Publications

Since air quality in Singapore hit unhealthy levels in recent weeks, much discussion has taken place about the THPA.

On 1 September 2026, the Monetary Authority of Singapore (“MAS”) published the Consultation Paper on Proposed Amendments to the Payment Services Act 2019 (“PSA”) for Stablecoins Regulation (the “Consultation Paper”).

In this case update, the High Court allowed Great Eastern Financial Advisers Private Limited’s appeal against the Assistant Registrar’s decision to allow an application by one of Great Eastern’s former representatives, Mr. Lim Siang Heng, to set aside the Statutory Demand issued by Great Eastern against him.

This update provides an overview of the OSRAA, the composition and powers of the OSC, and the key considerations for businesses operating within Singapore's digital ecosystem.

On 9 September 2026, Parliament passed the Scams (Countermeasures) and Other Matters Bill (Bill No. 16/2026) (the “Proposed Act”), which when enacted will amend five existing statutes: the Protection from Scams Act 2025 (“PSA”), the Miscellaneous Offences (Public Order and Nuisance) Act 1906, the Online Criminal Harms Act 2023 (“OCHA”), the Police Force Act 2004, and the Banking Act 1970 to strengthen measures to detect, disrupt, and deter scams.

In this case update, the High Court exercised its power to strike out the claimant’s claim against UOB on the grounds of suppression of evidence.

Strengthening Singapore’s Competitiveness as a Leading Asset Management Hub – New MAS Measures Coming Our Way

In Lau Lee Sheng and others v. Envy Asset Management Pte Ltd (in liquidation) and others and another appeal [2026] SGCA 28 (“Lau Lee Sheng”), the Court of Appeal largely upheld the High Court’s decision that the Liquidators of the Envy Companies were entitled to claw back more than SGD 32 million in commissions and profit-sharing payments from four of the Envy Companies’ former employees.

Recent global tensions have accelerated countries’ use of sanctions as a geopolitical tool. These sanctions bring with them punishing penalties for those who transact in breach of them, including potential criminal liability and substantial financial penalties. Their growing use has also introduced new legal and practical challenges for corporates and financial institutions, especially regarding contractual performance in cross-border transactions.