Introduction Payment Services Act (“PSA”) came into effect in Singapore on 28 January 2020 and it streamlines payment services regulatory framework under a single piece of legislation. MAS has introduced 2 parallel regulatory frameworks. The first framework is a...
Deputy Prime Minister Heng Swee Keat introduced measures to deal with challenges such as the Coronavirus outbreak and long-term economic development on 18 February 2020. The key focus is support packages to businesses, Singaporeans and Tax updates on Financial...
The Monetary Authority of Singapore (MAS) announced that it will begin accepting applications for new digital bank licences. Interested parties have until 31 December 2019 to submit their applications. This follows the announcement in June 2019 by Mr Tharman...
Argus specializes in regulatory compliance and provides objective insights, subject expertise and a simple approach to all your compliance-related needs. Our diversified client base spans start-ups to mature businesses. We partner with our clients to...
Closing a company in Singapore There are different solutions available for closing a company in Singapore, depending on its type and its business. For most, two processes exist: liquidation by winding up or striking off, which are both handled by ACRA (Accounting and...
Singapore’s Government Agencies to know If you are looking to incorporate a company in Singapore, you will need to become familiar with a few government agencies with which you are sure to cross path. ACRA: the Accounting and Corporate Regulatory Authority ACRA is the...
