Mainboard listing review rules strengthened
More oversight over issue managers and due diligence standards; ABS guidelines will be incorporated
Janice Heng
Singapore
THE rules governing the Singapore Exchange's (SGX) mainboard listing review process have been strengthened with effect from Jan 10, with greater oversight over issue managers and due diligence standards, said the SGX's regulatory arm (SGX RegCo).
One change is that The Association of Banks in Singapore (ABS) Listings Due Diligence Guidelines are being incorporated into mainboard listing rules.