On 15 May 2025, Singapore Exchange Regulation released a consultation paper on proposed regulatory changes towards a more disclosure-based regime, in line with recommendations made by the Equities Market Review Group in February 2025.

The proposed changes, which apply to SGX Mainboard issuers, span both pre-listing as well as post-listing requirements. Changes to the Listing Rules (Catalist) will be the subject of a separate review.

We summarise in this update the proposed post-listing changes. Our Equity Capital Markets Practice has separately released an update addressing the proposed pre-listing changes, which can be found here.

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:

Kevin HO
Co-Head – Corporate Governance & Compliance
d +65 6416 2555
kevin.ho@wongpartnership.com
Click here to view Kevin’s CV.

Annabelle YIP
Senior Consultant
Principal Member – Corporate Governance & Compliance
d +65 6416 8249
e annabelle.yip@wongpartnership.com
Click here to view Annabelle’s CV.

Vivien YUI
Partner – Corporate Governance & Compliance
d +65 6416 8009
vivien.yui@wongpartnership.com
Click here to view Vivien’s CV.

Jayne LEE
Partner – Corporate Governance & Compliance
d +65 6416 8256
jayne.lee@wongpartnership.com
Click here to view Jayne’s CV.

Valerie LIM
Partner – Corporate Governance & Compliance
d +65 6517 8674
valerie.lim@wongpartnership.com
Click here to view Valerie’s CV.