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  • LegalTech Start-Up “Clara” Opens In Dubai Following Investment From DIFC FinTech Fund

    Date 26/07/2021

    • VC-backed Clara catalysing the shift from a lawyer-led to a founder-led user experience, making legals fundamentally more efficient for start-ups.
    • Reinforces DIFC’s commitment to start-ups by licensing Clara to provide streamlined corporate services to DIFC companies using its innovative digital formations workflow.
    • Dubai considered a top global tech hub, driven by DIFC’s sustained focus on providing an enabling platform for start-ups to access vast opportunities across the MEASA region.

  • ACER Grants The Regulatory Authorities Of Austria And The Czech Republic An Extension To Reach An Agreement On A Gas Project Proposal For Incremental Capacity

    Date 26/07/2021

    The EU Agency for the Cooperation of Energy Regulators (ACER) has accepted the request for an extension submitted by the National Regulatory Authorities (NRAs) for Energy of Austria and the Czech Republic on a gas project proposal for incremental transmission capacity between the two countries. In its decision, the Agency allows those regulatory authorities to reach an agreement on the project proposal by 5 November 2021.

  • GFT Appoints Carlton Hopper As UK Managing Director

    Date 26/07/2021

    • A highly experienced, energetic, and results-driven business leader 
    • Driving accelerated cloud adoption and technology modernisation programmes for clients 
    • Spearheading regional expansion plans for the UK
    • Forging greater collaboration with GFT's global teams to deliver increased value to shared international clients

  • Bitcoin Bolstered As Amazon Appears To Dip Its Toe Into Crypto World: Susannah Streeter, Senior Investment And Markets Analyst, Hargreaves Lansdown

    Date 26/07/2021

    ‘’When a simple job ad appears to spark resurgence in the value of Bitcoin, it shows how the crypto world is salivating for every nugget of news about the future use case for digital currencies."

  • Reply To Singapore Parliamentary Question On Unauthorised Bank Transactions

    Date 26/07/2021

    Question:

    To ask the Prime Minister (a) in the last six months, whether there is an increase in successful bank-related cyber scams or unauthorised bank transactions involving victims not divulging their OTPs, IDs or passwords to scammers; (b) who bears the financial loss when the unauthorised transaction is not due to the banks’ lapses or non-compliance with MAS rules and the consumer has not given his login information to a third party; and (c) whether victims who suffer financial loss can be given financial help during the period of investigation and recovery.

    Answer by Mr Lawrence Wong, Deputy Chairman of MAS and Minister for Finance, on behalf of Mr Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS:

    1. Generally, consumers who have suffered financial losses from fraudulent transactions are protected as long as they have acted responsibly.