SGX board shake-up puts independence under the spotlight

SGX board shake-up puts independence under the spotlight

Singapore’s listed companies could face tighter limits on how their boards are built and run, after the Corporate Governance Advisory Committee (CGAC) and the regulatory arm of the city-state’s exchange, Singapore Exchange Regulation (SGX RegCo), put forward a package of reforms to the Code of Corporate Governance and the SGX Listing Rules. Among the most […]

Singapore caps board seats as governance overhaul looms

The Corporate Governance Advisory Committee (CGAC), working alongside SGX RegCo has unveiled proposals that would reshape how boards of listed companies operate, including a limit of five listed-entity directorships per individual. The two bodies have put forward amendments to the Code of Corporate Governance and the SGX Listing Rules respectively, with the stated aims of […]