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This update highlights key aspects of the Protection from Scams Bill, such as the basis and impact of restriction orders issued by specified police officers, and the potential risks for banks.
The ACRA (Registry and Regulatory Enhancements) Act 2024 took effect on 9 December 2024, and introduces provisions to strike a balance between corporate transparency and data protection, facilitate digital communications with businesses and stakeholders among other things. This update looks at the key changes under the Act.
Indonesia’s new policy mandating exporters to retain 100% of their foreign exchange earnings onshore for one year, effective March 1, has ignited controversy.
Singapore is set to revamp its trade associations and chambers with a three-year roadmap under the Sector Transformation Map, launched by the Singapore Business Federation on January 22.
The Thai Finance Ministry has finalized a draft law aimed at establishing Thailand as a global financial hub, providing enhanced privileges and streamlined regulations.