Disclosures on risk management 'strong'

THE past two years have seen significant growth in the scope and coverage of the Singapore Governance and Transparency Index (SGTI).

Last year, the index was enhanced from the Governance and Transparency Index (GTI); this year, for the first time, real estate investment trusts (Reits) and business trusts are included in the index, so they can be assessed alongside companies with the same rigour.

In addition, the assessment timing is opportune, following the recent formation this year of the Corporate Governance Council by the Monetary Authority of Singapore to review the Code of Corporate Governance, which was last revised in 2012.