Singapore considers setting up legal regulator
The government in Singapore is considering setting up a new Legal Services Regulatory Authority, under the jurisdiction of the Law Ministry, to regulate the activities of domestic and foreign law firms.comments powered by Disqus
The regulatory body was proposed by a Law Ministry committee reviewing regulation of the legal market. It would would combine the functions of the Law Society of Singapore - which regulates law firms - and the Attorney-General’s Chambers role looking after foreign law firms and the registration of foreign lawyers.
The committee also backed a proposal to introduce Alternative Business Structures in the Singapore market, and recommended that the regulator would oversee those too.
The Law Ministry also announced that it would soon introduce a set of rules for professional conduct that would apply to all practising lawyers in Singapore.