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Banking (amendment) act 2021 singapore

High Court rules that joint bank accounts may be subject

Millones de Productos que Comprar! Envío Gratis en Productos Participantes —(1) This section applies where a bank in Singapore obtains or receives any relevant service on or after the date of commencement of section 21 of the Banking (Amendment) Act 2020 from — ( a ) a branch or office of the bank (including its head office) that is located outside Singapore (called in this section its branch or office); o The Banking (Amendment) Act 2020, except sections 2, 3, 5, 11, 13 to 17, 19, 20, 21, 24, 26 to 32, 33 ( b) and ( d ), 34 to 43, 44 ( a ), ( b) and ( d) and 45 to 68, comes into operation on 1 October 2020. Made on 9 September 2020. Singapore The Banking (Amendment) Act 2020 ( Amendment Act ) was gazetted on 13 February 2020 and will come into operation on a date to be appointed. MAS had consulted the industry and public on the major policy changes and draft legislative amendments for banks and MBs in February 2019 and May 2019 respectively

(AMENDMENT) ACT 2020 AND OTHER CHANGES 2 December 2020 Monetary Authority of Singapore 3 1 Preface 1.1 On 6 January 2020, Parliament passed the Banking (Amendment) Act 2020 (BAA). The BAA introduces several amendments to the Banking Act (BA) to update and enhance MAS' banking regulatory framework. Among the significant amendments are the removal of th Banking Regulation (Amendment) Bill, 2020 received Presidential Assent on 29-09-2020. The Banking Regulation (Amendment) Act, 2020 The Banking Regulation (Amendment) Act, 2020 will replace the Banking Regulation (Amendment) Ordinance, 2020 3. In view of the above, it is decided to amend the Banking Regulation Act, 1949 by the Banking Regulation (Amendment) Bill, 2020, inter alia, to provide for the following: (i) to amend section 3, so as to make the provisions of the said Act not applicable to— (a) a primary agricultural credit society; o Under the Bill, a bank in Singapore and an MB in Singapore must comply with certain requirements before obtaining any relevant service from its branch or office that is located outside Singapore, or from a person. In addition to certain due diligence requirements, such a bank or MB must implement policies and procedures (where the relevant service is obtained from its branch or office) or enter into a contract (where the relevant service is obtained from a person) that meets. 1 Minister for National Development and Second Minister for Finance, Mr Lawrence Wong, on behalf of Mr Tharman Shanmugaratnam, Senior Minister and Minister-in-charge of the Monetary Authority of Singapore (MAS), today moved the Banking (Amendment) Bill 2019 (the Bill) for First Reading in Parliament. 2 MAS reviews and amends the Banking Act (BA).

Enhanced regulation of digital payment token services and

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It becomes an Act of Parliament after it has been passed by Parliament and received the President's assent. Browse or search the Bills introduced in Parliament and read their full text here. 1) Bills shown here are as presented at 1st Reading and do not carry any amendments made by Parliament subsequently COVID-19 (Temporary Measures) (Performances and Other Activities — Control Order) (Amendment No. 6) Regulations 2021 (S 370 of 2021) Published: 11 Jun 2021. COVID-19 (Temporary Measures) (Sporting Events and Activities — Control Order) (Amendment No. 3) Regulations 2021 (S 369 of 2021) Published: 11 Jun 2021

Banking (Amendment) Act 2020 - Singapore Statutes Onlin

Constitution of the Republic of Singapore (Amendment) Bill Bill No. 24/2020 [Urgent Bill]. Read the first time on 4 May 2020. A BILL intituled An Act to amend the Constitution of the Republic of Singapore (1999 Reprint). Be it enacted by the President with the advice and consent of the Parliament of Singapore, as follows The following Act of Parliament received the assent of the President on the 29th September, 2020 and is hereby published for general information:— THE BANKING REGULATION (AMENDMENT) ACT, 2020 NO. 39 OF 2020 [29th September, 2020. The Banking (Amendment) Bill 2019 In January 2020, the Banking (Amendment) Bill 2019 ( BAB ) was passed in Parliament. While it has yet to fully come into operation, with only selected sections entering into force in October 2020, the BAB intends to significantly rationalise banking regulation by introducing several key changes to the BA

