institutions and Variable Capital Companies.
FinTech
Regulatory & Compliance

MAS Updates AML/CFT Notices Following Industry Feedback

Date
Jul 3, 2025
Author
OrionW
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The commencement of the Companies and Limited Liability Partnerships (Miscellaneous Amendments) Act 2024 brings new requirements for registers of controllers, nominee directors and nominee shareholders.
Corporate
Regulatory & Compliance
Commercial

New Requirements for Controller, Nominee Director and Nominee Shareholder Registers

Date
Jun 22, 2025
Author
OrionW
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Licensable Digital Token Service Providers (<strong>DTSPs</strong>) must obtain a licence under the Financial Services and Markets Act 2022 by 30 June 2025. With no transition period, unlicensed DTSPs must cease services after that deadine.
FinTech
Regulatory & Compliance
Technology

FSMA Licensing Begins for Digital Token Service Providers

Date
Jun 17, 2025
Author
OrionW
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A director is a guardian, but not an investigator. A director’s duty to subjectively act in the best interests of the company does not apply to acts where they have no discretion.
Corporate
Regulatory & Compliance

High Court Appellate Division Clarifies Scope of Directors' Duties

Date
Jun 10, 2025
Author
OrionW
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The Infocomm Media Development Authority is seeking public comments on their Starter Kit for Safety Testing of LLM-Based Applications, which sets out a practical baseline guidance for AI application testing to strengthen end-user trust.
Artificial Intelligence (AI)
Technology
TMT

IMDA’s LLM Safety Testing Starter Kit Opens for Public Input

Date
Jun 4, 2025
Author
OrionW
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OrionW LLC
Level 37, 16 Collyer Quay
Collyer Quay Centre
Singapore 049318

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.