This update highlights developments relating to the launch of the Singapore Sustainable Finance Association by the Monetary Authority of Singapore and the expansion of the Enterprise Financing Scheme – Green announced during Budget 2024.

The Singapore Exchange Regulation (“SGX RegCo”) recently sought comments on its proposed changes to the SGX-ST Listing Rules to clarify the obligations of issuers listed on SGX-ST undergoing the corporate restructuring process under the IRDA Act. This update provides a brief summary of SGX RegCo’s key proposals to improve the restructuring and trading resumption frameworks.

This article highlights three key FinTech trends in Singapore in 2023 which saw the Monetary Authority of Singapore actively taking the lead in numerous areas, including the launch of the Orchid Blueprint.

The Competition and Consumer Commission of Singapore (“CCCS”) issued, on 1 March 2024, its Guidance Note on Business Collaborations Pursuing Environmental Sustainability Objectives which aims to provide greater clarity to businesses on how CCCS will assess collaborations pursuing environmental sustainability objectives, so that such collaborations may be pursued in a way that does not harm competition. This update briefly outlines the salient aspects of the guidance note.

This is the second of a two-part article which discusses online safety and cybersecurity risks in video gaming. This second part will explore the common cybersecurity issues and risks that arise from online gaming, as well as examine the forms of legal protection available against cybersecurity threats. Part 1 here.

This update looks at the criteria for the enforceability of non-compete clauses and some practical tips  to consider for both employers and employees when it comes to such clauses.

The Cyber Security Agency of Singapore in consultation with industry partners developed the Safe App Standard (“Standard”) to combat rise and continued prevalence of online fraud and scams. Standard provides a common benchmark and guidance to local app developers and providers on the necessary security controls and best practices to better protect their applications, and, in turn, their end-users, against common malware and phishing attempts. This article provides an overview of the best practices set out in the Standard.

This is the second of a two-part article which discusses the legal and regulatory issues facing the video gaming and e-sports industry. This part details the different types of disputes that have arisen involving video gaming and e-sports, and explores the various avenues available for the resolution of such disputes. Part 1 is available here.

This article takes a look at Singapore’s current roadmap for artificial intelligence development, and the initiatives and programmes it plans to undertake in the coming years. This includes an overview of Singapore’s National AI Strategy 2.0, the establishment of the first of its kind Generative AI Evaluation Sandbox, the development of a regional Large Language Model ecosystem, and coordination efforts within and outside of Southeast Asia.

Project NovA! was launched in 2021 as part of Singapore’s National Artificial Intelligence Programme in Finance under which a Minimum Viable Product (“MVP”) that seeks to leverage AI and data analytics to assist banks when issuing sustainability-linked loans in the real estate sector was developed. This update takes a look at the key issues sought to be addressed by the MVP.

As part of Singapore’s continued push to establish itself as a philanthropic hub, there have been major changes to Singapore’s regulatory regimes for charities. This article gives a brief background on the key highlights behind these major changes.