Search results
Compliance. Enforcement Policy Statement. Summarised ACRA's approach to investigation, compliance and enforcement matters. learn more. Offences of Not Holding AGM or Filing ARs Late or Not Laying Up to Date Accounts at AGM.
- Overview
We strive to safeguard Singapore’s reputation as not only a...
- Filing a Complaint
Important: Giving False Information. Please also note that...
- Common Offences for Limited Partnerships
Section 29(1) states that any person who, being an...
- Resignation and Disqualification of Directors
The company must have at least 1 remaining director who is...
- Other Offences
Information on common offences and prosecutions for...
- Register of Registrable Controllers
What information must be lodged with ACRA? The RORC...
- Overview
Led by senior leaders and practitioners in Singapore’s financial services industry, the Certified Compliance Officer programme offers new joiners or mid-career switchers a comprehensive overview of the latest regulatory developments and practical guidance on implementing and enforcing compliance policies effectively.
Successful completion of the programme qualifies you for a Certified Compliance Officer (Regulatory Compliance) qualification as well as eligibility to apply to IBF for the Compliance Advisory Level 2 Certification*, recognizing your achievement.
This section is packed with resources and practical insights covering topics from our wide range of Singapore business services, including Singapore regulatory compliance requirements to help your company remain in compliance with authorities, such as ACRA and IRAS, as well as avoid unnecessary penalties or losses.
- What Is Regulatory Compliance?
- Benefits of Regulatory Compliance in Singapore
- What Are The Challenges That Come with Regulatory Compliance?
- How Do Companies in Singapore Ensure Regulatory Compliance?
Regulatory compliance is an organisation’s adherence to laws, regulations, guidelines and specifications relevant to its business processes. Violations of regulatory compliance often result in legal punishment, including governmental fines. In severe (and/or recalcitrant) cases of non-compliance, businesses will be ordered to cease. Examples of reg...
Reduced legal risks and associated future costsEnjoy an unblemished reputation (Being seen as safe and trustworthy is positive PR)Enhanced relationships with regulators, stakeholders, and clientsImproved talent attraction and retentionThere’s a perpetual balancing act between compliance and profitability. Failure to follow mandatory regulatory guidelines may result in various repercussions, such as on-site compliance audits and inspections by regulatory agencies. This will disrupt normal business operations. Noncompliant organisations will also face monetary fines and penalties....
Regulatory compliance requires companies to analyse their unique requirements and any mandates specific to their industry. They then develop processes to meet these requirements. Here are the typical steps to achieve regulatory compliance: 1. Identify applicable regulations. Determine which laws and compliance regulations apply to the company’s ind...
Leading Singapore Compliance Consultancy Firm. We provide consultancy and advisory to Funds, Fintech Organisations for application of various MAS Licenses and also provide other requirements like Risk Framekwork, AML / KYC, Policy Creation, Periodic Audit, Ongoing Monitoring, Mock Audit.
Thinking of becoming a Compliance Officer? Learn more about the role including tasks and duties, how much Compliance Officers earn in your state, the skills employers are looking for and career pathways.
