• Tech suppliers will not be subject to new cyber laws in Singapore

    out-law.com 15 Nov '17, 9am

    The Ministry of Communications and Information (MCI) and the Cyber Security Agency (CSA) clarified the position in responding to feedback received to a consultation on the planned Cybersecurity Bill. They said businesses had raised concerns about the potential scope of the Bill, which...

  • Singapore banks to face new cybersecurity regulations

    out-law.com 06 Nov '17, 3pm

    Ravi Menon, managing director of the city state's central bank, the Monetary Authority of Singapore (MAS), reportedly told The Business Times that MAS will look to introduce new cyber rules in a bid to encourage greater adoption of online and digital banking. According to The Business...

  • Precise timing needed for submitting construction payment claims, Singapore court confirms

    out-law.com 17 Jul '17, 9am

    In reaching its finding, the court considered how to interpret provisions contained in the Building and Construction Industry Security of Payment Act (SOPA). The case concerned a dispute between Kian Hiap Construction and Audi Construction, which it had engaged as a sub-contractor to ...

  • Singapore eases regulation of venture capital funds

    out-law.com 18 Feb '17, 8pm

    VC managers are currently subject to the same statutory framework as other fund managers in Singapore, MAS said in a consultation paper . These fund managers differ from other fund managers, however, as they manage funds that typically only invest in unlisted business ventures that op...

  • Singapore monetary authority plans cloud computing policy

    out-law.com 04 Jul '16, 9am

    Lim Hng Kiang, Singapore minister for trade and industry and MAS deputy chairman made the announcement at a banking industry dinner last week. "MAS recognises cloud services can offer various benefits such as scalability and advanced functionalities, and is amenable to banks leveragin...

  • Singapore telco visits customers' homes to secure devices after cyberattack

    out-law.com 31 Oct '16, 12pm

    StarHub detected a spike in data traffic to its domain name servers (DNS) last week, affecting the home broadband connection for some customers. "There was no impact on mobile, enterprise and home voice services, and the security of our customers’ information was not compromised," Sta...

  • Singapore plans data protection certification

    out-law.com 15 Mar '17, 11am

    The Personal Data Protection Commission (PDPC) hopes that the programme will also raise the profile of the role and attract more applicants with an interest in data protection, the Straits Times said . Tan Kiat How, commissioner of the Personal Data Protection Commission (PDPC) told n...

  • Singapore watchdog urges businesses to create plan for handling data breach incidents

    out-law.com 15 May '15, 12pm

    In new guidance the Personal Data Protection Commission (PDPC) said companies could use a "data breach management and response plan" (12-page / 718KB PDF) to set out measures enabling them to contain breaches once they are identified, assess the risks and impact a breach could have, a...

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