SGX takes carrot and stick approach to set good corporate behaviour
Good behaviour to be rewarded; chain of accountability in place to deal with malfeasance
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Angela Tan
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.
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