The Companies and Limited Liability Partnerships (Miscellaneous Amendments) Act 2024 amended, from 16 June 2025, the Companies Act 1967 (CA) and the Limited Liability Partnerships Act 2005 along with related regulations, to address the risk of misuse of nominee arrangements — an area identified as vulnerable to abuse and potentially the cause of illicit activities.
These amendments enhance Singapore’s anti-money laundering regime to Enhance statutory register disclosures to meet FATF standards, prevent accidental omissions, and improve transparency and accuracy of nominee arrangements through timely and ongoing updates.