The statement adds that the standards, which are now made public, will allow companies and investors to better understand what the digital services that are used at their meetings can do and how robust they are.
Singapore Exchange Regulation (SGX RegCo), the Singapore Institute of Directors (SID) and the Chartered Secretaries Institute of Singapore (CSIS) have outlined standards for companies that provide the systems to enable the holding of virtual and hybrid general meetings.
In their joint statement, SGX RegCo, SID and CSIS explained that companies have to consider a list of issues when choosing their service providers. Within their standards outlined, issues such as functional capabilities, general system availability levels and the recovery provisions of such systems are included.
