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IMPACT – MEDIUM
What is the change? Employers are reminded that the Ministry of Manpower has set a third quarter 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 current SingPass login.
What does the change mean? MOM is urging companies to register with CorpPass as part of the authorities’ drive to protect both personal and business information. While MOM has not given a precise deadline for companies to make the switch (saying only that it will become mandatory in the third quarter of the year), BAL recommends that companies assume that the switch will be required by the beginning of the third quarter in order to minimize the risk of breaks in service.
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 2017, but the deadline was subsequently extended until the third quarter of this year.
BAL Analysis: Companies should create a CorpPass account as soon as possible if they have not already done so.
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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