by Daryl Lum | Mar 5, 2025 | Running Your Company
For a Corporate Service Provider (CSP) to make changes to a company, it has to first add the company to its client list. In the past, this can be done simply on the CSP’s end. However, starting from 9 December 2024, all CSPs will need authorisation from the...
by Willie Tan | Feb 20, 2025 | Running Your Company
What is the “STRO”? The Suspicious Transaction Reporting Office (STRO) is Singapore’s Financial Intelligence Unit (FIU). It plays a crucial role in the country’s financial regulatory framework by receiving and analysing Suspicious Transaction Reports...
by Willie Tan | Feb 7, 2025 | Running Your Company
Running a successful business in Singapore requires more than just a great product or service—it demands a solid understanding of corporate governance. One critical aspect of this is the concept of a quorum. Whether you’re a seasoned business owner or just...
by Willie Tan | Aug 27, 2024 | Running Your Company
Protecting Your Business from Cyber Threats: Lessons from the Biggest Data Breaches Over the past year, some of the largest data breaches in history have impacted millions of customers worldwide. For small businesses and advisors who handle sensitive personal and...
by Willie Tan | Aug 23, 2024 | Running Your Company
In a significant move to protect the privacy of business owners, directors, and shareholders, the Accounting and Corporate Regulatory Authority (ACRA) of Singapore is set to implement a new Contact Address regime by the end of 2024. This change comes following the...
by Willie Tan | Aug 23, 2024 | Running Your Company
In today’s digital age, data is one of the company’s most valuable assets. Whether it’s customer information, financial records, intellectual property, or operational data, the integrity and confidentiality of this information are paramount to maintaining a...