Issued Date: 27/06/2019

27 September 2019

Given the cross-cutting nature of the ETA review and in view of the requests from industry players, IMDA has extended the submission deadline for this consultation to 12 noon, 27 November 2019.

27 August 2019

In view of requests from the industry for more time to submit their views and comments, IMDA has extended the submission deadline for this consultation to 12 noon, 27 September 2019.

27 June 2019

IMDA is reviewing the Electronic Transactions Act (ETA), to ensure it continues to be progressive, facilitate innovation in the Digital Economy, strengthen Singapore’s position as a hub for electronic transactions, and support Digital Government efforts. The ETA review will:

 

  1. Enable more transactions under the ETA, including property transactions, Lasting Powers of Attorney, and negotiable instruments such as bills of lading;
  2. Offer certainty on the use of technologies such as Distributed Ledger Technology (DLT), Smart Contracts and Biometrics; and
  3. Updating the Certification Authority (CA) framework to ensure currency with latest international standards.

IMDA Consultation
Consultation Document (1,007.92KB)

Related resources:

 

Media Release

 

Media Factsheet (278.85KB)

 

All submissions must reach IMDA by 12 noon on 27 August 2019. Softcopy of submissions in both Microsoft Word and Adobe PDF format should be provided. Parties submitting comments should include their personal/company particulars as well as the correspondence address, contact number and email addresses on the cover page of their submission. All comments should be addressed to:

Aileen Chia (Ms)
Deputy Chief Executive (Policy, Regulation & Competition Development),
Director-General (Telecoms & Post)
Infocomm Media Development Authority 
10 Pasir Panjang Road
#03-01 Mapletree Business City
Singapore 117438

Please submit soft copies, with the subject header “Public Consultation on the Review of the Electronic Transactions Act”, via email to: Consultation@imda.gov.sg

Last updated on: 01 Oct 2019