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The Monetary Authority of Singapore (MAS) released a policy consultation paper on the proposed amendments to the Property Fund Guidelines ("REIT Guidelines").

The Ministry of Information, Communications & the Arts (MICA) is embarking on a public consultation to seek feedback from the industry and members of the public on the draft Postal Services (Amendment) Bill, which will effect amendments to the existing Postal Services Act.

In the Opening Address By Ms Grace Fu, Minister Of State For National Development, At The BCA Green Mark Seminar "Greening The Built Environment" 2007 At Shangri-La Hotel, 20 March 2007, she spoke about the updates on Green Building Masterplan that included legislation to impose minimum requirements on environmental sustainability.

Singapore and Japan have amended the Japan-Singapore Economic Partnership Agreement (JSEPA) to bring about greater liberalisation in trade of goods and services.

The new Solicitors Code of Conduct will come into effect from 1 July, 2007, the Solicitors Regulation Authority (SRA) announced on 19 March 2007.

The Intellectual Property Office of Singapore (IPOS) has published a draft Copyright (Excluded Works) Order 2007 for public consultation as of 15 March 2007. Public will have from 15 March to 14 April 2007 to review and comment on the draft 2007 Order.

National University of Singapore’s Faculty of Law partners leading law school from the United States to offer students opportunity to get both a Bachelor’s and Master’s Degree in Law with no additional time added to their normal period of study.

The Malaysian Bar is considering the potential to further liberalise the legal sector where currently foreign players are limited to Labuan, said the International Trade and Industry Minister, Rafidah Aziz during the opening of Zaid Ibrahim & Co's overseas office in Bangkok on 8 March 2007.

Senior Minister of State for Law Associate Professor Ho Peng Kee tabled the Legal Profession (Amendment) Bill in Parliament on 9 March 2007. The main aim of the Bill is to implement the recommendations made by the Review Committee formed to evaluate the Joint Law Venture (JLV) and Formal Law Alliance (FLA) schemes, and the recommendations of the Third Committee of Supply of Lawyers. Both committees were chaired by former Attorney-General Chan Sek Keong. These recommendations were earlier publicised.

In a Statement by the Senior Minister Of State For Information, Communications And The Arts, Dr Balaji Sadasivan on The New Media in Parliament during COS Debate (MICA) on 3 March 2007, he addressed the three-pronged approach MICA will be taking in managing the new media: first, a light-touch regulatory framework, two, industry self-regulation and thirdly, public education.

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