Document background
The Authorization Letter for Contract Verification is a crucial document in Singapore's business environment where third-party verification of contracts is frequently required. This document enables organizations to delegate contract verification responsibilities while maintaining legal compliance and internal controls. It's particularly important in scenarios involving multiple jurisdictions, high-value transactions, or when formal authorization is required by regulatory bodies. The letter must conform to Singapore's legal framework, including the Electronic Transactions Act and Companies Act, and typically specifies the scope, duration, and limitations of the verification authority granted.
