Supporting firms in the ePayments space to focus on identifying potential incremental risks relating to digital payment token service as well as technology risks which include risks around data.

Speech by Mr. Derrick Goh, MP for Nee Soon GRC, at the Second Reading of the Payment Services (Amendment) Bill (Bill No. 41/2020) 1. Mr Speaker Sir, Innovation in payments will contribute to domestic economic growth and improve the lives of our Singaporeans by facilitating the convenience of transactions at lower cost.  At the same time, such alternatives to physical cash can promote digital financial literacy and economic efficiency. 2. This amendment Bill in my view represents progressive legislation and I commend the focus on identifying potential incremental risks,....

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Calibration of eligibility thresholds for companies to benefit from the measures under the Insolvency, Restructuring and Dissolution (Amendment) Bill

Speech by Mr. Derrick Goh, MP for Nee Soon Link, at the Second Reading of the Insolvency, Restructuring and Dissolution (Amendment) Bill (Bill No. 36/2020) and COVID-19 (Temporary Measures) (Amendment No. 3) Bill Introduction Mdm Deputy Speaker, I would like to thank the Second Minister for Law for the swift action taken on the amendments to the Insolvency, Restructuring, and Dissolution (Amendment) Bill and the courage to introduce the COVID-19 (Temporary Measures) (Amendment No 3) Bill.....

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Reduce Impact of 2nd Hand Smoke

SPEECH BY DERRICK GOH, MP FOR NEE SOON GRC, AT THE SECOND READING OF THE ENVIRONMENTAL PUBLIC HEALTH (AMENDMENT) BILL IN PARLIAMENT Mr Speaker Sir A clean environment with good sanitation is something we cannot take for granted. For locations visited by Covid-19 patients, we follow the practice of disinfecting and deep cleaning   Residential, Work or Public places. However, in situation related to cleaning of high-risk premises, such as pre-schools and eldercare facilities, and locations, where many people share the same body of water or recirculating the air,....

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Good Governance = Good Policy + Good Implementation

Speech by Mr. Derrick Goh Soon Hee, MP for Nee Soon GRC at the Debate on the President’s Address 2020 Mr Speaker, Sir, I rise in support of the motion to thank the President for her Address. I am heartened by her encouragement to new politicians, like myself, to continue the good work done by those before us in shaping an effective and sound government. 2020 A Year Like No Other Globally, this year, economies have been paralysed,....

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