The Banking (Amendment) Bill 2019 (Amendment Bill) was passed by Parliament on 6 January 2020.The Bill seeks to make several significant changes to the current regulatory framework under which the banking industry is regulated by the Monetary Authority of Singapore (MAS).Amongst other things, the current divide between a bank's Domestic Banking Unit and Asian Currency Unit will be. The Banking Regulation (Amendment) Bill, 2020 amends the BR Act to expand RBI's regulatory control over co-operative banks in terms of management, capital, audit and liquidation. The Bill was introduced in Lok Sabha on September 14, 2020

(Amendment) Bill 2020 Bill No. /2020. Read the first time on 2020. A BILL i n t i t u l e d An Act to amend the Personal Data Protection Act 2012 (Act 26 of 2012) and to make consequential and related amendments to certain other Acts. Be it enacted by the President with the advice and consent of the Parliament of Singapore, as follows to XI of the Banking Act 2004 have come into operation on 1 June 2007. (iv) By virtue of Proclamation No. 12 of 2008 as published in the Government Gazette of 13 September 2008, section 18(3) and (4) of the Banking Act 2004 has come into operation on 15 September 2008. (v) Section 3(2) of Part I of the Banking Act 2004 has not yet been proclaimed The new Personal Data Protection (Amendment) Bill 2020 just passed on 2 November 2020 seeks to strengthen the accountability of organisations, to recalibrate the balance between individual's consent and organisational accountability to harness data for appropriate and legitimate purposes, to grant greater consumer autonomy over their own personal data, and to strengthen the effectiveness of enforcement efforts by the Personal Data Protection Commission ( PDPC ) President Shri Ram Nath Kovind has approved the Banking Regulation (Amendment) Ordinance, 2020, on 27 June 2020, to bring all urban cooperative banks and multi-state cooperative banks under the.

Banking (Amendment) Act 2020 (Commencement) Notification

  1. Income Tax Act - Subsidiary Legislation. Legislation is reproduced on this website with the permission of the Government of Singapore. Acts of Parliament are available without charge, and updated monthly at the Singapore Statutes Online website . Any updates to the subsidiary legislation will be made available on the first Friday of every month
  2. The Merchant Shipping (Miscellaneous Amendments) Act 2019 was passed in 2019 to give force of law to the International Convention of Salvage 1989 (Salvage Convention) in Singapore. However, commencement of implementing provisions under the act has not been announced
  3. Amendments to the Personal Data Protection Act In Force. On 29 January 2021, the Personal Data Protection Commission ( PDPC) announced that certain sections of the Personal Data Protection (Amendment) Act 2020 (the PDPA Amendments) will take effect from 1 February 2021 - please see PDPC's announcement; the gazetted Commencement Notification
  4. Acts of Parliament are available without charge, and updated monthly, at the Singapore Government Statutes. More information. Hardcopies of the Acts and Subsidiary Legislation can be purchased from Toppan Leefung Pte Ltd. Address: No. 1, Kim Seng Promenade, #18-01 Great World City East Tower, Singapore 237994. Telephone: 6826 969
  5. Monetary Authority of Singapore (MAS) recently announced that the Payment Services Act 2019 (PS Act) will commence on 28 January 2020 (Commencement Date), except for sections 111 (Amendment of Credit Bureau Act 2016), 113 (Amendment of Financial Holding Companies Act 2013) and 114 Amendment of Insolvency, Restructuring and Dissolution Act 2018)

