Corporate Service Providers

Registration and Renewal for Filing Agents and Qualified Individuals

• Background to Filing Agent and Qualified Individual
• Registration and Renewal of Registration as a Filing Agent
• Procedure to Register or Renew Registration as a Filing Agent
• Registration and Renewal of Registration as a Qualified Individual
• Procedure to Register or Renew Registration as a Qualified Individual
• Cancellation of Registration as a Filing Agent or Qualified Individual
• Exemption from Requirement to Register as a Filing Agent or Qualified Individual
• Mandatory Training and Proficiency Test Requirements for Registered Filing Agents

Making Changes

• Appointment or Withdrawal of Qualified Individual
• Change in Particulars of Filing Agent and Qualified Individual
• Maintenance of Employees by Filing Agent and Qualified Individual
• Maintenance of Client List

Legislation and Guidelines

• AML/CFT Guidelines for Corporate Service Providers 
• Legislation

Supervision and Enforcement

• Compliance Review
• Enforcement and Compliance
• Publication of Sanctions
• List of Filing Agents/Qualified Individuals with registration cancelled/suspended

Resources

• Worldbank (STAR) - How nominee services for shell companies are abused to conceal beneficial owners  (PDF, 4.94MB)
• FATF Egmont Group Report - Concealment of Beneficial Ownership
• ACIP - Legal Persons Misuse Typologies and Best Practices Paper(PDF, 1.61MB)
• Update on Business Registry and Regulatory Developments 2022
• Update on Business Registry and Regulatory Developments 2021 

Useful links for AML/CFT

• Singapore’s Terrorism Financing National Risk Assessment  (PDF, 3MB)
• Trade-Based Money Laundering Trends and Developments  (PDF, 2MB)
• Targeted financial sanctions
• Inter-Ministerial Committee - Terrorist Designation (IMC-TD)
• Singapore National Risk Assessment(PDF, 988KB)
• Guidelines on STR Reporting