Singapore: Amendments to FATCA regulations

Singapore: Amendments to FATCA regulations

The government of Singapore in early January 2017 issued regulations to amend the 2015 FATCA regulations. The purpose of the new regulations is to align the description of accounts or investments under the Central Provident Fund (CPF) rules with recent amendments to the CPF Act that were effective 1 January 2017.

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The amendments to the FATCA regulations do not change the types of CPF accounts/investments that are excluded for FATCA reporting purposes.

 

Read a January 2017 report [PDF 70 KB] prepared by the KPMG member firm in Singapore

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