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New Initiatives To Encourage Voluntary Compliance Amongst Companies
Last Update - 19/04/2010
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The Accounting and Corporate Regulatory Authority (“ACRA”) has announced that it will be implementing several initiatives as an impetus for locally incorporated companies to comply with the corporate regulatory requirements as well as acknowledge companies who have made the effort to comply.
Through these initiatives, ACRA aims to inculcate a culture of voluntary compliance among companies, which have been regarding payment of late penalties and composition fines imposed as part of business costs.
Please refer to the attached Compliance Initiatives for information. You may click here for the ACRA news release. |
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Compliance Initiatives - Letter to PB_Final (150410) |
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