The Competition and Consumer Commission of Singapore (CCCS) is updating its competition guidelines to provide more clarity and guidance to businesses in the digital sector. This follows the commission’s e-commerce platform market study report (the “Study”) released on 10 September 2020. The CCCS’s public consultation exercise on the proposed changes to the guidelines is ongoing until 8 October 2020.

The CCCS also urged e-commerce platform operators to raise sellers’ awareness and understanding of the Consumer Protection (Fair Trading) Act (CPFTA) and encouraged sellers to adopt its recommended “good trade practices.”

Singapore updated its strategic goods control regime on 3 August 2020 to ensure robust administration of controls and effective risk assessments, while ensuring the facilitation of legitimate trade. Key amendments include ensuring individual and bulk permit holders have access to English translations for strategic trade records kept in other languages. For bulk permit holders, expanded document categories under recordkeeping requirements and monthly reporting will apply. A new offence has also been created for failing to amend permits in the event that information submitted under initial permit application processes subsequently change.

As part of our continued efforts to guide clients through these challenging times, the Asia Pacific Employment & Compensation Group brings you these recorded webinars which provide key and practical insights on employment and compensation trends and major challenges being faced by businesses across the region. If you have questions…

As part of our continued efforts to guide clients through these challenging times, the Asia Pacific Employment & Compensation Group brings you these recorded webinars which provide key and practical insights on employment and compensation trends and major challenges being faced by businesses across the region. If you have questions…

In light of COVID-19, the PDPC issued an advisory to guide organizations in the proper collection of personal data for purposes of contact tracing.

Read publication  As an integral part of Singapore’s strategy to build a sustainable, resource-efficient and climate-resilient nation, the Resource Sustainability Act 2019 (No. 29 of 2019) (RSA) sets out regulatory measures targeting the following three waste streams which generally have high generation and low recycling rates: Electrical and electronic waste…

On 9 October 2019, the Personal Data Protection Commission (“PDPC”) revised Chapter 6 (Organisations) and Chapter 15 (Access and Correction Obligations) and introduced a new Chapter 8 on cloud services in the Advisory Guidelines on the PDPA for Selected Topics (“Guidelines”). The Guidelines, while not legally binding, reflects the PDPC’s…

On 6 August 2019, the Monetary Authority of Singapore (“MAS”) issued a set of legally binding requirements that financial institutions must take to mitigate the growing risk of cyber threats. These requirements are contained in the following notices (collectively, “Cyber Hygiene Notices”): MAS has also issued a set of Frequently…

In a move that the Monetary Authority of Singapore (MAS) describes as new phase in the country’s banking system, MAS announced it intends to issue up to five new bank licences to digital players1. This will be in addition to any internet-only bank services offered by local banking groups. The…

On 22 May 2019, the Personal Data Protection Commission (PDPC) published a Guide on Active Enforcement (Guide) that represents a change in the way that the PDPC handles enforcement actions going forward. Under the current approach set out in the Advisory Guidelines on the Enforcement of the Data Protection Provisions…