In August 2024, the Monetary Authority of Singapore (MAS) introduced the formation of a review group to strengthen Singapore’s equities market. Many recommendations have actually been made ever since. These consist of researching exactly how various other markets have actually revitalised themselves, and improving elements of the neighborhood regulative routine.
The team– which is divided right into the business and markets workstream and regulative workstream– has an interesting required. Among its goals is to improve what works and to determine brand-new development chances. Second Minister for Finance Chee Hong Tat, that chairs the evaluation team, stressed a vital viewpoint: rather than completing straight with bigger exchanges, Singapore need to concentrate on “adding value by playing to its strengths”.