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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

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.
Mr Bocker said the DAC is not in favour of quotas now, but a stronger regulatory push may be needed if progress stagnates
Ms Foo said that the additional diversity disclosure requirements should not be an undue burden on companies


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.