Under the Common Reporting Standard (CRS), which has been in effect since 1 January 2017, Singapore-based Financial Institutions (SGFIs) – depository institutions such as banks, specified insurance companies, investment entities and custodial institutions – are now required to establish the tax residency status of all their account holders, and report to IRAS, the financial account information of account holders who are tax residents of jurisdictions with which Singapore has a Competent Authority Agreement (CAA) to exchange the information.
Yik Sook Ling is Appointed CFO of Public Bank Berhad
Yik Sook Ling has been named Chief Financial Officer of Public Bank Berhad.
She has 22 years of working experience in area of auditing, accounting and finance. She started her career with Arthur Andersen and subsequently assumed the role of finance controller, Vice President of Finance, and Finance Director of various commercial organisations and financial institutions.