Pursuant to Section 28F(13) and Section 28G(12) of the ACRA Act 2004, ACRA has the power to impose sanctions against Registered Filing Agents and Registered Qualified Individuals who are found to be in breach of the Terms and Conditions of registration laid out in the ACRA (Filing Agents and Qualified Individuals) Regulations 2015. The sanctions include cancellation, suspension, restriction on the RFA’s use of BizFile+, financial penalty and issuance of censure.

List of Filing Agents/Qualified Individuals with registration cancelled/suspended
Name UEN of RFA  Sanction imposed  Period of Suspension/ Cancellation Date
SGCN Link Pte. Ltd. 201603601M Cancellation of RFA registration for severe AML/CFT breaches Cancelled with effect from 29 Jan 2022
 Lew Chian Hwa NA  Cancellation of RQI registration for severe breach of the terms and conditions of registration
Cancelled with effect from 29 Jan 2022
Gaap CPA Pte. Ltd. 201418674G  Cancellation of RFA registration for severe AML/CFT breaches Cancelled with effect from 16 Dec 2021
Tan Yanhua NA  Cancellation of RQI registration for her conduct as  a director of Gaap CPA Pte. Ltd. for appointing a non bona fide director and shareholder  Cancelled with effect from 16 Dec 2021
R Shanmugaratam NA Suspension of RQI registration for providing false information in an annual return filed with ACRA Suspended for one year with effect from 11 Dec 2021
Mea Business Consultancy Pte Ltd 201001472H Cancellation of RFA registration for severe AML/CFT breaches Cancelled with effect from 8 Mar 2021
 
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