Conflicting viewpoints, interests will be MAS review group’s biggest challenges
Its true value will be in its ability to make unpopular decisions and stick with them, even if they do not yield immediate results
Add BT as a preferred source
I DON’T envy the task facing the group formed by the Monetary Authority of Singapore (MAS) to improve the Singapore stock market. Since the announcement of its formation on Aug 2, suggestions have been pouring in.
Some, such as better support of financial literacy initiatives, are relatively easy to execute. Others, such as the formation of a new exchange, are high-effort ideas. Still others, such as the establishment of an ombudsman office, are sure to step on a few toes.
It is only natural that every market participant brings to the table a suggestion shaped by its own perspective. All these perspectives are valid ones, but they will sometimes be in conflict.
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
Singapore workers experiencing rising anxiety; signs of fallout from pressure to use AI