Bill to amend Banking Act passed to rationalise banking

  1. In our previous articles (COVID-19 (Temporary Measures) Act 2020: Legal circuit breaker) and (COVID-19 (Temporary Measures) Act 2020 Update: Applicable Duration and regulations to Obtain temporary contractual Relief in Singapore) we set out a summary of the temporary measures introduced by Parliament to Singapore's legal landscape which provided a lifeline to a category of businesses and.
  2. Rajya Sabha on Tuesday passed Banking Regulation Amendment Bill, 2020 to bring the cooperative banks under the supervision of the Reserve Bank of India
  3. On 20 July 2020, ACRA published a consultation paper on the proposed amendments to the Companies Act (CA). The consultation period for the public consultation ends on 17 August 2020
  4. Since the Banking Regulation (Amendment) Act, 2020 has not been notified for the State Co-operative Banks and Central Co-operative Banks as yet, they are required to furnish three copies of accounts and balance sheet together with auditor's report as returns to the Reserve Bank and the National Bank (NABARD), in terms of Section 31 read with Section 56 (t) of BR Act, within six months from.
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  6. An Act to amend the Banking and Financial Services Act. Year of Act: 2020. Number of Act: No.7 of 2020. Date of assent: 23 October 2020. Date of promulgation: 26 October 2020 . Date of commencement: 23 October 2020. Download of Original File: act-banking-and-financial-services-amend-act-2020-pmd.pdf. More like this. Banking and Financial Services Act, 2005; Building Societies Amendment Act.

  1. (Amendment) Bill 2020 Bill No. /2020. Read the first time on 2020. A BILL i n t i t u l e d An Act to amend the Personal Data Protection Act 2012 (Act 26 of 2012) and to make consequential and related amendments to certain other Acts. Be it enacted by the President with the advice and consent of the Parliament of Singapore, as follows: 2 Short title and commencement 1. This Act is the Personal.
  2. Proposed amendments to the Personal Data Protection Act (PDPA) to address Singapore's evolving digital economy needs, and related amendments to the Spam Control Act (SCA), were passed in Parliament today. 2. To benefit citizens and the economy, the PDPA has been amended to: a) Strengthen consumer trust through organisational accountability; b) Enhance effectiveness of enforcement; c) Enhance.
  3. Singapore: Key amendments to the Economic Expansion Incentives (Relief from Income Tax) Act Blog Global Compliance News. Baker McKenzie Singapore August 8 2020 In brief. On 15 June 2020, the.
  4. On 20 July 2020, the Accounting and Corporate Regulatory Authority (ACRA) of Singapore published the report of the Companies Act Working Group (CAWG) (Report), wherein the CAWG proposed certain amendments to Singapore's existing Companies Act (Cap. 50) (CA) following a review of several areas of the CA (Proposed Amendments)
  5. On September 1, 2020, Singapore's Ministry of Law introduced an International Arbitration (Amendment) Bill (the Bill) that proposes two changes to the International Arbitration Act (IAA), which governs the conduct of international arbitrations seated in Singapore. The first change is the addition of default processes and timeframes for appointing arbitrators in multi-party.

The Banking Regulation (Amendment) Bill, 2020 amends the BR Act to expand RBI's regulatory control over co-operative banks in terms of management, capital, audit and liquidation. The Bill was introduced in Lok Sabha on September 14, 2020. While introducing the Bill, the Finance Minister discussed the need for the Bill to protect depositors' interest, highlighting the crisis in the Punjab. In July 2020, the Senate of the Federal Republic of Nigeria for the first time since 29 years passed a Bill to repeal the Banks and Other Financial Institutions Act (BOFIA) Cap B3 Laws of the Federation of Nigeria 2004 and re-enact the Banks and Other Financial Institutions Act (BOFIA) Cap B3 Laws of the Federation of Nigeria 2004 (Amendment) Bill, 2020. The Bill seeks to regulate banking and. Moving the Banking Regulation (Amendment) Bill 2020 for passage of the House, finance minister Nirmala Sitharaman said the legislation had been brought to protect the interest of depositors Singapore's Personal Data Protection Act 2012 (PDPA) is now a fairly old piece of legislation relative to similar acts around the globe and advancements in use of data by commercial organisations. Amendments were approved by the Singaporean parliament on 2 November 2020 that look to keep pace with those advancements, to permit businesses to.

