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On 11 March 2025, the Insurance Commission (IC) and the National Privacy Commission (NPC) issued Joint Advisory No. 2025-001 (“Joint Advisory”), or Considerations on the Use of Privacy Enhancing Technologies (PETs) in the Insurance Industry.
The Joint Advisory values the adoption of PETs in the insurance industry, which may supplement existing privacy-preserving practices to mitigate data privacy risks and ensure protection of personal data processed by personal information controllers (PICs) and personal information processors (PIPs).

The Infocomm Media Development Authority (IMDA) has released a new set of advisory guidelines (Advisory Guidelines) aimed at enhancing the resilience and security of cloud services and data centers in Singapore. These Advisory Guidelines are part of Singapore’s broader digital infrastructure strategy and reflect growing emphasis on the systemic importance of digital services and infrastructure to both the economy and daily life.

Over the past week there have been two significant announcements by US Financial Crimes Enforcement Network and the US Department of the Treasury with respect to the filing of beneficial ownership information (BOI) reports under the Corporate Transparency Act (CTA). Based on these announcements, foreign reporting companies should technically continue complying with the BOI requirements, though there will be no consequences for failing to do so until new regulations are issued. As to domestic reporting companies, there should not be any enforcement of the CTA against such companies or consequences if such companies fail to file BOI reports.