Singapore Studies Tightening Regulation For Bonds, REITs
- Exchange to set up working group to look into bond disclosures
- Working group to focus on role of trustees, investor rights
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Singapore is examining ways to tighten regulation of retail bond issues and the real estate investment trust sector as it steps up investor protection in the city-state.
The Singapore Exchange’s regulatory arm, SGX RegCo., will create a working group to review and improve disclosures relating to retail bonds, SGX RegCo.’s Chief Executive Officer Tan Boon Gin said in a statement setting out his organization’s goals for the remainder of the year.