16.07.2020 | Banking Act Direction No. 7 of 2020 | Amendments to Banking Act Directions No. 01 of 2016 on Capital Requirements under Basel III for Licensed Commercial Banks and Licensed Specialized Banks Banking Regulation Amendment Bill, 2020 passed. What it means for banks, customers Premium The Bill will replace the the Banking Regulation (Amendment) Ordinance, 2020 2 min read. Updated: 17 Sep.

On 1 December 2020, the International Arbitration (Amendment) Act 2020 (the Amendment Act) 1 came into force, introducing two of the proposed amendments to the Singapore International Arbitration Act (SIAA) that had been subject to public consultation in 2019. The new provisions introduced by the Amendment Act add to Singapore's appeal as a leading arbitral seat The Central Bank of The Bahamas Act, 2020; The Central Bank of The Bahamas Act, 2000 ; The Central Bank of the Bahamas (Amendment) Act, 2006 ; The Central Bank of The Bahamas (Amendment) Act, 2007; Back to top. Private Trust Companies. The Banks & Trust Companies (Private Trust Companies) Regulations, 2007; The Banks & Trust Companies (Private Trust Companies) (Amendment) Regulations 2012; The. Public Bills: The Agro-Investment Corporation (Amendment) Act, 2021. The Aquaculture, Inland and Marine Products and By-Products (Inspection, Licensing and Export) Act, 2014. The Arbitration Act, 2016. The Ballast Water Management Act, 2018. The Bank of Jamaica (Amendment) Act, 2020. The Bankruptcy and Insolvency Act, 2014 The Bank Recovery and Resolution (Amendment) (EU Exit) Regulations 2020 Made - - - - *** Coming into force in accordance with regulation 1(2) to (4) CONTENTS PART 1 General 1. Citation and commencement 4 PART 2 Amendment of Primary Legislation made under the European Communities Act 1972 CHAPTER 1 Amendment of the Financial Services and Markets Act 2000 2. Amendment of the Financial Services.

MUMBAI: The Indian government's amendment to the Banking Regulation Act, which allows the Reserve Bank of India (RBI) to initiate resolution of a weak bank by reconstructing its capital or merging it with another bank without putting it under moratorium is credit positive for the country's depositors, rating agency Moody's said in a report Banking, Insolvency & Fiduciary Services ; Registered Agents ; Insurance ; Investment Business ; Registered Trade Marks Agents (Amendment) Act, 2020; Notice: Financing and Money Services (Amendment) Act, 2018; Notice: The Periodic Basis For Which The Transaction Levy Collected By a Class 'A' Licensee Shall Be Paid To The Commission; Virgin Islands Deposit Insurance Act, 2016 . Governance.

Banking Regulation (Amendment) Act, 2020 Co-operative

» International Tax Co-operation ( Economic Substance) Act 2020(copy).pdf; File Options; Download; Description; Preview; Other Versions ; Goto Post; 285 downloads: Income Tax (Amendment) Act » Income Tax Amendment Act 2020.pdf; File Options; Download; Description; Preview; Other Versions; Goto Post; 246 downloads: Newsletter No 1 20191 » Newsletter No 1 20191.pdf; File Options; Download. On September 1, 2020, Singapore's Ministry of Law introduced an International Arbitration (Amendment) Bill (the Bill) that proposes two changes to the International Arbitration Act (IAA. Singapore: Personal Data Protection (Amendment) Act 2020 In Singapore: Effects On Your Business 06 November 2020 . by (Amendment) Bill 2020 just passed on 2 November 2020 seeks to strengthen the accountability of organisations, to recalibrate the balance between individual's consent and organisational accountability to harness data for appropriate and legitimate purposes, to grant greater. The COVID-19 (Temporary Measures) Act 2020 (the Act) seeks to offer temporary relief to businesses and individuals who have been affected by the COVID-19 pandemic. The Act which was passed on 7 April and the subsequent amendments on 5 June and 18 September cover the following areas: (1) Temporary relief from inability to perform. Considering the deteriorating condition of cooperative banks in the country, Lok Sabha on Wednesday passed the Banking Regulation (Amendment) Bill, 2020.The Bill proposes amendments to the Banking.

