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United States: AI tug-of-war – Trump pulls back Biden’s AI plans

In brief On January 20, 2025, the first day of his second term, President Trump revoked Executive Order 14110 on Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence (“Biden Order”), signed by President Biden in October 2023. In doing so, President Trump fulfilled a campaign pledge to roll back the Biden Order, which the 2024 Republican […]

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Singapore: Government in talks with Australia on potential social media ban for children

In brief On 28 November 2024, the Australian Government passed a law banning social media for children under the age of 16. The Australian Government’s recent move has raised questions in Singapore on the assessment and effectiveness of such bans, and whether there is a possibility of introducing a similar ban in Singapore. These questions

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Singapore: First Reading of the Maintenance of Racial Harmony Bill

In brief The Ministry of Home Affairs (MHA) introduced the Maintenance of Racial Harmony Bill (“Bill“) and the Constitution of the Republic of Singapore (Amendment) Bill in Parliament for First Reading on 7 January 2025. The Bill introduces specific legislation on racial harmony and consolidates the government’s existing powers to deal with racial issues and

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Singapore: Launch of Expanded ASEAN Guide on AI Governance and Ethics — Generative AI

In brief The Expanded ASEAN Guide on AI Governance and Ethics — Generative AI (“Guide“) was launched during the fifth ASEAN Digital Ministers’ Meeting on 16-17 January 2025. The Guide supplements the ASEAN Guide on AI Governance and Ethics (2024) (“ASEAN 2024 Guide“), which focuses on traditional AI technologies and includes policy considerations relevant to generative AI

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Singapore: New Online Safety Code of Practice for App Distribution Services launched by IMDA

In brief The Infocomm Media Development Authority (IMDA) has launched a Code of Practice for Online Safety for App Distribution Services (ADSs) (“Code“), which requires designated ADSs to implement system-level measures to reduce the risk of exposure to harmful content for users, particularly for children. The Code will take effect starting 31 March 2025. In more detail

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Singapore: Parliament passes Protection from Scams Bill on 7 January 2025

In brief The Singapore Parliament has passed the Protection from Scams Bill (“Bill“). The Bill is intended to address the concerning situation surrounding scams in Singapore, with a high number of scams being observed despite other recent measures and extensive public education efforts in recent years. In more detail The Bill was passed on 7

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Harnessing Digital Innovation for Sustainable Development

The digital economy in Southeast Asia is expanding at an unprecedented rate, driven by rapid technological advancements and increasing internet penetration. Digital transformation of key sectors including financial services, e-commerce, online travel, food delivery, and transformation have led to double-digit growth in regional gross merchandise value transactions since 2022. However… Source

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The ASEAN DEFA: Empowering Indonesia’s MSMEs

By Karaniya Dharmasaputra, President Director of OVO, and Raissa Imandari, Public Affairs Manager of OVO FinansialA decade ago, Indonesians relied on local word-of-mouth to find the best meatball soup in their neighbourhood, often enjoying it at a small street stall that had survived generations thanks to repeat customers. Today, technology has fundamentally altered this experience.

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Korea Sets Roadmap for Opening Crypto Market to Corporate Participation

Charities, universities and virtual asset exchanges will soon be allowed to sell crypto they receive as donations and fees. To continue reading… Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial regulation. Select More

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SBTi Proposes Revision of Corporate Net Zero Standard

The revisions aim to ensure the Corporate Net Zero Standard works better for businesses and accelerates climate action. To continue reading… Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial regulation. Select More Information

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