Official Notices
47 notices published
MAS Appoints Finance Expert Krishnamurthy as NUS Distinguished Professor
MAS has appointed renowned finance professor Arvind Krishnamurthy as its Distinguished Term Professor at NUS, signaling deeper ties between regulators and academia. This move emphasizes research in macro-finance and financial stability, potentially shaping future policies. Financial businesses gain opportunities for insights and collaborations amid evolving regulations.
MAS Monetary Policy Statement - January 2026
The Monetary Authority of Singapore released its January 2026 Monetary Policy Statement. It highlights that government agencies communicate exclusively via official .gov.sg websites, such as go.gov.sg/open. Businesses should rely on trusted websites for authentic regulatory updates.
Singapore Joins Global Efforts to Support IMF Aid for Vulnerable Countries
Singapore will participate in international initiatives backing the IMF's programs for vulnerable nations. This aligns with global financial cooperation efforts led by MAS. The move underscores Singapore's role in international financial stability.
MAS: Official Govt Communications via .gov.sg Websites
MAS emphasizes that Singapore government agencies communicate through .gov.sg websites, such as go.gov.sg/open. Businesses must use trusted websites to access authentic official notices. This advisory helps verify genuine regulatory information.
ACRA Overview: Singapore's Regulator for Business and Accountancy
ACRA is Singapore's key regulator for business registration, financial reporting, public accountants, and corporate service providers. Established in 2004 and merged in 2023, it administers major business laws and fosters a trusted environment for innovation and growth. Its responsibilities include setting accounting standards and developing the accountancy sector.
ACRA Promotes Accountancy as Rewarding Career with Growth Opportunities
ACRA highlights accountancy as a dynamic, rewarding career essential for business integrity and public interest. It emphasizes progression in emerging fields like sustainability reporting and IT audit. Students and professionals are encouraged to pursue qualifications such as the Singapore Chartered Accountant Qualification (SCAQ).
ACRA Financial Reporting Practice Guidance for FY2025 Statements
ACRA's resource page details directors' duties, the Financial Reporting Surveillance Programme, and relief applications for financial statements. It provides downloadable Practice Guidance No. 1 of 2025 focusing on review areas for FY2025, plus prior years' documents from 2024 to 2012. Businesses should consult these to ensure compliant financial reporting.
ACRA ASC Updates: New SFRS(I) and FRS for 2026 Reporting Periods
ACRA's Accounting Standards Committee (ASC) has published collections of SFRS(I)s and FRSs applicable for annual periods starting 1 January 2026. Recent amendments address disclosures on uncertainties and subsidiaries without public accountability. Businesses should note upcoming consultations and leadership changes in ASC.
ACRA Aligns AGM and AR Timelines to FYE from 31 Aug 2018
ACRA has aligned timelines for holding Annual General Meetings (AGMs) and filing Annual Returns (ARs) to companies' Financial Year Ends (FYE) effective for FYE on or after 31 August 2018, reducing regulatory burden. Listed companies must hold AGMs within 4 months and others within 6 months post-FYE. AR filing deadlines are also tied to FYE, with safeguards on FYE changes to prevent arbitrary adjustments.
MAS Promotes Fit Notes & E-Hong Baos for Greener Lunar New Year
MAS urges using fit banknotes or digital e-hong baos for Lunar New Year hong baos to minimize environmental impact from new note printing. This initiative supports sustainable practices during festive celebrations. Businesses handling cash gifts can adopt these greener alternatives.