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Trust us, we are really independent

Singapore's corporate world provides many examples of questionable independence. The rules need tightening.

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ON OCT 14, Chew Yi Hong and I released the Governance Index for Trusts (GIFT) 2020. In assessing the 45 trusts covered, we re-designated 14 independent directors (IDs) in 11 trusts from independent to non-independent due to their tenure having exceeded nine years or their close relationships...

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