SINGAPORE: Parliament on Monday (Nov 6) passed a Bill to close the Central Provident Fund (CPF) accounts of around 300,000 foreigners from April next year, and allow nominees to access CPF information ...
Starting 1 April 2024, non-residents’ participation in CPF schemes will be ceased. The CPF (Amendment) Bill 2023 was passed in the Singapore Parliament on Monday (6 November 2023), with changes made ...
SINGAPORE - The outflow of monies from foreigners closing Central Provident Fund accounts “will not pose liquidity issues” or affect the stability of the CPF system, Senior Minister of State for ...