Singapore has constructed a rigorous gateway for nominee directors to enter their roles, yet left the exit largely unguarded. When foreign company owners vanish and leave local directors legally bound to firms they cannot control, the law meant to ensure accountability becomes an instrument of entrapment. This gap in the regulatory architecture — felt most acutely by those who never sought permanence in the role — invites Singapore to ask whether responsibility should follow conduct, or merely circumstance.
Singapore needs clearer exit rules for trapped nominee directors
A woman was unable to legally resign from company directorships she could not escape.