Registry Information - Its value and relevance to the corporate

world today

Bernice Quek

Accounting and Corporate Regulatory Authority

13 Mar 2013

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

Information Services

BizFile Data

iShop Retail Services

General Public / Ad-Hoc Requestor

Electronic Products Microfilm Standard

Package

NonStandardPackage

304,063 341,862 380,844 406,540 443,268

Volume of Information Sales Transactions

2008 2009 2010 2011 2012

229,551 264,645 294,903 315,745 345,840

Business Profiles Sold

Information Services

Information Services

Collaborations with theMedia

Business Times,

Jan 2013

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”

XBRL

Taxonomy

Financial Filing

Process

Consumption

Data Integrity

Financial Disclosure

Business Analytics using XBRL data Empower businesses through financial analytics Promote the benefits of XBRL reporting

Financial Disclosure

- 100,000,000.00 -

5.00

10.00

Comparison against three peers and industry median

Revenue

Net

Pro

fit

Marg

in

Singapore Financials Direct

Financial Strategic Intelligence Reports (New)

Financial Strategic Intelligence Reports (New)

Corporate Compliance

Provisions of the Companies Act Annual General Meeting, Annual

Return and Accounts Up-to-date

Annual General Meeting, Annual Return or Accounts Late

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

Whole of Government Collaboration

12312Clicks On Map

891Redirections to sales portal

Whole of Government Collaboration

Mitigating MacroeconomicRisks

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

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

Thank You