In May 2015, Singapore Customs revised its Guide to “Keeping and Maintaining Records in Image System”. The Guide includes a new requirement that where importers, exporters and their agents (collectively, “Traders”) use a storage system to store and retrieve records (an “Image System”) without retaining physical copies, they must use a system with proven hardware and software components reputable for security, quality and performance to satisfy their retention obligations.If Traders fail to comply with their…