Entities which have acted against Singapore’s national security interests will also have their transactions reviewed under certain circumstances even if they have not been designated under the regime. The regime will apply to both local and foreign investors.
The Ministry of Trade and Industry (MTI), on Nov 3, announced that it will introduce the Significant Investments Review Bill.
The bill will set out a new investment management regime to regulate entities that are critical to Singapore’s national security interests in a bid to ensure the continuity of such critical entities.
