Singapore Exchange Regulation (SGX RegCo) announced on 24 June 2021 that following a public consultation, it is expanding its range of enforcement powers and requiring issuers to have a whistleblowing policy.
The expansion of enforcement powers will take effect on 1 August 2021. Such a move is expected to lead to quicker enforcement, enhancing the protection of investors and acting as a greater deterrent against wrongdoing. Click here to read.