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SINGAPORE
Hong Kong and Singapore Sign MOU to
Strengthen Cooperation in Personal Data Protection TL Bureau, Tokyo Hong Kong’s and Singapore’s data protection authorities today furthered their warm relations by signing a Memorandum of Understanding (MOU) to strengthen cooperation in personal data protection in the two jurisdictions. The MOU was signed by Mr Stephen Kai-yi Wong, Hong Kong’s Privacy Commissioner for Personal Data and Mr Yeong Zee Kin, Deputy Commissioner of Singapore’s Personal Data Protection Commission (PDPC) in Tokyo at the side-lines of the 51st Asia Pacific Privacy Authorities (APPA) Forum. Under the MOU, the Hong Kong SAR’s Privacy Commissioner for Personal Data (PCPD) and Singapore’s PDPC1 will engage in the cross-sharing of experiences, exchange of best practices, joint
research projects and information exchange involving potential or ongoing data breach investigations. Mr Stephen Kai-yi Wong, Privacy Commissioner of the PCPD said, “The MOU marks the joint efforts of Hong Kong and Singapore in strengthening the cooperation between the two jurisdictions and provides a solid framework for promoting collaborative initiatives and information exchange in personal data protection. It also clearly demonstrates the PCPD’s strong commitment to stepping up cross-jurisdictional collaboration in exchange of expertise and information so as to better prepare Hong Kong to enter into the new ‘post-digital’ era.” Mr Tan Kiat How, Commissioner of the PDPC said, “A strong collaborative effort with our counterparts in Hong Kong and other jurisdictions is needed to advance personal data protection and prepare for a
The Sixth Asian Monetary Policy Forum Discusses Global Reserve and Digital Currencies
Digital Economy. We look forward to strengthening our working relations to enable all parties to collectively benefit from best practices, research and the sharing of information.” Hong Kong and Singapore continue to enjoy warm working relations in global personal data protection, with both regulatory authorities being active members of international organisations such as APPA and the Global Privacy Enforcement Network. The MOU was the outcome of an initial discussion between the two authorities in September 2018, to explore opportunities to strengthen the partnership and develop bilateral platforms for the advancement of personal data protection. As part of the enhanced cooperation, Hong Kong and Singapore are also releasing a jointly- developed Guide to Data Protection by Design (DPbD) for ICT Systems.
Chinese Minister of National Defense Calls on Prime Minister TL Bureau, Singapore
over the years. They discussed the various aspects of defence between Chinese State Councilor and cooperation TL Bureau, Singapore Minister of National Defense Singapore and China. PM Lee The Asian Monetary Policy Forum (AMPF) convenes today for General (GEN) Wei Fenghe and GEN Wei also exchanged the sixth consecutive year. The highlights of the Forum called on Prime Minister (PM) views on regional security and include presentations and discussions on the dominant role Lee Hsien Loong at the Istana underscored the importance of the US dollar and its implications for monetary policy, as this morning as part of his of deepening cooperation and introductory visit to building mutual trust among well as challenges posed by digital currencies. A joint Asian Bureau of Finance and Economic Research Singapore. Senior Minister of countries. As part of his pro(ABFER)/AMPF dinner last night marked the close of the State for Defence Heng Chee gramme, GEN Wei visited RSS ABFER annual conference, as well as the official opening of How also attended the call. Singapura – Changi Naval the AMPF. The dinner’s highlight was a speech by Sir Paul PM Lee and GEN Wei affirmed Base, where he was briefed on Tucker, Chair of the Systemic Risk Council and Senior Fellow at the long-standing, warm and the operations of the Republic Harvard University’s Center for European Studies, on “The friendly bilateral relations of Singapore Navy’s International Monetary and Financial System in the Face of between Singapore and China, Information Fusion Centre Shifting Geopolitics”. which has progressed steadily and its contribution to marAs in past AMPFs, this year’s programme features a policy dialogue with Mr Tharman Shanmugaratnam, Senior Minister of Singapore, Coordinating Minister for Social Policies and Chairman of the Monetary Authority of Singapore (MAS). Professor Steven J. Davis, William H. Abbott Distinguished Service Professor of International Business and Economics at the University of Chicago Booth School of Business and Senior and Acting Secretary Fellow at the Hoover Institution, will moderate the dialogue TL Bureau Singapore Shanahan welcomed the focusing on the contemporaneous challenges faced by central Acting United States (US) renewal of the 1990 banks as well as labour market dynamics and policies. The AMPF programme today will begin with an opening Secretary of Defense Patrick Memorandum of address by Dr Philipp Hildebrand, Vice Chairman of Shanahan is in Singapore for Understanding (MOU) for the BlackRock, who will take stock of where the global economy the 18th Shangri-La Dialogue United States Use of is headed, amid the current conjuncture of a growth slow- (SLD). He was hosted to Facilities in Singapore. That down and rising trade tensions. breakfast by Minister for seminal MOU signed by our This will be followed by the presentation of the commissioned Defence Dr Ng Eng Hen this founding Prime Minister Lee paper titled “The Dollar Hegemon? Evidence and Implications morning. Acting Secretary Kuan Yew and then-US Vice for Policy Makers” by Professor Pierre-Olivier Gourinchas, Shanahan will also call on President Dan Quayle was Professor of Economics at the University of California, Prime Minister Lee Hsien the key document that faciliBerkeley and S.K. and Angela Chan Professor of Global Loong at the Istana later tated the US’ access to Management at the Haas School of Business. As one of the today. Singapore’s air and naval world’s leading researchers in international macroeconomics Reaffirming the excellent and bases, and underpinned the and finance, Professor Gourinchas will draw out the implicaUS’ regional presence for tions of the dominance of the US dollar for both real and long-standing bilateral defence relations between almost 30 years. Under its financial transactions, highlighting the risks posed by a diminSingapore and the US, Dr Ng ambit, the US has rotationally ishing supply of US dollar safe assets.
itime security. GEN Wei also went on board the Archerclass submarine RSS Swordsman and the Formidable-class frigate RSS Stalwart. GEN Wei is also in Singapore for the 18th Shangri-La Dialogue. During his time in Singapore, GEN Wei will also call on Deputy Prime Minister and Minister for Finance Heng Swee Keat, and be hosted to dinner by Senior Minister and Coordinating Minister for National Security Teo Chee Hean.
Singapore and US to Renew Defence Memorandum of Understanding deployed fighter aircraft for exercises, refuelling and maintenance, as well as Littoral Combat Ships and P8 Poseidon aircraft to Singapore. Both sides agreed to update the 1990 MOU to be renewed by 2020, which will incorporate partnership elements of the US’ National Defence Strategy recently articulated for this region. Both sides also discussed key bilateral initiatives including more training detachments for the Republic of Singapore Air Force in a suitable US military base.
