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Acra to overhaul portal after rogue agents misused services

Singapore

A PUBLIC agency here is overhauling its corporate services platform, after breaches involving unauthorised access to business information.

The Accounting and Corporate Regulatory Authority (Acra) will introduce measures in the second half of the year to ensure that registered filing agents carry out transactions on behalf of only their own clients, a spokesperson told The Business Times.

Registered filing agents, who are hired to help clients set up companies or lodge necessary documents with Acra, previously had wide-ranging access to the BizFile+ database.

They could view or lodge documents for any company, including those that are not their clients, despite being required to adhere to...

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