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SGX RegCo mulls Singapore-registered auditors for all listed companies, new rules on property valuers and valuations

Stanislaus Jude Chan
Stanislaus Jude Chan • 3 min read
SGX RegCo mulls Singapore-registered auditors for all listed companies, new rules on property valuers and valuations
If the proposal is implemented, audits performed for all SGX-listed issuers will effectively be subject to ACRA’s regulatory oversight.
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SINGAPORE (Jan 16): Singapore Exchange Regulation (SGX RegCo) is proposing to strengthen oversight of audits by requiring all listed companies to appoint an auditing firm and audit partner registered with Singapore’s Accounting and Corporate Regulatory Authority (ACRA).

Foreign issuers that wish to appoint foreign auditors must also appoint an auditor registered with ACRA to act as a joint auditor.

The market regulator has launched a month-long public consultation to seek views on a number of proposals, according to a statement on Thursday.

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