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Trade & Procurement
Recent changes
Motor Trade Thematic Review 2025 Report
The Guernsey Financial Services Commission has issued its Motor Trade Thematic Review 2025 report, assessing compliance with the Lending, Credit and Finance (LCF) regime. The review found generally positive outcomes, with firms treating customers fairly, but identified areas for improvement in commission disclosure and customer record quality.
Sanctions Notice - Russia General Licence Issued
The Guernsey Policy & Resources Committee has issued a new general licence under the Russia Regulations, replacing an expired licence. This notice provides information on the new licence and directs queries to the designated email address.
Veterinary Practice Bill
The Parliament of Singapore has introduced the Veterinary Practice Bill, read for the first time on March 6, 2026. This bill establishes a framework for the regulation of veterinary practice, including the formation of a Veterinary Council, registration of veterinarians, and disciplinary procedures.
Energy Conservation Amendment Bill 2026
The Parliament of Singapore has introduced the Energy Conservation (Amendment) Bill 6/2026, which amends the Energy Conservation Act 2012. Key changes include expanding the definition of 'import' and modifying restrictions on the supply and import of regulated goods, particularly for goods imported for personal use.
Supplementary Supply (FY 2025) Bill
The Parliament of Singapore has introduced the Supplementary Supply (FY 2025) Bill No 5/2026. This bill seeks to authorize additional funding of up to S$1,087,355,800 from the Consolidated Fund and S$2,161,019,900 from the Development Fund for the financial year 2025-2026.
Singapore Supply Bill 2026
The Parliament of Singapore has enacted the Supply Act 2026, authorizing the issuance of approximately S$158.96 billion from the Consolidated Fund and S$49.01 billion from the Development Fund. These funds are appropriated for various government ministries and departments to meet estimated expenditures for the financial year April 1, 2026, to March 31, 2027.
Tobacco Control Amendment Bill
The Parliament of Singapore has introduced the Tobacco (Control of Advertisements and Sale) (Amendment) and Other Matters Bill 3/2026. This bill aims to enhance controls on tobacco products, vaporisers, and imitation tobacco products, and also addresses the control of certain psychoactive substances. It amends the Tobacco (Control of Advertisements and Sale) Act 1993 and other related legislation.
Oklahoma AG Applauds Bills Restricting DUI Offenders from GPS Release
Oklahoma Attorney General Gentner Drummond applauded the passage of House Bill 3114 and Senate Bill 137, which restrict DUI offenders convicted of causing great bodily injury from being released on the Department of Corrections’ GPS Surveillance Program. The bills also mandate the removal of ineligible participants from the program.
Accountants Act 2004
The Accountants Act 2004 of Singapore has been updated to reflect its current status as of March 27, 2026. This revised edition incorporates amendments up to December 1, 2021, and became effective on December 31, 2021. The Act relates to public accountants and includes definitions for terms such as 'accounting corporation', 'accounting firm', and 'ACRA administered Act'.
Accounting and Corporate Regulatory Authority Act 2004
The Accounting and Corporate Regulatory Authority Act 2004 has been updated to its current version, incorporating amendments up to December 1, 2021, and effective from December 31, 2021. This Act establishes and governs the functions and powers of the Accounting and Corporate Regulatory Authority.
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