The Bill seeks to amend the Act to strengthen the competition and consumer protection regulatory framework for the media sector and align it with that for the telecommunications sector.

The revised framework, which took effect on 15 June 2026, replaces the previous case-by-case exemption approach with a structure-agnostic class exemption for qualifying single family offices operating in Singapore.

The new measures put in place frameworks for errant developers: disqualification from participating in land sales for sites with residential components and suspension of sales on future unlaunched projects.

The Council’s objective is to ensure workers and businesses benefit from AI-driven transformation, while managing transitions in a fair and inclusive manner.

The proposed changes seek to enhance transparency and strengthen investor engagement through new disclosure and policy requirements for issuers listed on SGX-ST.