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How To Set Up A Register of Controllers?

11,624 views November 1, 2017 9:24

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ChannelAcra

Description from the creator

[Video updated on 3 May 2017 with refinements to the narration and visuals for better clarity.]

On 10 March 2017, Parliament of Singapore passed the Companies (Amendment) Bill and Limited Liability Partnerships (Amendment) Bill. A key legislative amendment which took effect on 31 Mar 2017 requires all corporate entities, namely companies, foreign companies and limited liability partnerships (LLPs) (unless exempted by legislation) to maintain a register of beneficial owners (termed as registrable "controllers"). This video explains how to set up a Register of Controllers.

The key chapters in the video are:

• Who is a Controller? 1:09-1:24
• What is Significant Interest? 1:25-2:02
• What is Significant Control? 2:03-2:37
• When, where and how to set up the register? 5:40-6:48
• Who to send out notices to? 6:49-7:08
• Duties and Liabilities of companies and LLPs 7:09-8:15
• Information to be kept in the register 8:16-8:44

More information can be found at www.acra.gov.sg/CA_2017

About this tutorial

Acra published this 9:24 video tutorial on November 1, 2017. It has been watched 11,624 times on YouTube.

Channel
Acra
Category
Education
Duration
9:24
Published
November 1, 2017
Views
11,624
Likes
23

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