1. Registry Information - Its value
and relevance to the corporate
world today
Bernice Quek
Accounting and Corporate Regulatory Authority
13 Mar 2013

2. Value and Relevance
 Information services required by businesses and
government agencies
 Financial disclosure and corporate compliance
 Whole of Government (WOG) collaboration
 Mitigation of macroeconomic risks

3. Information Services
General Public / Ad-Hoc Requestor
iShop Retail Services
Non
Electronic Standard
Microfilm Standard
Products Package
Package
BizFile Data

4. Information Services
Volume of Information Sales Transactions
2008 2009 2010 2011 2012
304,063 341,862 380,844 406,540 443,268
Business Profiles Sold
229,551 264,645 294,903 315,745 345,840

5. Information Services

6. Collaborations with the
Media
Business Times,
Jan 2013

7. Financial Disclosure and
Corporate Compliance
 Investor confidence and capital costs
 Neel Foster (former member of FASB)
 “More information always equates to less
uncertainty, and ... people pay more for certainty. In
the context of financial information, the end result is
that better disclosure results in a lower cost of
capital”

8. Financial Disclosure
Taxonomy
Financial
Data
Integrity XBRL Filing
Process
Consumption

9. Financial Disclosure
Business Analytics using XBRL data
 Empower businesses through financial analytics
 Promote the benefits of XBRL reporting
Comparison against three peers and
industry median
10.00
Net Profit Margin
5.00
-
- 100,000,000.00
Revenue

10. Singapore Financials Direct

11. Financial Strategic
Intelligence Reports (New)

12. Financial Strategic
Intelligence Reports (New)

13. Corporate Compliance
 Provisions of the Companies Act
 AnnualGeneral Meeting, Annual
Return and Accounts Up-to-date
 AnnualGeneral Meeting, Annual
Return or Accounts Late

14. Putting It All Together:
 Corporate Compliance & Financial Profile
(CCFP)
 Features
 Business profile information
 Compliance rating
 Financial information
 Significant interest expressed by stakeholders
 Suggestions and feedback received at dialogues
 Professional bodies assisted in publicity

15. Whole of Government
Collaboration

16. Whole of Government
Collaboration
12312
Clicks On Map
891
Redirections to sales portal

17. Mitigating Macroeconomic
Risks
 Registry information gives an indication of economic
slowdowns - Singapore’s Composite Leading Indicators
(CLI)
Economic survey of
Singapore 2011,
Ministry of Trade and Industry,
Singapore

18. In Summary
 The value and relevance of registry information
 For the business entities
 Quality and timeliness of financial reporting
improves investor confidence
 Value added service with WOG collaboration
 Mitigating macroeconomic risks

19. Thank You