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IMPACT – HIGH
What is the change? The Ministry of Manpower has set a Sept. 1 deadline for all companies to switch to Singapore Corporate Access, or CorpPass, when using Employment Pass Online or conducting other business transactions with the government. CorpPass will replace the SingPass login.
What does the change mean? Companies that are still using SingPass should register a CorpPass account as soon as possible. MOM is urging companies to register with CorpPass as part of the authorities’ drive to protect both personal and business information.
Background: MOM launched the use of CorpPass for companies using Employment Pass Online last year. The ministry initially said that CorpPass would become mandatory for companies using Employment Pass Online in December of last year, but the deadline was subsequently extended until the third quarter of this year.
BAL Analysis: Companies that have not created a CorpPass account should do so as soon as possible.
This alert has been provided by the BAL Global Practice group in Singapore. For additional information, please contact singapore@bal.com.
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