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'Comply or explain' - or 'comply or else'?

The Code's requirement is given effect through the SGX Listing Manual - which is mandatory, not optional.

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Some companies conveniently leave things in the dark, with disclosures relating to risk governance, board diversity and sustainability often singled out as lacking in comprehensiveness.

IN ADDITION to the installation of a new leadership at the Singapore Exchange (SGX), industry insiders are also sensing the emergence of a new approach to the regulatory regime.

For one thing, the regulator appears to be knuckling down on the Code of Corporate Governance. In October, Tan