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SGX RegCo forms working group to review retail bonds framework amid Hyflux debacle

Stanislaus Jude Chan
Stanislaus Jude Chan • 3 min read
SGX RegCo forms working group to review retail bonds framework amid Hyflux debacle
SINGAPORE (Jan 2): Singapore Exchange Regulation (SGX RegCo) has set up a working group to review the retail bonds regulatory framework.
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SINGAPORE (Jan 2): Singapore Exchange Regulation (SGX RegCo) has set up a working group to review the retail bonds regulatory framework.

Comprising industry professionals and investors, the group will discuss matters such as the admission criteria for retail bond listings, the continuing obligations of issuers of such bonds, and ways to protect bondholder interest in the event of a default or restructuring.

The working group is expected to present its recommendations and views to SGX RegCo by mid-2020. This will be followed by a public consultation, likely take place by the end of the year.

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