Compliance queries drop as SGX seeks to reduce regulatory noise
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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.
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