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LATEST DEVELOPMENTS IN CORPORATE GOVERNANCE REGIME FOR SINGAPORE

December 2011 - Corporate & Commercial. Legal Developments by Selvam LLC.

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2011 was a year of significant developments in the corporate governance regime in Singapore. In June, the Corporate Governance Council (the “Council”) released a consultation paper on the proposed revisions to the Code of Governance (the “Code”). In September, the Singapore Exchange Securities Trading Limited (“SGX”) followed with amendments to its listing rules (the “Rules”). This article seeks to discuss some of the major changes in the Code and the Rules.

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Duane Morris & Selvam LLP, a Joint Law Venture