Category Archives: Singapore

Singapore lawyers back national IT plan

A world-first initiative to drag an entire jurisdiction into the digital age is under way in Singapore. The Future Law Innovation Programme (FLIP), organised by the agency responsible for developing the country’s legal profession, will encourage firms to adopt new technology, bring lawyers and entrepreneurs together and help ‘lawtech’ startups. FLIP, launched last week by the […]

Singapore officials to face tough new penalties for data breaches

Public servants in Singapore who disclose residents’ personal data without authorisation will face up to two years in jail or fines of up to S$5,000 (US$3,750) under new legislation. The criminal penalties were introduced in the Public Sector (Governance) Bill, which was passed by the Singapore Parliament on Monday. The new law will also penalise […]

An Insightful Perspective: Interview With Toby Landau QC 

Prakash Pillai conducted an exclusive interview with Toby Landau QC, a renowned British lawyer and arbitration expert who is the first Queen’s Counsel (QC) to be called to the Singapore Bar since the independence of Singapore. Mr. Landau’s admission to the Singapore Bar has been described as “a historic occasion in the legal history of […]

Singapore International Arbitration Centre Proposal on Cross-Institution Consolidation Protocol

Singapore International Arbitration Centre Proposal on Cross-Institution Consolidation Protocol

On 19 December 2017, the Singapore International Arbitration Centre (‘SIAC”) released a proposal on cross-institution cooperation for the consolidation of international arbitral proceedings. The innovative proposal envisages the adoption of a protocol by arbitral institutions that would permit the consolidation of arbitral proceedings subject to different institutional arbitration rules. Gary Born, Chair of the International Arbitration […]

Four Law Firms Granted Temporary Extensions for Singapore License

Watson Farley seals new Singapore alliance 

Gibson Dunn, Jones Day, Linklaters and Sidley Austin have failed to deliver on promises; Singapore’s government has given them two more years to meet expectations.   Source: Four Law Firms Granted Temporary Extensions for Singapore License, as Performance Has ‘Fallen Short’ | International | The American Lawyer

Singapore CFOs see data security, privacy as top challenges in corporate reporting: EY poll

Singapore CFOs see data security, privacy as top challenges in corporate reporting: EY poll

Managing data security and privacy are the top challenges chief financial officers (CFOs) in Singapore say they face in corporate reporting, as developments in data handling stir uncertainty among global and Singapore CFOs alike. The global survey of more than 1,000 CFOs also found 63 per cent of Singapore finance chiefs say concerns over security […]

Singapore central bank to consult financial firms on implications of artificial intelligence and data analytics

Singapore central bank to consult financial firms on implications of artificial intelligence and data analytics

Singapore’s central bank will consult financial firms in the city state in a bid to better understand the implications of their use of artificial intelligence (AI) and data analytics, according to a report in the local press. According to The Business Times, the consultation being undertaken by the Monetary Authority of Singapore (MAS) could lead […]

Singapore urged to take lead in ethics code for arbitration

Former attorney-general V. K. Rajah wants Singapore to take the lead in forging an international ethics code for arbitration practice. He said such a move would help the country at a time when it has become the top venue in Asia for dispute resolution. He told the Singapore Institute of Arbitrators recently that Singapore has […]