On 19 November 2025, the Equities Market Review Group announced its final set of measures to strengthen the competitiveness of Singapore’s equities market, which included a proposed partnership between the Singapore Exchange (SGX) and Nasdaq to simplify and streamline dual listings in Singapore and the US by way of a dual listing bridge connecting both exchanges. On the same day, SGX announced it will launch a new board (Global Listing Board) for issuers who wish to list in Singapore under the dual listing bridge.

The Monetary Authority of Singapore (MAS) had on 9 January 2026, issued its consultation paper on its proposed amendments to the Securities and Futures Act 2001 and draft regulations to facilitate dual listings on the Global Listing Board. On the same day, SGX Exchange Regulation (SGX RegCo) also issued its consultation paper on its proposed listing rules for the Global Listing Board.

In this update, our Head of Equity Capital Markets Gail Ong and Partners Karen Yeoh, James Choo and Ong Kuan Chung, summarise the key amendments proposed by the MAS, and the key listing rules for the Global Listing Board proposed by SGX RegCo.

If you would like information and/or assistance on the above or any other area of law, you may wish to contact the Partner at WongPartnership whom you normally work with or any of the following Partners:

Gail ONG
Head – Equity Capital Markets
d +65 6416 8205
gail.ong@wongpartnership.com
Click here to view Gail’s CV.

Karen YEOH
Partner – Equity Capital Markets
d +65 6416 2482
karen.yeoh@wongpartnership.com
Click here to view Karen’s CV.

James CHOO
Partner – Equity Capital Markets
d +65 6416 2418
james.choo@wongpartnership.com
Click here to view James’ CV.

ONG Kuan Chung
Partner – Equity Capital Markets
d +65 6416 2415
kuanchung.ong@wongpartnership.com
Click here to view Kuan Chung's CV.