Tag Archives: Singapore

EY survey: Singapore, global companies unprepared for GDPR data privacy compliance

data privacy

Intensifying regulatory pressures are top of mind for business leaders, with 70% of Singapore respondents (global 78%) expressing increasing concern about data protection and data privacy compliance. This is according to the third biennial EY Global Forensic Data Analytics Survey, which examined the responses of 745 executives from 19 countries (including 40 from Singapore) and […]

Singapore Amends ICC to Strengthen International Arbitration Status

Singapore has amended its International Commercial Court in order to strengthen its status as a hub of international arbitration. According to Lexology, on January 9th, 2018, the Supreme Court of Judicature passed amendments which clarify that the Singapore International Commercial Court (“SICC”) has jurisdiction to hear proceedings relating to international commercial arbitration, and also abolish the pre-action certificate […]

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 […]

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 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 […]