Automatic Exchange of Financial Account Information Takes Effect

Tan Chong Huat

On 15 January 2018, Singapore’s Ministry of Finance announced the activation of automatic exchange of information (“AEOI”) with 61 countries from 2018.

What is AEOI?

AEOI is based on the Common Reporting S...

Year End Review for Data Protection and Cyber Security for 2017

Jonathan KOK

In many ways, 2017 was a watershed year for Singapore in the development of data privacy and cyber security measures.

In the wake of the crippling Wannacry and Petya cyber-attacks globally, it was timely for Singapore to step up i...

How Singapore SMEs should prepare for the GDPR

Jonathan KOK

Singapore’s small and medium enterprises (SMEs) that have business dealings with European Union (EU) based clients will need to keep an important date in mind, 25 May 2018. That is the day the new legal framework, the European Unio...