Seeing the interpretation of the new DTSP regulations in Singapore, it is necessary to make some modifications to the policies that were passed three years ago. After all, the industry has undergone significant changes, and implementing them without patching does indeed give law enforcement agencies a lot of discretion. The clear regulatory framework has become blurred, and practitioners have started to blindly follow the law enforcement standards of regulatory agencies. In the current environment of "deregulation", it is actually not friendly. Seeing the statement that this is a manifestation of the Singapore authorities' "not eating fish tail", investment can be done without eating fish tail, but it is a big taboo for a country or region's industrial policy to do so, after all, confidence destruction is easy and difficult to rebuild. There will always be places with clearer policies and clearer regulatory boundaries for everyone to choose from.