SINGAPORE (Jan 10): Effective today, The Association of Banks in Singapore (ABS) Listings Due Diligence Guidelines (ABS Guidelines) and Issue Managers (IM) independence requirements will be incorporated into the Mainboard Listing Rules.
This is to strengthen the rules governing the listing review process, which is crucial to investor confidence, according to Singapore Exchange Regulation (SGX RegCo).
The ABS Guidelines will serve as a reference point for expected industry standards.
It will also be a guidance on the...(click on link for full story on theedgesingapore.com)