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Accounting and Corporate Regulatory Authority

New Mandatory Training and Proficiency Test to Strengthen Corporate Service Providers’ Resilience Against Money Laundering and Terrorist Financing

11 May 2018

Audience

Corporate service providers (CSPs)

News Topic

Regulatory updates

Category

Press release

This article has been migrated from an earlier version of the site and may display formatting inconsistencies.

A new mandatory training and proficiency test will soon be introduced for the Corporate service providers (CSPs) sector to help boost professional standards of the CSP industry and Singapore’s reputation as a trusted international financial and business hub. From 15 November 2018, CSPs seeking to be registered as Filing Agents (RFAs) with the Accounting and Corporate Regulatory Authority (ACRA) will need to undergo the training and a proficiency test before being allowed to register or renew their registrations. 

Click here (opens in new tab) to view the statement (PDF, 320kb)