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New anti-scam Bill empowers authorities to fine online service providers up to $10m for non-compliance
The bill would let police share scam information faster and impose fines of up to $10 million on non-compliant platforms, MHA said.
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New anti-scam Bill empowers authorities to fine online service providers up to $10m for non-compliance
Online service providers could face financial penalties of up to $10 million for each instance of non-compliance with anti-scam obligations under the new Scams (Countermeasures) and Other Matters Bill, which was tabled in Parliament on Tuesday (Aug 4).The Bill aims to strengthen information exchange between the police and service providers, introduce new offences for misusing online accounts and enhance the Online Criminal Harms Act (Ocha) among…
·Singapore
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