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The Accounting and Corporate Regulatory Authority (ACRA) invites the public to provide feedback on proposed amendments to the Companies Act (CA). The public consultation exercise will run from 20 July 2020 to 17 August 2020.
Background
Report and recommendations by the CAWG
(i) Dematerialisation of shares and facilitating digitalisation
(ii) Review of company types and refinements to financial reporting criteria
Proposed amendments from other review
(i) Streamlining and clarifying financial reporting requirements for companies and foreign companies
(ii) Removing outdated requirements and clarifying provisions in the CA
Public Consultation details
ACCOUNTING AND CORPORATE REGULATORY AUTHORITY 20 JULY 2020
Documents for download: