Strengthening Singapore-India Relations: Adoption of a New Roadmap for the Comprehensive Strategic Partnership
Introduction Singapore and India have long enjoyed a strong and multifaceted relationship, marked by robust economic ties, cultural exchanges, and strategic partnerships. The recent official visit of Prime Minister Lawrence Wong (“PM Wong“) to India from 2 to 4 September 2025 underscores the commitment of both nations to deepen their cooperation. In a press release dated 4 […]
IPOS Announces Initiatives to Help Enterprises Leverage Intangible Assets and Intellectual Property
The Intellectual Property Office of Singapore (“IPOS“) announced a series of initiatives at the launch of IP Week @ SG 2025. The initiatives seek to help enterprises leverage intellectual property (“IP“) and intangible assets (“IA“), and include the following: Franchising and licensing: IPOS and the Franchising and Licensing Association (“FLA“) will partner to help enterprises […]
Singapore Launches IT Energy Efficiency Standard for Data Centres
Singapore has launched a new standard “SS 715:2025: Energy Efficiency of Data Centre IT Equipment” (“SS 715:2025“), which seeks to support data centre operators and users to deploy energy efficient information technology (“IT“) equipment. As one of the first data centre standards for IT energy efficiency in the tropics, SS 715:2025 aims to save energy […]
Proposed Amendments to the Public Sector (Governance) Act for Agencies to Share Data with External Partners
The Ministry of Digital Development and Information (“MDDI“) conducted a public consultation from 12 August 2025 to 2 September 2025 on proposed amendments to the Public Sector (Governance) Act 2018 (“PSGA“), which aim to provide a clear legal basis for public sector agencies to share data with authorised external partners. At present, the PSGA only […]
Singapore and the European Free Trade Association Successfully Conclude Negotiations on a Digital Economy Agreement
Singapore and the European Free Trade Association (“EFTA“) States have successfully concluded negotiations on the EFTA-Singapore Digital Economy Agreement (“ESDEA“) on 10 July 2025. The ESDEA establishes a robust framework for digital connectivity between Singapore and the EFTA States, featuring rules and commitments designed to boost digital trade, enable open and secure cross-border data flows, […]
Protecting Your Confidential Information – Lessons from Data Protection and Employment Perspectives
Introduction The protection of confidential information continues to be a thorny issue for employers. Employees have to be provided access to corporate documents in the course of their work, which frequently include valuable and proprietary information such as client data, trade secrets, sales, marketing, operational, financial or personal data. In the modern context where such […]
MAS Publishes Report on Use of Tokenised Bank Liabilities to Enhance Transaction Banking
On 3 July 2025, the Monetary Authority of Singapore (“MAS“) published a Report on the Use of Tokenised Bank Liabilities for Transaction Banking (“Report“). The Report shows how tokenised bank liabilities, underpinned by shared ledger infrastructures, can enable 24/7 real-time settlement across borders and help optimise liquidity management in transaction banking. The Report highlights two main challenges […]
Singapore Launches New Tools to Help Businesses Protect Data and Deploy AI in a Trusted Ecosystem
Singapore has introduced three new initiatives to create a trusted ecosystem for the safe and responsible deployment of technologies, particularly artificial intelligence (“AI“): (i) the new Global AI Assurance Sandbox; (ii) a new privacy enhancing technology (“PET“) adoption guide; and (iii) the Singapore Standard for Data Protection. These initiatives seek to encourage maximal innovation by […]
Protection from Scams Act in Force from 1 July 2025
The Protection from Scams Act 2025 (“Act“) came into effect on 1 July 2025.The Act enables the Police to better protect targets of ongoing scams by empowering the Police to issue Restriction Orders (“ROs“) to banks to restrict the banking and credit facilities of the scam target(“Individual“). The key features of the Act are set […]
Singapore Payments Network (SPaN) Formed to Streamline Governance of National Payments Schemes
On 25 June 2025, the Monetary Authority of Singapore (“MAS“) and the Association of Banks in Singapore (“ABS“) jointly announced the incorporation of Singapore Payments Network (“SPaN“). Set up by MAS and ABS, SPaN is a not-for-profit company limited by guarantee to drive national payments objectives. SPaN will administer and govern Singapore’s national payment schemes, promote continuous […]