Singapore Exchange to Take Over IPO Prospectus Reviews from MAS
MT Newswires
8 hours ago
Singapore Exchange (SGX:S68) said prospectus review for Mainboard and Global Listing Board applications will be delegated to it by the Monetary Authority of Singapore, according to a Tuesday filing.
Prospective issuers will submit both the prospectus and listing application through the Exchange's electronic submission portal, replacing the previous process of engaging SGX RegCo on listing suitability and separately submitting the prospectus to MAS.
Meanwhile, MAS will retain the authority to grant exemptions from prospectus disclosure requirements and will continue to oversee SGX's regulatory responsibilities.
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