November 14, 2022 | Finance
Background The Cybersecurity Agency of Singapore (“the Agency”), which is the government entity charged with protecting Singapore’s Cyberspace environment, has put in place a licensing framework for Cybersecurity Service Providers (“CSPs”) which came into effect on 11...
August 18, 2021 | Finance, Regulatory Updates
Cryptocurrencies and ESG values As the cryptocurrency industry rises in prominence (with Bitcoin and increasingly, Ethereum being 2 of the most popular cryptocurrencies by market value), many Financial Institutions (“FIs”) worldwide have shown interest in virtual...
May 11, 2021 | Finance, Regulatory Updates
On 21 July 2020, the Monetary Authority of Singapore (“MAS”) published a Consultation Paper on a proposed new omnibus Act for the financial sector (the “Omnibus Act”). The consultation period has closed on 20 August 2020. The Omnibus Act will be a standalone...
