Singapore
CARROT and stick - that's how the Singapore Exchange (SGX) will shape and deal with the corporate behaviour of listed companies here.
Outlining this to directors at a closed-door seminar organised by SGX and Sias (Securities Investors Association Singapore), Tan Boon Gin, chief executive officer of SGX Regulation (SGX RegCo), said SGX will not take a one-size-fits-all approach in regulating the close to 750 companies listed on the exchange.
"We simply can't because companies can be very different in the way they comply with our listing rules, or even with the law," Mr Tan said.
SGX's "tiering" approach will see well-behaving companies put on the "fast track" list, allowing for instance...