Singapore: Introduced Protection From Scams Bill (Bill No. 43/2024)
Description
Introduced Protection From Scams Bill (Bill No. 43/2024)
On 11 November 2024, the Ministry of Home Affairs introduced the Protection from Scams Bill in the Parliament of Singapore. The Bill aims to empower the police to issue restriction orders (ROs) to banks in order to restrict transactions of individua…
Scope
Policy Area
Consumer protection
Policy Instrument
Consumer protection authority governance
Regulated Economic Activity
other service provider
Implementation Level
national
Government Branch
legislature
Government Body
parliament