Reading time 6 min read
Every Singapore company must maintain a register of its ultimate beneficial owners. Here is how to do it properly.
The Register of Registrable Controllers identifies the individuals who ultimately own or control your company. Maintaining it accurately is a legal requirement and a key part of Singapore's anti money laundering framework.
What goes into the register
- Full name and nationality of each controller.
- Residential address and date of birth.
- Date the person became a controller.
- Nature of control held.