New requirements to lodge information on Singapore's register of registrable controllers deferred


By Withersworldwide


From July 2020 (theACRAhas deferred the implementation date from May to July in light of the Covid-19 situation), all Singapore Relevant Entities shall be required, unless exempted, to lodge information on theirRORCs with theACRAvia theACRA’s business filing portal, BizFile. This is as part of ongoing efforts to uphold Singapore’s reputation as a trusted financial hub, and is in line with international practices.


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