Author: Seng Siew Lim
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The AI Pivot – Maximising the 2026 Budget Incentives for Your SME
The message from the Singapore Budget 2026 is unambiguous: Artificial Intelligence is no longer a “good-to-have” experiment for the elite; it is a foundational utility for the survival of every Small and Medium Enterprise (SME). Prime Minister Lawrence Wong’s announcement of a massive push to support 10,000 enterprises in AI adoption over the next three…
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AML Risk Management for Businesses in Singapore: A Guide for “Gatekeeper”Industries
Singapore’s AML compliance has evolved, targeting “gatekeepers” like non-bank businesses. Regulators now require integrated risk-based safeguards to combat money laundering, terrorism financing, and proliferation financing, ensuring businesses protect economic integrity.
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AI and the Singapore Lawyer 1: Generative AI Demystified—A Practical Roadmap for the Modern Practitioner
Generative AI isn’t just futuristic hype. It’s a handy tool for Singapore lawyers to streamline tasks, but it’s essential to understand its limits and verify its outputs.
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Risk of Using Generative AI in Legal Practice
I used Gen AI to help me research Singapore contract cases. This is what it gave me.
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The Material Adverse Change (or MAC) Clause
Material Adverse Change (MAC) clauses in contracts allow parties to terminate deals due to significant adverse changes. Their complexity often requires careful negotiation to define materiality, ensuring clarity for all involved.
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Term Sheets, Memoranda of Understanding and Letters of Intent – Same Same or Different?
In deal negotiations, a ‘non-binding’ document known as a term sheet, MOU, or LOI outlines key parameters. While terms may vary, their purpose is similar.
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Online Safety in Singapore – The Recent Online Safety (Miscellaneous Amendments) Bill
Singapore, like many countries around the world, is on a trend to regulate online content to enhance the online safety of users. UK has its own Online Safety Bill as does Ireland’s Online Safety and Media Regulation Bill and the EU’s Digital Services Act. Singapore’s Online Safety (Miscellaneous Amendments) Bill was passed in Parliament on…
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Singapore Laws on the Internet (Updated 2023)
Updated listing of available legal resources on Singapore law on the Internet.
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Cyber-hygiene and Phishing Part 4: Other Steps to Take to Protect Yourself
In this part, Lim Seng Siew of OTP Law Corporation, a digital economy lawyer talks about what other steps to take to reduce the chances of you becoming a victim of a data breach or hack.
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Cyber-hygiene and Phishing Part 3: Simple Steps to Protect Yourself
In this part, Lim Seng Siew of OTP Law Corporation, a digital economy lawyer talks about what are the simple steps to take to reduce the chances of you becoming a victim of a data breach or hack.
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Sixty Percent Additional Buyer’s Stamp Duty on Foreigners Buying Singapore Residential Property
In the third round of cooling measures since December 2021, Singapore announced the steepest rise in stamp duty for foreign buyers just before mid-night on 26 April 2023. Minister for National Development, Mr Desmond Lee said that these are pre-emptive measures to dampen demand for residential properties so that Singaporeans who are buying their property to…
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The Life-Cycle of a Start-Up: From Cradle to Grave (Part 3)
What do the terms acquisitions, mergers, takeovers, joint ventures, MBOs or acqui-hire mean? Some terms for founders of a start-up to know about.
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