Professional Services/Legal

MinLaw opens public consultation on legal practice regulations

MinLaw is evaluating whether the current framework remains fit for purpose.

SG wealth fund GIC sues Nio in US court over alleged inflated revenues

GIC alleged that the group made "materially false and/or misleading statements."

CCCS launches new guide on clear, accurate marketing

The guide sets out five principles for making product claims.

Gov’t to stop use of Child Dev’t Accounts at optical shops, retail pharmacies

This decision followed audit findings that showed a higher risk of misuse at these outlets.

Meta asked to remove government impersonation scams

Meta could be fined up to $1m for non-compliance by 30 September.

Singtel’s Optus hit with $84.9m fine over sales practices

The penalty was fully accounted for in Optus' 2024/25 results.

Mandatory insurance may boost SME trust in small audit firms

Minimum coverage starts at $1m, rising with the size of the firm up to $50m.

Gov’t recommends 10 key reforms for platform workers protection

Operators must notify the MoM if they suspect a worker is allowing a foreigner to misuse their account.

SAL launches LawNet 4.0 with AI model for contract law research

A key feature is the GPT-Legal Q&A model that supports natural language queries.

Police investigate PUB contract irregularities after AGO findings

25 significant lapses were discovered by AGO in its overall evaluation.

Duxton Hill Chambers expands cross-border reach with London launch

Its members will handle litigation and international arbitration work within and from the UK.

Singapore Paincare faces $350k to $450k in claims for alleged sums owed

The claims relate to services Lim Seow Yuen said she provided to the company in 2020.

SGX asks SDAI to resolve internal control weaknesses

The report found concerns, including misuse of past fundraising proceeds.

MoM simplifies lifting equipment tests for businesses

This will provide flexibility by allowing occupiers to appoint competent persons.