To that end, SGX RegCo will apply quarterly reporting (QR) requirements only for companies associated with so-called “higher risks” from Feb 7. This includes companies that have received a disclaimer of opinion, adverse opinion or qualified opinion from its auditors on its latest financial statements.
SINGAPORE (Jan 10): It is the start of 2020 and already, the Singapore Exchange Regulation (SGX RegCo) is reforming the listing requirements and regulations that govern locally-listed companies.
At a recent briefing, chief executive Tan Boon Gin says the regulatory arm aims to make these changes more “targeted” and “surgical”. This is to ensure that companies are not “over-burdened” while non-compliant companies receive more attention and are stopped as early as possible in their “malfeasance”, he adds.
