Legal Services Interest Group Meeting

The SICC Legal Services Interest Group is pleased to invite you to join the group in its next seminar on Payment Services Act 2019. The seminar is open to SICC members – please send this email to relevant lawyers (senior and junior) in your firm as this is a fabulous opportunity to hear from the Monetary Authority of Singapore on the new payments framework.

It will be presented by Jo Yeo, Deputy Director, FinTech & Innovation Group, and Angelyn Cheng, Senior Legal Counsel, Legal Department from Monetary Authority of Singapore, and hosted at Freshfields Bruckhaus Deringer’s office.

The Payment Services Act 2019, passed in Parliament earlier this year, will fundamentally refresh payment services regulations in Singapore. The Act streamlines the regulation of payment services within a single activity-based legislation, and will replace the existing legislation for payment systems oversight, money changing and remittance businesses. It will provide a more conducive environment for innovation in payment services, whilst ensuring that risks across the payments value chain are mitigated. The team from MAS will share how the new Act will enhance the regulatory framework for payment services in Singapore, strengthen consumer protection and engender confidence in the use of e-payments. Learn about the journey towards regulation that is modular, activity-based and facilitative of growth and development in the Singapore payments landscape.

Date

17 April 2019

Time

Registration – 4.45pm

Seminar – 5.00pm

Networking Drinks – 6.00pm

Venue

Freshfields Bruckhaus Deringer

10 Collyer Quay

#42-01 Ocean Financial Centre

Singapore 049315

To register for this session, please access this webform to submit your registration details: https://bit.ly/2XD3knP

Should you have any questions, please reach out to sicclsc@sicc.com.sg.