Legal Bulletin March 2026

27 March 2026

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Competition & Foreign Investment Review

CCS conducts public consultation on revised Guidance Note for Passenger Airline alliance agreements

Consumer Protection Review Panel conducts public consultation on consumer issues

Corporate / M&A

ACRA reviewing audit exemption framework to reduce compliance costs for small companies

ACRA releases version 4.0 of BizFinx Preparation Tool and Multi-Upload Tool

Cybersecurity & Data Protection

CSA to raise cybersecurity standards for critical information infrastructure owners

Energy, Infrastructure & Projects

EMA and Korean nuclear power company sign MOU on civil nuclear energy cooperation

ESG & Public Policy

EFTA-Singapore Digital Economy Agreement enters into force for Singapore and Norway

MERCOSUR-Singapore Free Trade Agreement enters into force for Singapore and Uruguay

FinTech

Three key FinTech trends in 2025

MAS extends Financial Sector Technology and Innovation Scheme until 16 July 2026

Maritime & Aviation

New requirements under Air Navigation Act 1966 regulations and International Interests in Aircraft Equipment Regulations 2026 on foreign operators and registration, de-registration, and export of aircraft

MPA outlines long-term direction for Singapore’s maritime ecosystem

Medico-Legal

HSA publishes response to feedback from consultation on proposed exemption from manufacturer’s licensing and product registration requirements for AI-SaMD

Real Estate

Coastal Protection Bill to safeguard Singapore’s coastline against rising sea levels and extreme weather events passed

BCA consults on review of strata management regime to enable MCSTs to maintain and run estates better

Technology & Corporate Intellectual Property

National AI Impact Programme launched to strengthen Singapore’s AI capabilities across enterprises and workers

Regional News

China

China issues new Trade Secret Protection Regulations

People’s Bank of China issues Notice on Matters Concerning Cross-border Interbank Financing Business of Banking Financial Institutions

India

India: The Protection of Interests in Aircraft Objects Rules, 2026

Indonesia

Indonesia introduces regulatory framework for hybrid power plants

Indonesia establishes regulatory framework for energy conservation services

Malaysia

Bank Negara Malaysia issues Policy Document on Operational Risk Reporting

Malaysia Competition Commission launches digital economy market review

Myanmar

Myanmar enacts Construction Development Law

Myanmar amends Private Healthcare Services Law

Myanmar tightens requirements relating to businesses in alcohol industry

Myanmar tightens regulation of legal practice with amendments to Legal Practitioners Act

Myanmar enacts new Anti-Money Laundering Law

Myanmar issues 2026 Union Tax Law

Publications

SCMA Enforcement Series 2026: Arbitration of maritime disputes - A Myanmar perspective

Lexology In-Depth: Public Competition Enforcement (18th Ed, 2026) – Singapore

Practical Law: Oil and Gas Regulation in Singapore (2026)

Deals

Issue of A$2 billion floating rate notes by DBS Bank Ltd.

US$950 million dual currency term and revolving credit facilities to Mapletree China Logistics Investment Trust

S$660 million term and revolving credit facilities to Frasers Centrepoint Trust

Issue of US$500 million subordinated notes by Oversea-Chinese Banking Corporation Limited

Series A financing by Aonic Holdings

News

Stephen Phua and Margaret Chew admitted into Partnership at Allen & Gledhill

Awards & Rankings

Allen & Gledhill named Regional Law Firm of the Year for Asia-Pacific, Middle East, and Africa at the prestigious Global Competition Review Awards (GCR) 2026 in Washington DC

16 Allen & Gledhill lawyers recognised in Asia Business Law Journal’s “The 2026 A List”

Allen & Gledhill recognised for its involvement in multiple deal awards at the FinanceAsia Achievement Awards 2025

Allen & Gledhill maintains its top tier ranking in the Asia IP Copyright Survey 2026 Rankings

Tham Kok Leong recognised in Asian Legal Business Asia Super 50 TMT Lawyers 2026