Assoc Prof Jamus Jerome Lim asked the Prime Minister whether the Government has considered instituting mandatory or default opt-in cooling-off periods of a short duration for large, potentially anomalous transactions involving cross-border fund transfers, to allow for fund recovery in cases where victims become aware of the fraudulent nature of the scam relatively soon after they areContinue reading “PROPOSAL FOR OPT-IN DEFAULT COOLING-OFF PERIOD FOR CROSS-BORDER FUND TRANSFERS OF LARGE AMOUNTS TO PREVENT FRAUD”
Category Archives: Prime Minister’s Office
COS 2021: Scams Involving Bank Customers
Ms Sylvia Lim (Aljunied): Chairman, Sir, it has been heart-wrenching for us in this House to see our residents being scammed of their hard-earned monies. Many are elderly and have little avenue to earn money lost. As Singapore moves towards widespread adoption of digital payments, the risks are heightened. As the money scammed are usuallyContinue reading “COS 2021: Scams Involving Bank Customers”
COS 2021: Corruption in Singapore
Mr Pritam Singh (Aljunied): Mr Chairman, a Straits Times article in December last year provided a snapshot into the state of corruption in Singapore today. One of the opening lines was, and I quote, “Many people are heedless of the corruption that exists in squeaky clean Singapore, but graft remains prevalent.” Over the last three toContinue reading “COS 2021: Corruption in Singapore”
COS 2021: SGX Sustainability Reporting
Mr Leon Perera (Aljunied): Mr Chairman, the MAS-regulated Singapore Stock Exchange currently has a “comply and explain” policy on sustainability reporting for its listed companies, which was first announced in 2016. It presents a range of internationally accepted standards which companies are encouraged to choose and follow, but are not mandatory. This has resulted inContinue reading “COS 2021: SGX Sustainability Reporting”
COS 2021: Option for PIN-only Bank Cards
Mr Dennis Tan Lip Fong (Hougang): Mr Chairperson, there has been a concerted effort to educate and encourage all seniors to go digital. While such projects, like Seniors Go Digital and Hawkers Go Digital, are highly commendable, there must be the awareness of the gap between the availability of technology and the people using it. ContactlessContinue reading “COS 2021: Option for PIN-only Bank Cards”
EARLY MAIL-IN BALLOTS FROM OVERSEAS VOTERS TO ENSURE OVERSEAS SINGAPOREANS’ PARTICIPATION IN ELECTIONS
Mr Dennis Tan Lip Fong asked the Prime Minister whether the Government can consider early mail-in ballots from overseas voters to ensure that overseas Singaporeans are also able to participate in elections. Mr Chan Chun Sing (for the Prime Minister): Overseas Singaporeans are already able to participate in our elections via voting at overseas polling stations. There areContinue reading “EARLY MAIL-IN BALLOTS FROM OVERSEAS VOTERS TO ENSURE OVERSEAS SINGAPOREANS’ PARTICIPATION IN ELECTIONS”
Office of the Leader of the Opposition 