COMPANIES (AMENDMENT) ACT, 2020. COMPANIES ACT CHAPTER 250 - Companies (Appointment Of Registrar) Order, 2020. COMPANIES (AMENDMENT) ACT, 2018. COMPANIES (AMENDMENT) ACT 2013, Companies (Amendment) Act 2013. Economics Substance. Economic Substance Act, 2019. High Seas Fishing. HIGH SEAS FISHING ACT, 2013. International Business Companies. INTERNATIONAL BUSINESS COMPANIES (VARIATION OF FEES. THE COMPANIES (AMENDMENT) BILL, 2020 A BILL further to amend the Companies Act, 2013. BE it enacted by Parliament in the Seventy-first Year of the Republic of India as follows:— 1. (1) This Act may be called the Companies (Amendment) Act, 2020.(2) It shall come into force on such date as the Central Government may, by notificationin the Official Gazette, appoint

Bill to amend Banking Act introduced to rationalise

FOOD (AMENDMENT) REGULATIONS 2020 In exercise of the powers conferred by section 56(1) of the Sale of Food Act, the Minister for the Environment and Water Resources makes the following Regulations: Citation and commencement 1. These Regulations are the Food (Amendment) Regulations 2020 and come into operation on 3 April 2020. Deletion and substitution of regulation 35 2. Regulation 35 of the. Finance minister Nirmala Sitharaman introduced the Banking Regulation (Amendment) Bill Ordinance, 2020, during the first day of the monsoon session of Parliament on Monday. The amendments, which were part of the Banking Regulation (Amendment) Ordinance, promulgated on June 26, was aimed at bringing urban and multi-state cooperative banks under the ambit of the Reserve Bank of India (RBI. New Delhi: Parliament on Tuesday passed amendments to the Banking Regulation Act to bring cooperative banks under the supervision of the RBI, a move aimed at protecting the interest of depositors. The Banking Regulation (Amendment) Bill, 2020, which replaces an ordinance that was promulgated on June 26, was passed by a voice vote in Rajya Sabha LS passes Banking Regulation (Amendment) Bill, more powers to RBI over UCBs The Bill intends to empower co-operative banks to raise equity or unsecured debt capital from the public subject to prior RBI approval. Topics Lok Sabha | Banking Regulation Act | Monsoon session of Parliament. Abhijit Lele | Mumbai Last Updated at September 17, 2020 00:42 IST. Follow us on : The passage of the bill to.

Current Affairs March 2017 INDIAN AFFAIRS 1

September 20, 2020 admin FCRA, Legal news. The Foreign Contribution (Regulation) Amendment Bill 2020 has been introduced in the Lok Sabha on 20th September 2020. The Bill proposes a number of drastic changes to the law governing receipt of foreign contributions and which will have a detrimental impact on charitable institutions in India The Bank of Jamaica (Amendment) Act, 2020, aimed at modernising and strengthening the operations of the Central Bank by improving its governance, was approved in the Senate during its sitting on..

Explanatory Brief on Banking (Amendment) Bill 201

This Act is the Treasury Laws Amendment (Combating Illegal Phoenixing) Act 2020. (1) Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms. 1 The Central Bank of Kenya (Amendment) Bill, 2020 (the Bill) was recently published and is expected to be presented for discussion by Parliament.Although the Bill is the latest attempt to introduce direct regulation of the digital financial sector in Kenya, if enacted, it would also expand the Central Bank of Kenya's (the CBK) regulatory jurisdiction over non-digital financial products and. The Banking Act was a supplement to the previous acts related to banking. Amendments. In 2020, Finance Minister Nirmala Sitaraman introduced a bill to amendment the Act. The bill sought to bring all cooperative banks under the Reserve Bank of India. It brought bring 1,482 urban and 58 multi-state cooperative banks under the supervision of the RBI. The bill granted the RBI to initiate a scheme. The Banking Laws (Amendment) Act, 1983 (1 of 1984) 68. The Industrial Reconstruction Bank of India Act, 1984 (62 of 1984) 69. The Banking Laws (Amendment) Act, 1985 (81 of 1985) 70. The National Housing Bank Act, 1987 (53 of 1987) 12 71. The Banking Public Financial Institutions and Negotiable Instruments Laws (Amendment) Act, 1988 (66 of 1988) 72. The Small Industries Development Bank of. Date: 14 Sep 2020 Our Ref: CD/FSSD/12/02/03/01 Registrar, Board of Architects Registrar, Professional Engineers Board President, Singapore Institute of Architects President, Institution of Engineers, Singapore President, Association of Consulting Engineers, Singapore Dear Sir/Mdm, AMENDMENTS TO FIRE CODE 2018 - 5TH BATCH OF AMENDMENTS

