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SGX RegCo to get more powers to speed up disciplinary action

It's proposing to take on powers to mete out public sanctions, except for fines

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SGX RegCo CEO Tan Boon Gin said: "We are doing two things: Spreading the caseload out between RegCo and the LDC, and this will also address directly the conflict issue that is slowing down the process currently."

Singapore

THE Singapore Exchange Regulation (SGX RegCo) is looking to sharpen its enforcement teeth by taking on some of the disciplinary powers that previously resided in what market observers say has been a rather ineffective industry-led Listings Disciplinary Committee (LDC).

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