Singapore’s Infocomm Media Development Authority (IMDA) launched the Model AI Governance Framework for Generative AI (Generative AI Framework) on 30 May 2024. The framework, developed by the IMDA and its wholly owned and...more
A list of companies considered critical to Singapore’s national security interests was published on May 31, 2024 in the nation’s e-Gazette. The list is tied to the Significant Investments Review Act 2024 (the Act), which sets...more
As part of our Technology Marathon webinar series, partners Kristin Lee, Mike Pierides, and Steven Stone recently discussed the increasing regulatory focus by financial regulators on artificial intelligence (AI). Here are...more
The US Office of the Comptroller of the Currency (OCC) on January 29 proposed meaningful revisions to its rules and processes for reviewing proposed transactions involving national banks under the Bank Merger Act. The...more
The new Significant Investments Review Bill was introduced by Singapore’s Ministry of Trade and Industry (MTI) to regulate significant investments, whether local or international, in entities that are critical to Singapore’s...more
The Board of Governors of the Federal Reserve System (Federal Reserve) took another tepid step into the digital asset space on August 8, announcing that it has established a program to “enhance the supervision of novel...more
The New York Department of Financial Services (NYDFS) promulgated its long-awaited final rule regarding commercial financing disclosures, which applies to transactions of $2.5 million or less, on February 1, 2023. The state’s...more
The last few years have thrown many surprises at businesses. Organizations across all sectors have faced inflation, global conflicts, supply chain challenges, a pandemic, and continually changing government policies. In 2023,...more
1/23/2023
/ Automotive Industry ,
Capital Markets ,
Cryptocurrency ,
Energy Sector ,
EU ,
False Claims Act (FCA) ,
FDIC ,
Financial Services Industry ,
FinTech ,
Food and Drug Administration (FDA) ,
Life Sciences ,
Tax Credits
The FDIC Board of Directors issued a proposal on December 13 amending and updating the rules regarding the use of the official FDIC sign and advertising statements to better reflect the modern consumer banking landscape. As...more
The nationwide lockdown in India in response to the coronavirus (COVID-19) pandemic has been extended until May 3. The Indian government has permitted the operation of certain additional business activities from April 20...more
With effect from February 7, the Mainboard Rules and Catalist Rules of the Singapore Exchange Securities Trading Limited will be revised to adopt a risk-based approach to quarterly reporting and to enhance the continuous...more
2/7/2020
/ Amended Rules ,
De Minimus Doctrine ,
Disclosure Requirements ,
Financial Assistance Policies ,
Interested Parties ,
Listing Rules ,
Quarterly Report ,
Regulatory Requirements ,
Risk-Based Approaches ,
Rulemaking Process ,
Securities Regulation ,
Securities Transactions ,
Singapore ,
Singapore Exchange ,
Third-Party ,
Trading Platforms
The Monetary Authority of Singapore (MAS) issued a consultation paper on November 20, 2019, titled “Proposed Regulatory Approach for Derivatives Contracts on Payment Tokens,” seeking feedback on its proposal to allow...more