Implementation of Single Family Office Framework

In a recent media release, MAS announced that the revised framework for single family offices ('SFOs') took effect on 15 June 2026. The SFO Framework was first proposed in a consultation paper published in July 2023, to which MAS published its Response to Feedback Received on Proposed Framework for Single Family Office on 6 November 2024, facilitating a straight through class exemption from licensing for all qualifying SFOs operating in Singapore. It was introduced to strengthen surveillance and defence against money laundering risks in the SFO sector. This agnostic class exemption removes the need to rely on existing class exemptions from licensing requirements under the Securities and Futures Act or apply to MAS for case-by-case exemptions. By extension, MAS no longer intends to grant case-by-case exemptions to SFOs that do not meet the qualifying criteria, unless there are exceptional reasons.

Evolving regulatory expectations for AI risk management for financial institutions

As the financial sector accelerates its digital transformation—driven by Large Language Models (LLMs), Generative AI (GenAI) and more recently Agentic AI—Singapore's regulatory landscape in this emergent space has evolved from broad ethical/ governance principles to concrete supervisory expectations. This shift is underscored by the Monetary Authority of Singapore's (MAS) ongoing consultation (Paper P017 2025), which introduced the proposed Guidelines on AI Risk Management (AIRG) for Financial Institutions (FIs), and which are likely to be come into effect in the early part of 2026.

Strategic Implications of MAS Consultation P009 2026: Public Blockchains Enter the Prudential Perimeter

The Monetary Authority of Singapore (MAS) has issued a significant consultation paper (P009‑2026) on the prudential treatment of cryptoassets. In a notable shift, MAS proposes that certain cryptoassets on permissionless (public) blockchains may qualify as Group 1 assets, provided their risks are adequately controlled.

For banks and financial institutions, this marks a move away from a de facto exclusion of public‑chain exposures towards a risk‑managed, compliance-driven framework-with meaningful implications for capital treatment, balance‑sheet strategy and institutional participation in tokenised markets.

The Securities and Futures (Amendment) Bill 2026: Key Reforms to Support Dual Listings and Market Growth

The Securities and Futures (Amendment) Bill 2026 ("Bill"), which seeks to amend the Securities and Futures Act 2001 ("SFA") to implement the proposed regulatory regime for the Global Listing Board ("GLB"), was passed in Parliament on 7 May 2026. The GLB is a joint initiative by the Singapore Exchange Securities Trading Limited ("SGX") and the Nasdaq Stock Market ("Nasdaq"), intended to facilitate dual listings on the SGX and the Nasdaq under a streamlined regulatory framework.

CNPLaw contributes to International Comparative Legal Guides - Alternative Investment Funds Laws and Regulations 2026

CNPLaw recently contributed the Singapore chapter to the International Comparative Legal Guides - Alternative Investment Funds Laws and Regulations 2026 (ICLG), published by Global Legal Group.

The Singapore chapter was contributed by Equity Partner Bill Jamieson, alongside Associate Daniel Ng of the Funds Practice Group.

The chapter provides an overview of the legal and regulatory framework governing alternative investment funds in Singapore. It covers the legal and regulatory considerations relevant to fund managers, investors and other market participants in establishing, managing and marketing alternative investment funds in Singapore.

Lee Yih Kang v Hsu Shih Hsun [2026] SGHC(A) 9 - implications for the law on execution of deeds

This short update by Bill Jamieson, Tian Xinhe and Goutami Sharma addresses the recent case of Lee Yih Kang v Hsu Shih Hsun [2026] SGHC(A) 9 ('Lee Yih Kang').

The original article covered the current legal framework in Singapore in relation to the execution of a deed, addressing in particular whether Singapore's law is adapted for electronic execution of deeds. In light of the recent case of Lee Yih Kang, this short update examines any developments affecting the position outlined in the original article.

CNPServes

Outside of serving our clients, we at CNPLaw believe it's our privilege and prerogative to serve the community.

Last December, amid heightened regional tensions, Daniel Ng travelled to Cambodia to support displaced families, the elderly, and the poor in refugee camps, partnering with YWAM Siem Reap and YWAM Poipet. Because many could not return to their homes, many were left without food, water or shelter. Daniel and his team distributed food, water, and tarps directly within the camps, stopping along the roadsides until their supplies were completely exhausted.