Regulators to beef up policing of corporate and governance breaches

Singapore

REGULATORS and enforcement agencies are nudging towards closer collaboration in the patrolling and investigation of the Singapore capital markets, a move that could lead to speedier prosecution and improved regulatory efficiency in the future.

In a keynote speech delivered by Money Authority of Singapore (MAS) deputy managing director Ong Chong Tee, he spoke of the set up of a joint forum to review accounting and disclosure issues, as well as the bolstering of co-ordination among the authorities.