Edward Chia on Securities and Futures (Amendment) Bill
The Securities and Futures (Amendment) Bill strengthens Singapore’s position as a global capital markets hub. In particular, the introduction of the sponsored Depository Receipt framework and Global Listing Board are forward-looking. MP Edward Chia said this in parliament on Thursday (May 7). He spoke on three areas - future-proofing the new framework, the strength and structure of the supporting ecosystem, and dispute resolution and investor recourse. Mr Chia also said that while the bill expands access and facilitates listings, listing alone are insufficient to anchor capital. He asked what concrete steps Singapore will take to build liquidity deliberately.
The Securities and Futures (Amendment) Bill strengthens Singapore’s position as a global capital markets hub. In particular, the introduction of the sponsored Depository Receipt framework and Global Listing Board are forward-looking. MP Edward Chia said this in parliament on Thursday (May 7). He spoke on three areas - future-proofing the new framework, the strength and structure of the supporting ecosystem, and dispute resolution and investor recourse. Mr Chia also said that while the bill expands access and facilitates listings, listing alone are insufficient to anchor capital. He asked what concrete steps Singapore will take to build liquidity deliberately.