IMPACT – HIGH
What is the change? Companies are reminded that the Ministry of Manpower has set a December 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 date by which companies must switch to CorpPass (saying only that it will become mandatory in December), BAL recommends that companies assume that the deadline is Dec. 1 to minimize the risk of breaks in service.
Background: MOM launched the use of CorpPass for companies using Employment Pass Online earlier this year. The ministry said in May that CorpPass would become mandatory for companies using Employment Pass Online and would replace SingPass for business transactions with the government. After the switch in December, SingPass will only be available for use by individuals and can no longer be used for business transactions.
BAL Analysis: Companies should create a CorpPass account as soon as possible if they have not already done so.
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