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SGX gears up to review listing rules

 

It has already formed a Working Committee.

According to a release, Singapore Exchange (SGX) said that since its ‘Proposed review of listing manual’ announcement on 3 August 2012, a Working Committee has been established to conduct a comprehensive review of the listing manual to enhance the robustness, efficacy and relevance of the listing framework in Singapore. 

The Working Committee has commenced its review to identify areas of possible enhancements to strengthen Singapore’s attractiveness as a capital market.

This effort dovetails with SGX’s initiatives to transform the marketplace and is part of its continuing efforts to uphold good corporate governance and high regulatory standards. The Committee, chaired by Mr Richard Teng, Deputy Chief Regulatory Officer of Singapore Exchange, comprises representations from the Association of Banks in Singapore Corporate Finance Committee and market practitioners.

The Working Committee welcomes proposals from market participants, both professional and the public which can be sent to the Regulation team at LM@sgx.com.

Proposals have been made by the Securities Investors Association of Singapore (SIAS) and carefully considered by the Working Committee. SGX is appreciative of the efforts of, and feedback by SIAS.



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