Singapore legislation
Regulation 11
of Income Tax (Concessionary Rate of Tax for Financial Sector Incentive Companies) Regulations 2017
Regulation 11
Financial sector incentive company to maintain records
A financial sector incentive company must keep and maintain such records, as may be required by the Minister or approving authority for the purposes of these Regulations, of the particulars of every settlor and every beneficiary or unit holder, as the case may be, of every trust in respect of which it provides its services.