Registers of Nominee Shareholders
ACRA has implemented new requirements to strengthen Singapore’s corporate governance regime and affirm our committment to combatting money laundering, terrorism financing and other threats to the integrity of the international financial system. The following requirements will take effect from 04 October 2022, following the passing of the Corporate Registers (Miscellaneous Amendments) Act by Parliament on 10 January 2022.
Maintaining Registers of Nominee Shareholders
- Companies (including foreign companies) are required to maintain a Register of Nominee Shareholders (RONS) at their registered office or at the registered office of their appointed Registered Filing Agent. The RONS will need to contain prescribed particulars of the nominator (s) of the company’s nominee shareholder (s). Companies must set up their RONS by 05 December 2022.
- To assist companies in the setting up and maintenance of the RONS, ACRA has developed and published a guidance document for the RONS. Please click below for the guidance documents:
- acra-guidance-on-register-of-nominee-shareholders-for-companies-(v1-0)-(4-oct)
- acra-guidance-on-register-of-nominee-shareholders-for-foreign-companies-(v1-0)(4-oct)
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