Let our team guide you and design a plan with you to ensure that you have a clear understanding of what is typically required by the provisions of Company Law and various regulatory bodies. This is especially complex with financial institutions dealing with multitude of requirements in this ever-changing regulatory environment.
While Singapore may have a reputation for being one of the easiest countries to start and run a business, it is also true that its orderly and transparent legal system requires strict regulatory compliance on the part of Singapore-incorporated companies. Singapore’s successful regulatory compliance is based on the legal obligations set out in the Companies Act. These legal obligations make it easier for investors, shareholders, and other companies to gain some understanding of a company, their prudential rigout, and their adherence to government regulations and compliance before they decide to invest or work together.
Legal Compliance Services
Our qualified regulatory advisors will be happy to conduct the following services for your organization:
Regulatory Compliance Review
- Assist in conducting a regulatory diagnostics review and identifying areas or gaps where the necessary regulatory criteria are not met.
- Examine processes and evaluate the efficacy of compliance controls
Examining the Regulatory Reporting and Returns Process
- Examine and evaluate the regulatory reporting preparation process.
- Check the regulatory returns for accuracy, completeness, and integrity of the data supplied.
Develop Compliance Manuals
- Assist in the development of compliance manuals that address MAS-mandated regulatory requirements as well as industry best practices.
Develop Key Obligations Register
- Assist with the creation of a Compliance Obligations Register that includes all applicable laws and regulations.
Provision of Regulatory Specialists
- Assist with regulatory and compliance issues by providing regulatory expertise. Enhance and enhance the capabilities of the compliance team.
Provision of Training
- Provide regulatory training to enhance staff awareness and provide them with the necessary understanding of regulatory obligations to carry out their daily tasks.
Providing Regulatory Assistance
- Continually provide regulatory guidance or on specific issues (e.g. sophisticated structures/transactions).
Bluebox Advisory
Our legal obligations advisory team with qualified lawyers would be happy to guide and customize a training program and service package tailored to your corporations specific needs based on our initial review and assessment.
Incorporation
Whether you’re a foreigner or local who wishes to set up a company in Singapore, we have a friendly and knowledgeable team of Singapore Company Incorporation specialists who are able to advise you on how your business can benefit.
Registration of branch
A foreign parent business incorporated outside of Singapore has a branch office in Singapore. The goal of a Branch Office is to make it easier for the foreign parent firm to operate and generate money in Singapore.
Nominee Director
All Companies in Singapore are required to have at least 1 locally resident director. We can assist you in meeting this obligation by appointing one of our team members to function as your company’s nominee resident director on a temporary or annual basis.