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New compulsory training and proficiency test for corporate service providers starts on Nov 15
Acra says this will raise professional standards and uphold Singapore's reputation as a place to set up and do business
Add BT as a preferred sourcePublished Fri, May 11, 2018 · 09:50 PM
Singapore
The government is introducing this to raise the professional standards of such providers, who include lawyers, accountants and those offering services such as the setting up of companies or statutory filing of documents with Acra.
The move, ultimately aimed at upholding Singapore's reputation as a trusted business hub, is part of on-going efforts to strengthen the CSP sector's resilience to illicit activities such as money laundering and terrorism financing.
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