Singapore legislation
Regulation 47
Regulation 47
“Fit and proper” factors for authorised employees
For the purposes of regulations 42(2)(a) and (3)(a), 44(e)(i) and 45(1)(e)(i), a registered qualified individual may, in determining whether an authorised employee is a fit and proper person, take into account whether the authorised employee’s previous conduct and compliance history as any of the following (as applicable) has been satisfactory:
a registered corporate service provider (including (if applicable) a registered filing agent under the ACRA Act as in force immediately before 9 June 2025);
an employee or a key appointment holder of a registered corporate service provider (including (if applicable) an employee of a registered filing agent under the ACRA Act as in force immediately before 9 June 2025);
a registered qualified individual (including (if applicable) a registered qualified individual under the ACRA Act as in force immediately before 9 June 2025).