The initiative follows a slew of bond defaults in Singapore, including by Swiber Holdings, Noble Group and Hyflux, which have left retail investors nursing losses in recent years.
(Aug 7): Singapore is examining ways to tighten regulation of retail bond issues and the real estate investment trust sector as it steps up investor protection in the city-state.
The Singapore Exchange’s regulatory arm, SGX RegCo, will create a working group to review and improve disclosures relating to retail bonds, SGX RegCo's Chief Executive Officer Tan Boon Gin said in a statement setting out his organisation’s goals for the remainder of the year.
