News
AOL stop support of newsgroups
Posted On Thursday, January 27, 2005
America Online confirmed that it will stop supporting access to newsgroups, a once-popular feature on the Internet that has since become overshadowed by message boards and blogs.
US Court held that BlackBerry Infringes US Patents
Posted On Wednesday, January 26, 2005
In December 2004, the US Court of Appeal for the Federal Circuit ruled that Research In Motion, the creators of Blackberry, infringed on hNTP Inc.’s patents.
The Court however reversed an injunction from a Richmond, Va., trial court’s decision and passed the case back to the district court.
Second Reading in Parliament of the Telecommunications (Amendment) Bill 2004
Posted On Wednesday, January 26, 2005
The Bill introduces five main proposed amendments to the Telecommunications Act.
They concern the:-
(a) Control, consolidation and acquisition of telecom licensees.
(b) Sharing of telecommunication infrastructure for broadcasting services.
(c) Provision of space for telecommunication equipment.
(d) Penalty framework of powers given to IDA.
(e) Reconsideration and appeal process of IDA's decisions.
Second Reading in Parliament of The Financial Advisers (Amendment) Bill 2005
Posted On Wednesday, January 26, 2005
This Bill seeks to amend the Financial Advisers Act ("FAA") concurrent with the amendments to the Securities and Futures Act ("SFA"). It aims to ensure that the regulation of Financial Advisers remains business friendly, while still maintaining high standards that promote the fair treatment of customers.
Second Reading in Parliament of the The Securities and Futures (Amendment) Bill 2005
Posted On Wednesday, January 26, 2005
The Securities and Futures Act (SFA), enacted in October 2001, sought to provide a legislative framework for a market and disclosure-based approach to regulating our capital markets. The Bill aims to strengthen the foundations underpinning Singapore's market and disclosure-based regulatory regime. It aims at sound standards without excessive costs.
Limited Liability Partnership Act passed
Posted On Wednesday, January 26, 2005
A Limited Liability Partnership (LLP) is a business structure that offers all its members some form of limited liability while
retaining the flexibility of operating the LLP as a traditional partnership.
MAS Issues Consultation Paper On Draft Regulations And Guidelines Pursuant To Securities And Futures Act And Financial Advisers Act
Posted On Wednesday, January 26, 2005
The Securities and Futures (Amendment) Bill 2005 and the Financial Advisers (Amendment) Bill 2005 were passed in Parliament on 25 January 2005. MAS will be issuing new Regulations and Guidelines, and also amending certain existing Regulations. MAS invites interested parties to provide their views and comments on the draft Regulations and Guidelines.
MAS requests that all comments and feedback be submitted by 25 February 2005.
Singapore To Accede To The International Convention On Limitation Of Liability For Maritime Claims (Llmc), 1976
Posted On Tuesday, January 25, 2005
Singapore deposited an instrument of accession to the International Convention on Limitation of Liability for Maritime Claims (LLMC), 1976 at the International Maritime Organisation (IMO) in London on 24 Jan 05. The accession will take effect on 1 May 05.
Parks And Trees Bill Passed
Posted On Tuesday, January 25, 2005
The Second Minister for National Development moved the Parks and Trees Bill for second reading in Parliament on 25 Jan 2005. The Bill was passed by Parliament.
Explanatory Brief: Trust Companies Bill 2005
Posted On Tuesday, January 25, 2005
The Minister for Education and Deputy Chairman of the Monetary Authority of Singapore (MAS) today moved the Trust Companies Bill 2005 (the Bill) for first reading in Parliament.
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