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Time to review SGX's wearing of two hats

Call from market stakeholders follows MAS official's comment that there could be scope to reduce oversight overlaps

Published Fri, Jun 26, 2015 · 09:50 PM

Singapore

MARKET stakeholders welcomed a review of the dual role of Singapore Exchange (SGX) as a regulator and a commercial business, a day after the Monetary Authority of Singapore (MAS) said there could be scope to do so.

"A listed company should not be a regulator," Securities Investors Association of Singapore (SIAS) president David Gerald said, reflecting comments made by others.

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