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

• Unmasking Control - A Guide to Beneficial Ownership Transparency by the International Monetary Fund (IMF) (PDF, 1MB)
• How nominee services for shell companies are abused to conceal beneficial owners - A report by the Stolen Asset Recovery Initiative (StAR), a partnership between the World Bank Group and the United Nations Office on Drugs and Crime (UNODC)  (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
• Strengthening AML/CFT Controls for the CSP Sector 2023 (PDF, 456KB)

Useful links for AML/CFT

• Singapore’s Terrorism Financing National Risk Assessment 2020  (PDF, 3MB)
• Trade-Based Money Laundering Trends and Developments  (PDF, 2MB)
• Targeted financial sanctions - Monetary Authority of Singapore (MAS) 
• Inter-Ministerial Committee - Terrorist Designation (IMC-TD) - Ministry of Home Affairs (MHA)
• Singapore National Risk Assessment (PDF, 988KB)
• Guidelines on STR Reporting - Singapore Police Force (SPF)