Telecoms, data and payments transactions, M&A, JVs, SHAs, network-sharing, SaaS
This article was published in October 2014 and reflects the regulatory position at that time. For current guidance on this topic, contact Bratby Law or see our latest insights. The Monetary Authority of Singapore (“MAS“) is consulting on a new notice and guidelines on outsourcing. Having already commented on its positive message for cloud services, this post addresses the rest…
There should be relief at the moment felt by financial institutions and cloud service providers alike, following the release of the MAS’s consultation on the proposed new outsourcing notice and updated guidelines as mentioned in Rob’s previous post. The MAS doesn’t use the word “cloud” expressly in its consultation. However, the MAS has made important changes…
Myanmar is a country with tremendous opportunities, but also tremendous risks. I was fortunate enough to host and chair a seminar in Singapore yesterday on responsible investment into Myanmar. Introduction by Rt. Hon Hugo Swire MP The seminar started with an introduction and overview by the Rt. Hon Hugo Swire MP, Minister of State, Foreign and Commonwealth Office. Hugo…
On Friday 5 September, the Monetary Authority of Singapore (which regulates financial institutions in Singapore) published a consultation on revising its existing guidelines on outsourcing. Responses are due by the 7th October. Subscribe below for updates on transactions, or contact Rob Bratby at Bratby Law.
Ofcom this week published its most recent report comparing the UK’s communications (telecoms, TV, radio, web and post) market with 16 other countries, including China, India and Japan. Whilst Ofcom’s press releases have focused on the comparatively good performance of the UK (which oddly enough seems to reflect well on the UK regulator – Ofcom),…
This article was published in December 2013 and reflects the regulatory position at that time. For current guidance on this topic, contact Bratby Law or see our latest insights. Singapore’s Infocomm Development Authority (IDA) has launched a new cloud security standard: Multi-Tier Cloud Security (MTCS) Standard For Singapore (SS 584). The IDA explains that the objective of…
On 1 April the government of Singapore adopted a ‘Intellectual Property (IP) Hub Master Plan: Developing Singapore as a Global IP Hub in Asia’. Despite the date, this is emphatically no joke. The plan helpfully summarises its key aspects in the following diagram: The initiatives adopted are: OUTCOME / ENABLER KEY STRATEGY INITIATIVE Outcome 1:A hub for…
International arbitration to provide unbiased disputed resolution mechanism for international investors Myanmar’s long isolation from the international community has meant that it has lacked many of the protections available to international investors elsewhere. It is therefore very encouraging that on 7 March 2013 the Myanmar parliament agreed to sign the New York Convention on the…
I was fortunate this week to be both a speaker and a panellist at Questex Asia’s ‘BYOD and Mobile Security conference held in Singapore. It turned out I was the only lawyer in a room of 200 plus IT people, which was an interesting experience. Having made my presentation (Olswang_Asia_BYOD_presentation) my conversations with delegates brought home…
Whilst the focus of this blog is the intersection of telecoms and technology with law and regulation, it does occasionally stray into ‘softer’ topics. With the first anniversary of our Singapore office coming up after the lunar new year, I was reflecting on what I had learnt in my time here. Just after arrival I had blogged about the importance of…
When I opened my (electronic) Financial Times this morning, the headline ‘China slowdown hits Asian growth hopes’ seemed rather gloomy. As an expat European, I was bracing myself for bad news to follow, so was rather cheered to read the actual growth forecast for the region of 6.1%. Whilst that is a downward revision from the 6.9% forecast earlier in…
Earlier this week, a draft of the Singapore Data Protection Bill was introduced to the Singapore parliament. This draft follows a MICA consultation on a prior draft and removes some of the more controversial aspects of the prior draft, most notably a provision that attempted to assert extra-territorial jurisdiction. Although this will be a significant change…