Rewriting of market's rulebooks not over

Singapore

THE regulatory overhaul of the Singapore investment landscape will continue in 2015 with significant changes aimed at attracting listings, improving corporate governance and raising market quality.

"We're heading towards a regulatory framework that marks a more mature market," TSMP Law Corp joint managing director Stefanie Yuen Thio said. "However, for better or for worse, post-Lehman crisis, we are also operating in a business world where more regulation is the norm and I believe that this is a trend that will continue."

The most immediate change was one that was first proposed in August 2013 and it will take effect on Jan 19, namely, the introduction of board lots of 100 shares compared to the current 1,000. "(Smaller board lots) will im…