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posted 9 years ago
The Info-communications Development Authority of Singapore (IDA) and Media Development Authority of Singapore (MDA) will be merging to form the Infocommunications Media Development Authority of Singapore (IMDA) as the new regulator for the infocomm and media sectors. The IDA and MDA reorganisation will commence from 1 April 2016. However, the IMDA is expected to be established and fully operational in the second half of 2016.
The IMDA will also implement the Infocomm Media 2025 Masterplan, which sets out Singapore’s roadmap for sustained growth and improved quality of life through technology, infocomm and media development. In addition, the IMDA will be overseeing the Personal Data Protection Commission, which is the agency tasked with safeguarding private organisations’ use of personal data.
Consequent to the merger, it is expected that the laws, regulations and licensing procedures affecting the infocomm and media sectors will be streamlined to, amongst others, apply a more holistic approach in regulating traditional and online telecoms and media operators. The IDA and MDA have already been considering possible amendments to the Telecommunications Act, Broadcasting Act and Films Act.
The merger will also make it easier for businesses providing bundled telecoms and media services as they will only need to liaise with the IMDA, instead of the IDA and MDA separately.
The formation of the IMDA also coincides with the establishment of the new Government Technology Organisation, which will spearhead the development of new technology, improved digital services and strong cyber security measures for the public sector.
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Global Law Experts is dedicated to providing exceptional legal services to clients around the world. With a vast network of highly skilled and experienced lawyers, we are committed to delivering innovative and tailored solutions to meet the diverse needs of our clients in various jurisdictions.
Thinking of buying property in Brazil? Start with a full legal safety net.
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✔️ Confirm zoning and permits.
#BrazilProperty #RealEstateInvesting #LegalDueDiligence #ForeignInvestment #PropertyLaw #GlobalRealEstate #InvestmentRisk #BrazilLaw
When your international business faces financial distress, quick action is key! 🔑 Negotiating with creditors, restructuring debt, and understanding insolvency laws can help regain stability. Global Law Experts is here to guide you through your options.
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