KUALA LUMPUR, Aug 25 — The Insolvency (Amendment) Bill 2020 aimed at amending the Insolvency Act 1967 (Act 360) has been passed with a simple voice majority in the Dewan Rakyat. Minister in the Prime Minister's Department Datuk Takiyuddin Hassan, when tabling the bill, said Act 360 was amended.. The UK is required to transpose the BRRD II amendments by Monday 28 December 2020. The amendment proposed in this CP, is a minor change to reflect the statutory reference to the Banking Act definition of 'excluded liability' in the Contractual Recognition Part of the PRA Rulebook. The reinstated CROB Rules would therefore be updated to account for the SI amendments. amend the Stay in. Amendments have also been made to Section 44 of the same act. Now, those convicted of driving under the influence of alcohol or drugs to the extent of causing death are set to face a jail term. April 14, 2015 Dear All Welcome to the refurbished site of the Reserve Bank of India. The two most important features of the site are: One, in addition to the default site, the refurbished site also has all the information bifurcated functionwise; two, a much improved search - well, at least we think so but you be the judge

Bills Introduced Parliament Of Singapor

The representatives of Sahakara Dharma Peetam, which claims to be a Dharmik Samstha propagating cooperative principles and ethics, met th Reserva un Hotel en Singapur, Singapur. Precios óptimos. Pague en el hote In this article, we provide an update on the amendments to the COVID-19 (Temporary Measures) Act 2020 (the Act) and related subsidiary legislation that came into force on 30 September 2020.

Legislation - Law of Singapor

In response to the coronavirus pandemic, Singapore has announced three economic stimulus packages within a span of two months and has also introduced the COVID-19 (Temporary Measures) Act to offer temporary relief to businesses and individuals who are unable to fulfil their contractual obligations because of Covid-19.. Here you will find a range of analysis on how businesses can take steps. Active Mobility (Amendment No. 2) Act 2020; Banking (Amendment) Act 2020; Building Control (Amendment) Act 2020; Constitution of the Republic of Singapore (Amendment) Act 2020; COVID-19 (Temporary Measures) Act 2020; COVID-19 (Temporary Measures for Solemnization and Registration of Marriages) Act 2020; Economic Expansion Incentives (Relief from Income Tax) (Amendment) Act 2020 ; Estate Agents.

Following the Singapore Ministry of Communications and Information (MCI) and the Personal Data Protection Commission of Singapore (PDPC) public consultation in May this year (Public Consultation), the Personal Data Protection (Amendment) Bill (Bill) was introduced and had its first reading in Parliament on 5 October 2020 Parliament of Singapore, as follows: Short title and commencement 1. This Act is the Hazardous Waste (Control of Export, Import and Transit) (Amendment) Act 2020 and comes into operation on a date that the Minister appoints by notification in the Gazette. 5 Amendment of section 2 2. Section 2(1) of the Hazardous Waste (Control of Export, Import and Transit) Act (called in this Act the.

