SGX RegCo to query less, react faster, ensure smooth newsflow, market discipline

Tan Boon Gin, CEO, SGX RegCo in closing remarks at the Audit and Risk Seminar 2025, likened RegCo to a referee in a football game. “When I tried to check the scores, I was struck by how every single headline was about the referee, whether a penalty should have been awarded, or whether a red card should have been given. I was annoyed. I wanted to read about the game, not the referee."

So it is with the market. Investors want news about their stocks and investments, not about the regulator constantly disciplining listed companies.