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Industry code to be reviewed to enhance corporate governance and disclosures among listed firms
May 30, 2025
|The Straits Times
The Code of Corporate Governance will be reviewed to enhance corporate governance practices and disclosures among listed companies in Singapore, said the Monetary Authority of Singapore (MAS) on May 29.
The review will be undertaken by the Corporate Governance Advisory Committee, which was set up by MAS in 2019 as a permanent, industry-led body to advocate good corporate governance practices among listed companies in Singapore.
The review complements the ongoing work of the Equities Market Review Group, which was launched in 2024 to boost Singapore's equities market, MAS said, without stating the timeline for the completion of the review.
Mr Bob Tan, chairman of the advisory committee, said: "The committee will be reviewing the corporate governance code for its continuing relevance and ensuring that its disclosure requirements are meaningful to both existing shareholders and potential investors of large cap and small and medium-sized (SME) listed companies.
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