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AMENDMENTS TO THE ELECTRONIC TRANSACTIONS ACT (Singapore)

NO&T Asia Legal Review

Author
Annia Hsu
Publisher
Nagashima Ohno & Tsunematsu
Journal /
Book
NO&T Asia Legal Review No.34 (April, 2021)
Reference
Practice Areas
*Please note that this newsletter is for informational purposes only and does not constitute legal advice. In addition, it is based on information as of its date of publication and does not reflect information after such date. In particular, please also note that preliminary reports in this newsletter may differ from current interpretations and practice depending on the nature of the report.

Introduction
On 19 March 2021, new amendments to the Electronic Transactions Act (“ETA”) came into force, which, among others,
adopted the UNCITRAL Model Law on Electronic Transferable Records (with modifications) (“MLETR”). The purpose of
the MLETR is to facilitate the legal use of electronic transferable records both domestically and across borders, which
largely affects shipping and international trade. These amendments are in line with the Singapore Government’s larger
initiative to build a digital economy and digital society.

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