Amendments to the Penal Code and criminal provisions in other legislation will come into effect on 1 January 2020. They comprise the majority of amendments introduced through the Criminal Law Reform Act (CLRA) and Protection from Harassment (Amendment) Act, which were passed by Parliament on 6 and 7 May 2019 respectively. These amendments keep our legislation up-to-date with emerging trends. Following our previous article (COVID-19 (Temporary Measures) Act 2020: Legal circuit breaker), a number of regulations were introduced on 20 April 2020 which sets out the relevant details and processes for a party which seeks temporary relief for contractual non-performance as well as the dispute resolution mechanism where there is a dispute regarding a party's entitlement to such relief Central Banking (Amendment) Act 2020: 10/09/2020: 30/09/2020: 14: Appropriation (General Public Services Expenditure 2020)(Amendment) Act 2020: 09/09/2020: 09/09/2020: 13: Public Curator (Amendment) Act 2020: 09/06/2020: 14/08/2020: 12: Prime Minister & National Executive Council (Amendment) Act 2020: 09/06/2020 : 26/06/2020: 11: Oil & Gas (Amendment) Act 2020: 10/06/2020: 26/06/2020: 10. Lok Sabha: Finance Minister Nirmala Sitharaman moves Bill to amend the Banking Regulation Act, 1949. We are trying to bring this amendment to protect the depositors. As in some unfortunate situation in banks, depositors are put to hardship, FM Sitharaman. Film industry is facing a huge financial crisis The Banking (Amendment) Bill 2020 has been passed in Rajya Sabha. In her reply, Finance Minister Sitharaman highlighted that the bill is to protect the interest of depositors

Banking Regulation (Amendment) Act, 2020 - Tax Gur

On 14 May 2020, the Singapore Ministry of Communications and Information (MCI) and the Personal Data Protection Commission of Singapore (PDPC) announced a public consultation (the Public Consultation) on the draft Personal Data Protection (Amendment) Bill (the Draft Bill) and related amendments to the Spam Control Act (SCA).The Public Consultation will take place from 14 May 2020 to 28 May 2020 REPUBLIC OF SINGAPORE No. 6 of 2020. I assent. HALIMAH YACOB, President. 20 February 2020. An Act to amend the Hazardous Waste (Control of Export, Import and Transit) Act (Chapter 122A of the 1998 Revised Edition), and to make consequential amendments to the Insolvency, Restructuring and Dissolution Act 2018 (Act 40 of 2018). Be it enacted by the President with the advice and consent of the. Singapore's restrictions on speech tightened in 2019 with the passage of the overly broad Protection Against Online Falsehoods and Manipulation Act. Authorities continued to use existing laws to. First published in the Government Gazette, Electronic Edition, on 7 April 2020 at 11.59 pm. No. S 254 COVID-19 (TEMPORARY MEASURES) ACT 2020 (ACT 14 OF 2020) COVID-19 (TEMPORARY MEASURES) (CONTROL ORDER) REGULATIONS 2020 ARRANGEMENT OF REGULATIONS PART 1 PRELIMINARY Regulation 1. Citation and period in force 2. Definitions 3. Application PART Banking Amendment Acting rk of the Parliament No. 10 In the name and on behalf of Her Majesty Queen Elizabeth the Second I hereby assent to this Act this day of I sék Queen's ANALYSIS Title Commencement Principal Act amended Section 9 amended 2020 epresenta 'v An Act to amend the Banking Act 2011 to allow an international banking licence to be issued to a person who does not hold a domestic.

(representatives from the private banking industry), was established in January 2010 with the support of the Monetary Authority of Singapore (MAS) to further strengthen the competency and market conduct standards of the private banking industry in Singapore This is an evolving framework; in November 2020, an amendment Bill to the Payment Services Act was introduced in Parliament, aimed at implementing enhanced FATF standards. When the Bill is passed into law, the regulatory framework for virtual asset service providers will be strengthened. Further, cross-border money transfer services of certain kinds will become subject to MAS's AML/CFT. Singapore: Non-budget amendments from the Income Tax Amendment Bill 2020. Sivakumar Saravan and Liew Kin Meng of Crowe Singapore consider the key provisions from the amendments including the surcharge for tax avoidance arrangements, and car-related expenses. The Bill proposes legislative amendments to effect changes to the Income Tax Act

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