Compliance queries drop as SGX seeks to reduce regulatory noise
Singapore
THE number of compliance queries by Singapore Exchange Regulation (SGX Regco) fell in the July-to-September period as the market regulator placed an emphasis on reducing the chilling effect of unnecessary alarms on share prices.
The number of market manipulation cases that SGX Regco referred to the Monetary Authority of Singapore (MAS) also fell during the period, while insider trading cases referred to MAS rose, according to data by SGX Regco, SGX's independent regulatory arm.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Stellantis misses forecasts with 12% revenue drop in Q1, sees stronger H2
L'Occitane's billionaire owner Geiger to take firm private in US$1.8 billion deal
Australian budget airline Bonza collapses, passengers stranded
HSBC CEO to retire; bank reports 1.7% lower Q1 profit of US$10.8 billion
AIA launches wealth centre targeting high-net-worth clients
Samba, Gazelle shoes help drive Adidas sales while North America lags