SINGAPORE Exchange Regulation (SGX RegCo) is planning to make companies disclose exactly how much they pay chief executive officers (CEOs) and directors.

The frontline regulator also said in a statement on Tuesday (Sep 13) that it intends to limit the service of independent directors (IDs), building upon earlier rules that required long-serving IDs to be subject to 2-tier voting.

The proposed changes – which will be detailed in upcoming consultations – are aimed at raising corporate governance standards of companies listed on the Singapore Exchange (SGX).