As businesses expand into overseas markets, they encounter new risks, stakeholders, regulatory requirements, and operational complexities. To support companies in navigating these challenges, Cambridge Advisers and National University of Singapore (NUS) Business School have collaborated through a Field Service Project to create a primer on Singapore Compliance and Corporate Governance.
This resource provides businesses with the latest developments in Singapore’s compliance requirements such as the 2024 Company and Limited Liability Partnership (Miscellaneous Amendments) Act, and general governance and risk management principles, enhancing their journey toward stronger corporate governance. Effective governance not only ensures the long-term performance, sustainability and accountability of companies, but also serve as a safeguard against the spectre of misconduct and fosters long term value creation with investors.
This primer covers, among other topics:
- An introduction to corporate governance and its importance in overseas expansion
- Why Singapore is the preferred location for establishing regional headquarter
- The latest requirements for companies operating in Singapore, including regulations around anti-money laundering and data protection
- Key governance challenges and best practices for SMEs, family-owned businesses, and public companies
The primer also employs a "Question and Answer" format and “Commentaries” to provide actionable response or provoke thoughts, allowing for a logical and accessible exploration of both general and more specialised governance-related topics. Kindly note that this primer is not intended to provide a "one-size-fits-all" perspective or solution, as companies may have varying needs at different stages.
