The Singapore government introduced a bill into parliament to amend the Electronic Transactions Act (ETA) (Cap. 88) (ETA) on January 4, 2021. The amendments set out in the Electronic Transactions (Amendment) Bill will be of relevance to the trade and commodities finance and fintech sectors as their primary object is to achieve recognition and equivalence … Continue Reading
The Personal Data Protection (Amendment) Bill (Bill) was introduced and read for the first time in Parliament on October 5, 2020 The Bill proposes significant changes to Singapore’s Personal Data Protection Act 2012 (PDPA). The amendments seek to keep Singapore’s data protection laws up to date with evolving technology developments, as well as global regulatory … Continue Reading
The Monetary Authority of Singapore (MAS) published a “Consultation Paper on a Proposed New Omnibus Act for the Financial Sector” (the CP) on July 21, 2020. The CP sets out proposals relating to the expansion of supervisory powers by the MAS in a range of important areas, including (among others) additional powers to take enforcement … Continue Reading
It has been eight years since the enactment of Singapore’s comprehensive data protection law, the Personal Data Protection Act 2012 (PDPA). On May 14, 2020, a public consultation paper and accompanying Personal Data Protection (Amendment) Bill (Amendment Bill) were published, to solicit feedback on several proposed revisions to the PDPA. The proposed changes are significant. Key … Continue Reading
On 4 June 2020, Singapore’s Personal Data Protection Regulations 2014 (Regulations) were amended to specify that recipients of personal data located outside Singapore which are certified under the Asia‑Pacific Economic Cooperation Cross-Border Privacy Rules (APEC CBPR) System, would satisfy the cross-border data transfer requirements under Singapore’s data protection law. The same outcome would be achieved … Continue Reading
The Personal Data Protection (Amendment) Bill 2020 (the Bill) was published today for public consultation. Key amendments proposed in the Bill include: Increased financial penalties for breaches of the Personal Data Protection Act (the Act) of up to 10 per cent of annual gross turnover in Singapore or S$1 million, whichever is higher. Mandatory data … Continue Reading
On January 30, 2020, The World Health Organization (WHO) declared that the outbreak of novel coronavirus (COVID-19) is a “public health emergency of international concern.” This was, in part, an acknowledgement of the geographic spread of the virus and the need for intensified support for preparation and response, especially in vulnerable countries and regions. Further … Continue Reading
The World Health Organization (WHO) declared on January 30, 2020, that the outbreak of 2019 nCoV (novel coronavirus) is a “Public Health Emergency of International Concern.” Further information is available in the WHO statement. On January 31, 2020, the Centers for Disease Control and Prevention (CDC) in the United States also declared a public health … Continue Reading
Beginning on September 1, 2019, all Singapore private sector organizations will be banned from collecting, using or releasing all national identity cards, copies or their numbers unless required under law or deemed necessary to verify an individual’s identity. If organizations violate the rules under the Singapore Personal Data Protection Act 2012 (PDPA), they could face … Continue Reading
In February this year, the Singapore Personal Data Protection Commission (PDPC) launched a public consultation on proposed regulations and two sets of guidelines on key concepts and selected topics under the Personal Data Protection Act 2012 (No. 26 of 2012) (the Act). Following that consultation, the PDPC issued in September the final advisory guidelines on … Continue Reading
In 2012, Singapore enacted the new Personal Data Protection Act 2012 (No. 26 of 2012) (PDPA). Before the main provisions come into force, which is planned for July 2014, Singapore’s Personal Data Protection Commission (PDPC) issued public consultations, or requests for comment, on a proposed regulation and two guidelines. While the PDPC is still reviewing … Continue Reading
Asian countries continue to focus on developing their data protection legislation. The Philippines Congress recently finished its second reading of House Bill 1554 which will introduce a unified and special law relating to data protection and privacy. Singapore, which already has some sectoral laws and a voluntary data protection model code, is now calling for … Continue Reading
