Stella Cramer (SG)

Firm/Organization: Norton Rose Fulbright

Blogs: Data Protection Report, Financial services: Regulation tomorrow

Latest Articles

Singaporean court’s decision in relation to cryptocurrency trading has implications for cryptocurrency trading mistakes, smart contracts, artificial intelligence and whether cryptocurrency is property

By Stella Cramer (SG), Sophy Teng, Matthew Buckle, Michael Sinclair (UK) & Cara Dowling

September 24, 2019

The Singapore International Commercial Court has published its first cryptocurrency judgment. In this briefing note we discuss the key novel points arising from the case (B2C2 Ltd v Quoine Pte Ltd [2019] SGHC(l) 3) and consider the implications for digital assets, smart contracts and artificial intelligence.…

Data Protection Report

Singapore’s new Cybersecurity Act comes into force: Here’s what you need to know

By Stella Cramer (SG), Wilson Ang (SG), David Olds (SG), Jessica Paulin (SG) & Jeremy Lua (SG)

September 6, 2018

The much discussed Cybersecurity Act 2018 (Act. 9 of 2018) (the Act), which was passed by the Singapore Parliament on 5 February 2018, came into force on 31 August 2018 [1]. The new law creates a regulatory framework for the monitoring and reporting of cybersecurity threats to essential services in Singapore through the appointment of the Commissioner of Cybersecurity. It also creates a licensing regime that will require certain data security service providers in Singapore to…

Data Protection Report

Singapore PDPC responds to feedback on public consultation on approaches to managing personal data

By Stella Cramer (SG), Wilson Ang (SG), Jessica Paulin (SG), David Olds (SG) & Jeremy Lua (SG)

March 11, 2018

CISA cybersecurity sharing — HTML code over deep blue background

On 1 February 2018, Singapore Personal Data Protection Commission (PDPC) released its response to feedback on its public consultation on approaches to managing personal data in the digital economy, which took place in Q3 2017 (the Public Consultation). The purpose of the Public Consultation, was to seek public feedback on proposed changes to Singapore’s data protection regime, the Personal Data Protection Act (PDPA). The key proposed changes to the PDPA include the relaxation of the…

Data Protection Report

Singapore passes new Cybersecurity Bill: Here’s what you need to know before it comes into force

By Stella Cramer (SG), Wilson Ang (SG), David Olds (SG), Jessica Paulin (SG) & Jeremy Lua (SG)

February 14, 2018

The Singapore Parliament passed the much discussed Cybersecurity Bill (the Bill) on 5 February 2018 and it is anticipated that the new law will come into force soon.[1] The new law creates a regulatory framework for the monitoring and reporting of cybersecurity threats to essential services in Singapore through the appointment of the Commissioner of Cybersecurity. It also creates a licensing regime that will require certain data security service providers in Singapore to…

Data Protection Report

Singapore proposes changes to cybersecurity and data protection regimes

By Stella Cramer (SG), Wilson Ang (SG), Magdalene Lie (UK) & Jeremy Lua (SG)

September 25, 2017

iStock_000005679834_Large - security monitors surveillance

In a bid to keep pace with advancements in the technological landscape, the Singapore Government has in recent months embarked on public consultations on its draft Cybersecurity Bill (the Cyber Bill) and its proposed amendments to Singapore’s Personal Data Protection Act (PDPA) to update the country’s data protection regime. These changes will have a significant impact on how companies manage personal data and secure their information systems. This article seeks to summarise the proposed changes…

Data Protection Report

Singapore – Comprehensive Cyber Bill Published For Consultation

By Stella Cramer (SG), Wilson Ang (SG) & Jeremy Lua (SG)

July 15, 2017

Singapore city skyline night — Singapore city skyline at night

Overview: On 10 July 2017, the Singapore Government unveiled its draft Cybersecurity Bill (the Bill) and announced a public consultation to seek views and comments from the industry and members of public. The public consultation runs from 10 July to 3 August 2017.This Bill comes on the back of various moves by the Singapore Government to strengthen its approach to cybersecurity, starting with the setting up of the Cyber Security Agency (CSA) in April 2015,…

Financial services: Regulation tomorrow

Singapore – Comprehensive Cyber Bill Published For Consultation

By Stella Cramer (SG), Wilson Ang (SG) & Jeremy Lua (SG)

July 13, 2017

Overview: On 10 July 2017, the Singapore Government unveiled its draft Cybersecurity Bill (the Bill) and announced a public consultation to seek views and comments from the industry and members of public. The public consultation runs from 10 July to 3 August 2017. This Bill comes on the back of various moves by the Singapore Government to strengthen its approach to cybersecurity, starting with the setting up of the Cyber Security Agency (CSA) in April…

Data Protection Report

Singapore cybersecurity – new amendments introduce four key changes

By Stella Cramer (SG), Wilson Ang (SG), Magdalene Lie (UK) & Jeremy Lua (SG)

March 24, 2017

Singapore’s Ministry of Home Affairs has announced amendments to the Republic’s cybersecurity laws, i.e. the Computer Misuse and Cybersecurity Act (CMCA), after a series of high-profile cyberattacks in recent years. The Computer Misuse and Cybersecurity Amendment Bill (the Bill), which will be discussed when Parliament sits on 3 April 2017, introduces four key changes to the CMCA: Making it an offence to obtain, retain or supply personal information obtained through cybercrime Making it an offence…

Financial services: Regulation tomorrow

Singapore FinTech: Regulatory Sandbox open for applications

By Stella Cramer (SG) & Gigi Cheah (SG)

November 17, 2016

Singapore’s financial regulator, the Monetary Authority of Singapore (MAS), has launched guidelines for its FinTech Regulatory Sandbox, which is now open for applications. The regulatory sandbox is available to financial institutions or any interested firm that wishes to experiment with innovative financial services in a production environment but within a defined space and duration. The guidelines explain the objectives of the regulatory sandbox and provide guidance on the application process including: A template application form;…

Financial services: Regulation tomorrow

Singapore outsourcing: New guidelines for Financial Institutions

By Stella Cramer (SG), Gigi Cheah (SG) & Jeremy Tan (SG)

August 1, 2016

The Monetary Authority of Singapore has released its new outsourcing guidelines to financial institutions, which apply to existing outsourcings. Financial institutions have until 27 October 2016, to carry out a self-assessment of all existing outsourcing arrangements against the new guidelines. The guidelines also cover the use of cloud services and a revision to the definition of “material outsourcing arrangement”. For further information on the requirements of the new guidelines please read our full update.…

Stella Cramer (SG)

Singaporean court’s decision in relation to cryptocurrency trading has implications for cryptocurrency trading mistakes, smart contracts, artificial intelligence and whether cryptocurrency is property

Singapore’s new Cybersecurity Act comes into force: Here’s what you need to know

Singapore PDPC responds to feedback on public consultation on approaches to managing personal data

Singapore passes new Cybersecurity Bill: Here’s what you need to know before it comes into force

Singapore proposes changes to cybersecurity and data protection regimes

Singapore – Comprehensive Cyber Bill Published For Consultation

Singapore – Comprehensive Cyber Bill Published For Consultation

Singapore cybersecurity – new amendments introduce four key changes

Singapore FinTech: Regulatory Sandbox open for applications

Singapore outsourcing: New guidelines for Financial Institutions

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