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18 results found

Article

Allen & Gledhill LLP | Singapore | 25 Apr 2014

Parliament passes Accounting and Corporate Regulatory Authority (Amendment) Bill 2014: enhancing regulatory framework for corporate service providers

On 14 April 2014, the Accounting and Corporate Regulatory Authority (Amendment) Bill 2014 (the "Bill") was passed in Parliament. The Bill was

Article

Allen & Gledhill LLP | Singapore | 27 Feb 2014

Parliament introduces Accounting and Corporate Regulatory Authority (Amendment) Bill 2014: enhancing regulatory framework for corporate service providers

On 17 February 2014, the Accounting and Corporate Regulatory Authority (Amendment) Bill 2014 (the "Bill") was introduced in Parliament following a

Article

Allen & Gledhill LLP | Singapore | 28 Jul 2011

Accounting Standards Council issues accounting standard and financial reporting framework for charities

On 24 June 2011, the Accounting Standards Council (the "ASC") issued a Charities Accounting Standard the "CAS") and set out a financial reporting framework for the preparation and presentation of charities' financial statements.

Article

Allen & Gledhill LLP | Singapore | 28 Jul 2011

MOF and ACRA invite comments on wide-ranging changes to Companies Act and revised regulatory framework for foreign entities

On 20 June 2011, the Ministry of Fiannce (the "MOF") and the Accounting and Corporate Regulatory Authority (the "ACRA") jointly released two consultation papers inviting comments.

Article

Allen & Gledhill LLP | Singapore | 28 Dec 2010

Proposed changes to Companies Act and Limited Liability Partnerships Act on formalities in the execution of documents

On 29 October 2010, the Accounting and Corporate Regulatory Authority (the "ACRA") and the Attorney General's Chambers (the "AGC") jointly issued a "Supplementary Report on Formalities in the Execution of Documents: Amendments to Companies Act and Limited Liability Partnerships Act" (the "Supplementary Report 2010") for the purposes of a public consultation.

Article

Allen & Gledhill LLP | Singapore | 27 Oct 2010

Parliament introduces Charities (Amendment) Bill 2010: more charities to comply with controls relating to charity accounts and audits

On 18 October 2010, Parliament introduced the Charities (Amendment) Bill 2010 (the "Bill"), which proposes to amend the Charities Act (the "Act") to facilitate its operation, in particular to clarify the Act by replacing various terms in the Act with terms that are more readily understood by the charity sector, namely, the term "trusts" is replaced by the term "governing instruments", and the term "charity trustees" is replaced by the terms "governing board members" or "key officers", as appropriate.

Article

Allen & Gledhill LLP | Singapore | 28 Jul 2010

ACRA and SGX provide guidance to strengthen audit quality

On 15 July 2010, the Accounting and Corporate Regulatory Authority (the "ACRA") and the Singapore Exchange (the "SGX") jointly issued the "Guidance to Audit Committees on Evaluation of Quality of Work Performed by External Auditors" (the "Guidance").

Article

Allen & Gledhill LLP | Singapore | 30 Apr 2010

ACRA launches new initiatives to encourage voluntary compliance amongst companies, including Colour-coded Compliance Rating and Certificate of Compliance

On 15 April 2010, the Accounting & Corporate Regulatory Authority (the "ACRA") announced that it will be implementing several initiatives with the aim of inculcating a culture of voluntary compliance with the corporate regulatory requirements among locally incorporated companies, as well as acknowledge companies who have made the effort to comply.

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