Official Notices
112 notices published
MAS Announces Change to Board Member
The Monetary Authority of Singapore (MAS) has issued a media release titled 'Change to Board Member of MAS'. The notice emphasizes communication via official .gov.sg websites and trusted sources. Financial sector businesses should verify updates from legitimate channels.
MAS Deputy Chairman's Opening Remarks at STI 60th Anniversary Celebration
Mr Chee Hong Tat, Minister for National Development and MAS Deputy Chairman, delivered opening remarks titled 'Straits Times Index's 60th Anniversary: Writing the Next Chapter' on 5 January 2026. The speech was given at the STI 60th Anniversary Celebration. MAS emphasizes verifying government communications via official .gov.sg websites.
ACRA Appoints New Chairperson-Designate and Member to Accounting Standards Committee
ACRA has appointed Mr. Cheung Pui Yuen as Chairperson-Designate of the Accounting Standards Committee (ASC) from 1 November 2025, transitioning to Chairperson from 1 April 2026. Mr. Kee Rui Xiong joins as a new member effective the same date. The updated ASC composition is detailed in Annex A.
ACRA Fines Three RQIs $105,500 for False Declarations and Consent Failures
ACRA convicted three registered qualified individuals (RQIs) of Corporate Service Providers (CSPs), fining them a total of $105,500 for offences under the Companies Act 1967. Violations included false declarations on director consents, registrable controllers, and annual returns. The individuals face a five-year disqualification from directorships and company management.
ACRA's Corporate Laws Amendment Bill: Preventing Misuse and Protecting Shareholders
The Corporate and Accounting Laws (Amendment) Bill aims to tighten rules against company misuse, safeguard shareholders, strengthen regulations, reduce burdens, and enhance accountant oversight. Key changes include explicit grounds for refusing restoration of risky struck-off entities and a two-tier approval for selective off-market share purchases. These amendments apply to the Companies Act, LLP Act, and Accountants Act.
ACRA: 2026 Public Accountant Certificate Renewal via Bizfile from Dec 2025
ACRA requires public accountants to renew their 2026 certificate of registration via Bizfile from 1 December 2025, meeting CPE requirements and other criteria. Key obligations include 120 CPE hours over 2023-2025, with specific structured learning in core areas, and fees starting at $750. Late submissions face extensions, removal, or reinstatement processes.
Minister Rajah Highlights Accountancy Sector Progress at ISCA Conference 2025
Ms Indranee Rajah's speech at the ISCA Conference 2025 outlines progress on the Accountancy Workforce Review Committee's recommendations, including rising starting salaries, surging SCAQ enrolments, and new entry pathways from January 2026. The sector shows growth in talent pipelines, new capabilities like sustainability reporting, and global expansion, backed by ACRA's 2024 Accounting Entities Survey. Businesses benefit from a strengthening accountancy talent pool amid rising demand for risk management and green economy skills.
ACRA AE Survey 2025: Revenue Growth, Workforce Rise & SCAQ Enhancements
ACRA's Accounting Entities Survey 2025 reveals 7.5% revenue growth to $3.5B in 2024, led by audit services, with resident workforce expansion after 2020. The sector anticipates 1,500+ job opportunities and prioritizes skills in data analytics and ESG. Enhancements to SCAQ introduce new pathways for Accounting Diploma graduates.
ACRA's FY2025 Financial Statements Review Focus and Guidance No. 1
ACRA highlights uncertainties from evolving tariffs, trade disruptions, and climate risks impacting FY2025 financial reporting. Financial Reporting Practice Guidance No. 1 of 2025 outlines key areas for directors to review, including extended climate reporting timelines and upcoming standards. Companies must assess these factors in their financial statements.
ACRA Launches Business Profile API from 18 Nov 2025
ACRA is introducing a new Business Profile API within its Entity Information Query (EIQ) service, available from 18 November 2025. This API offers automated, real-time access to key business entity details such as UEN, entity name, and position holders. It benefits financial institutions, legal services, and investors by streamlining verification processes.