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 |