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HOCK LOCK SIEW

Kudos to MAS for light touch on Reit governance

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Ultimately, the light touch approach allows Reit managers to focus on growing their portfolios and distributions instead of having to deal with overly onerous regulations.

REAL estate investment trust managers heaved a sigh of relief when the Monetary Authority of Singapore (MAS) unveiled its finalised list of rules governing the Reit sector.

Following discussions with and feedback from the sector, the central bank opted for a light touch approach to give