Earlier this year the Monetary Authority of Singapore and Singapore Exchange published a consultation paper titled Review of Securities Market Structure and Practices: see here (pdf). The consultation period closed in early May and, a few days ago, a joint response was published: see here (pdf). The response outlines the actions that will now be taken, including setting a minimum trading price for issuers listed on the SGX Mainboard and the introduction of a wider range of sanctions for breaches of listing rules.
Thursday, 14 August 2014
Singapore: MAS/SGX review of securities market structure and practices - proposals now confirmed
Earlier this year the Monetary Authority of Singapore and Singapore Exchange published a consultation paper titled Review of Securities Market Structure and Practices: see here (pdf). The consultation period closed in early May and, a few days ago, a joint response was published: see here (pdf). The response outlines the actions that will now be taken, including setting a minimum trading price for issuers listed on the SGX Mainboard and the introduction of a wider range of sanctions for breaches of listing rules.
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