SGX unit to review quarterly reporting needs for firms


New move: Singapore Exchange’s regulatory unit will conduct a strategic review in due course. – Reuters

SINGAPORE: Singapore Exchange’s newly-formed regulatory subsidiary will review whether companies need to continue filing quarterly results to the exchange, as part of a strategic review of the bourse’s regulations.

SGX, which has the rare dual role as market operator and front-line regulator, announced the creation of Singapore Exchange Regulation Pte Ltd (SGX RegCo) last year to address potential conflicts between its commercial objectives and regulatory responsibilities.

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