ACRA (Registry and Regulatory Enhancements) Bill

The ACRA (Registry and Regulatory Enhancements) Bill amends various acts under the purview of the Accounting and Corporate Regulatory Authority (ACRA) to strengthen the business registry and regulatory system. The bill establishes a repository for information related to business entities, allows for streamlined electronic transactions, and enhances data protection, particularly regarding personal data. Additionally, the amendments ensure that individuals' residential addresses are kept confidential from public disclosure unless specific criteria are met, while allowing for the sharing of necessary data among public agencies. The bill also provides for transitional measures regarding the handling of contact addresses for individuals in various business capacities.