SGX RegCo Proposes Rule Changes to Broaden Use of Broker Custody Accounts

SGX Filings
Jan 30

Singapore Exchange Regulation, a subsidiary of Singapore Exchange (S68), on Jan, 30 2026 opened a public consultation on rule amendments designed to expand the use of omnibus broker custody accounts in the local securities market.

The proposal would permit brokers and other depository agents to hold customers’ SGX-listed securities in omnibus custody accounts, aligning Singapore’s post-trade framework with common international practices.

Under the draft rules, intermediaries operating broker custody accounts must facilitate investors’ shareholder rights by forwarding meeting and corporate-action notices, assisting with meeting requisitions and allowing sufficient time for clients to submit voting instructions.

SGX RegCo also intends to strengthen regulatory oversight of depository agents through an enhanced supervisory framework.

The consultation runs until Mar, 27 2026, and retail investors may continue to use individually segregated Central Depository accounts after the reforms take effect.

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