A file photo of the SGX Centre in Singapore. — Bloomberg
SINGAPORE: Singapore is prepared to make “bold changes” to regulatory structures in an attempt to revive its languishing stock market, according to its second Finance Minister.
Chee Hong Tat, who is chairing a task force looking at ways to strengthen the equities market, said the group aims to remove outdated rules, encourage a pipeline of quality listings, and boost liquidity. Measures – which may include cutting listing costs and expanding the pool of equity derivatives – will be implemented in phases before the end of a 12-month review period, he said.
