Category: Singapore

Protection from Scams Bill Passed in Parliament

Introduction   The Protection from Scams Bill (“Bill“) was passed in Parliament on 7 January 2025. The Bill will empower specified officers to issue a Restriction Order (“RO“) to banks to restrict the banking transactions of an individual, if there is reason to believe that the individual will make transactions to a scammer.   The […]

Determining PDPA Contravention: Judicial Elucidation of Deemed Consent and Consent Exceptions

Introduction   Every organisation manages its fair share of personal data. In order to ensure that such data is duly secured and protected, it is critical to ensure compliance with the Personal Data Protection Act 2012 (“PDPA“). The PDPA prescribes standards and outlines legislative requirements governing the collection, use, disclosure and care of personal data […]

Upcoming Launch of GenAI Sandbox 2.0 for SMEs

The Infocomm Media Development Authority (“IMDA“) has announced that the second iteration of the Generative Artificial Intelligence Sandbox for SMEs (“GenAI Sandbox 2.0“) will be launched on 2 December 2024. The GenAI Sandbox 2.0 aims to help small and medium-sized enterprises (“SMEs“) experiment, innovate and adopt generative artificial intelligence (“GenAI“) tools in new business areas. […]

Establishment of Global Finance & Technology Network to Enhance FinTech Growth in Singapore

On 30 October 2024, the Monetary Authority of Singapore (“MAS“) announced the launch of the Global Finance & Technology Network (“GFTN“) to reinforce Singapore’s position as a leading global FinTech hub and boost international connectivity for impactful financial services innovation. GFTN will take over the role of Elevandi, previously established by MAS to connect people, […]

New Measures against Digitally Manipulated Content and Deepfakes during Elections

Introduction   The Elections (Integrity of Online Advertising) (Amendment) Bill (“Bill“), which was introduced in Parliament on 9 September 2024, was passed on 15 October 2024. The Bill introduces new measures against digitally manipulated content during elections, including artificial intelligence (“AI“)-generated misinformation (aka deepfakes).   The rapid advancement of AI technology has led to the […]

Introduction of AI Playbook for Small States: Best Practices, Governance, and Social Impact

Introduction   The recent advent of generative artificial intelligence (“AI“) and large language models have led to groundbreaking opportunities for all parts of society. However, its adoption may be uneven across states. Small states, in particular, face challenges such as:   access to resources and funding; limitations of small domestic markets and the resulting difficulty […]