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Recent actions by the Singapore and US governments following DeepSeek’s alleged use of restricted artificial intelligence (AI) chips signal more robust enforcement of export controls. Not only is Singapore stepping up its...more
Regulation of artificial intelligence (AI) in Asia Pacific remains nascent, mostly governed by existing regulatory frameworks designed for other technologies and products. It’s a work in progress. AI techniques – machine...more
Introduction and Background - On 5 December 2024, as part of the Monetary Authority of Singapore’s (MAS) incremental efforts to ensure responsible use of artificial intelligence (AI) in Singapore’s financial sector, MAS...more
Artificial intelligence (AI) is transforming industries at an unprecedented pace, but it also introduces complex compliance challenges. While many regions are ramping up their regulatory frameworks to address these risks,...more
On October 15, 2024, the Cyber Security Agency of Singapore (“CSA”) published Guidelines on Securing AI Systems (the “Guidelines”) alongside a Companion Guide for Securing AI Systems (the “Companion Guide”), which is intended...more
Designed for busy in-house counsel, compliance professionals, and anti-corruption lawyers, this newsletter summarizes some of the most important international anti-corruption law and enforcement developments from the past...more
Singapore's AI frameworks guide AI ethical and governance principles, with existing sector-specific regulations addressing AI risks. Laws/Regulations directly regulating AI (the “AI Regulations”) Currently, there are...more
AI Protocols Merge, VC Crypto Funding Increases, Tether Completes SOC 2 Audit - According to a recent press release, “SingularityNET (SNET), the world’s first decentralized Artificial Intelligence (AI) network, Fetch.ai, a...more
On 18 July 2023, Singapore’s data protection authority published proposed guidelines on the use of personal data in artificial intelligence (AI) systems (Proposed Guidelines). The Proposed Guidelines will be up for public...more
Welcome to the first edition of our AI Legal News Summer Roundup! With both the temperature and artificial intelligence developments heating up, the time is ripe to provide periodic updates this summer on recent legal...more
Welcome to the latest edition of Updata! Updata is an international report produced by Eversheds Sutherland’s dedicated Privacy and Cybersecurity team – it provides you with a compilation of key privacy and cybersecurity...more
In a statement released on February 1, 2023, the European Union ("EU") and Singapore strengthened their cooperation as strategic partners. Following the announcement of a new Digital Partnership between the EU and Singapore....more
The Maritime Port Authority (MPA in Singapore) is currently in the process of building the Tuas Port, which will be the biggest port in the world with a capacity of 60 million TEU’s (twenty-foot equivalent units) once it is...more
UK and Singapore Financial Partnership on financial services HM Treasury has announced that it has agreed a new "Financial Partnership" between the UK and Singapore which will support increased financial services between the...more
The Law Reform Committee (LRC) of the Singapore Academy of Law (SAL) established a Subcommittee on Robotics and Artificial Intelligence to consider and make recommendations regarding the application of the law to AI systems....more
Facial recognition technology has been controversial lately, as governments struggle with how to use this powerful tool. The city-state of Singapore has begun to build face placing detectors into the very fabric of society –...more
As a global team, we pay attention to financial regulatory and fintech events happening around the world. In that spirit, we are reporting on some intriguing new regulatory initiatives that were announced at the Singapore...more
Singapore has enacted a law granting government ministers the power to require social media platforms to completely remove or place warnings alongside posts the authorities designate as false....more
Research and development conducted worldwide is currently driving the so-called “Fourth Industrial Revolution” (referred to herein as “4IR”). 4IR encompasses three major fields: (1) physical technologies, including autonomous...more