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CAS 360 Product Update – August 2022

By August 19, 2022June 19th, 2023CAS 360, Product Updates

We are excited to announce another sensational CAS 360 update! Including the release of the major feature Automated Document Reminders!

What's new?

Automated Document Reminders

The major feature of this release is the new Automated Document Reminders.

CAS 360 now has a setting to automatically create scheduled document reminders when a document is prepared. The reminders are broken into 3 groups.

Reminder Type Details
Document Deadline Document Deadline Reminders are regulator forms that have a set deadline date, automated reminders will be sent based on the number of days before the deadline
Annual Review / Return Annual Review / Return, automated reminders will be sent based on the number of days before the deadline
Other Document Other Documents Reminders are non-regulator forms that do not have a deadline date, automated reminders will be sent based on the number of days since the document has been prepared

The Document Deadline reminders are completely customisable to match your firm’s reminder requirements. You have the flexibility to select how many reminders will be sent (up to 6) and also how frequently.

We have also added the ability to select the sender, and to who the reminders will be sent to. Best of all you can now select what labels the reminders will apply to. So you do not have to include all clients.

The Automation report has also been updated. Already a favourite with CAS 360 users, the Automation report shows you every time you log in all the automated reminders CAS 360 has sent for you. The new Automated Document Reminders have been added to the automation report.

Register of Substantial Shareholders Report

A new register of Substantial shareholders report has been added to CAS 360.

The new register will show the share classes and then the shareholder, with the currency of shares, number of shares and the percentage of shareholding they have.

A substantial shareholder is any shareholder who holds more than 5% of the shares.

Minutes and Resolutions Improvements

Improvements have been made to all Directors’ meeting minutes and resolutions to now include Effective Dates for all share and unit transactions.

Improvements have also been made to show more details about the share/unit type that has been issued. The minute or resolution will now show – Class, Description, and Paid-up status.

Comparison Report improvements

We have made a number of improvements to the Comparison report for Singapore companies. The biggest improvement is enhanced name matching. Names will now be matched regardless of surname, and first name order.

Improvements have also been made for joint members and nationalities.

Foreign Branch Companies improvements

A number of new improvements for Foreign Branch Companies have been added in this update. The Directors’ meeting minutes and resolutions have been improved, the signing of documents such as Form 24, Form 25 and the cover letter has been improved and new validations have been added.

Foreign Branch Companies can now also prepare their Annual Return Documents in CAS 360.

Will CAS 360 work for your needs?

BGLCorp

Author BGLCorp

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