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Govt backs push for diversity disclosure

Diversity panel chief says Singapore's reputation and edge could be hurt by its falling behind peers

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An MAS spokesman said the financial regulator supports amending the corporate governance code as recommended, as well as the call for companies not to wait for the new rules.

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Mr Bocker said the DAC is not in favour of quotas now, but a stronger regulatory push may be needed if progress stagnates

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Ms Foo said that the additional diversity disclosure requirements should not be an undue burden on companies

Singapore

THE government is supporting the Diversity Action Committee's (DAC) call for Singapore-listed companies to report on diversity policies and targets, or provide an explanation if they fail to do so, Minister for Social and Family Development Tan Chuan-Jin said on Wednesday.

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