MAS Weighs Changes to Corporate Governance Code for Boards' Roles, Will Monitor Value Unlock Progress

At the inaugural Chairpersons Guild Forum on 6 March 2026 — reported on SID's news portal — MAS Managing Director Chia Der Jiun confirmed that Singapore's CG Code review will specifically strengthen provisions on corporate culture, board effectiveness, and risk management, with a dedicated sub-committee also considering AI governance. The review signals that chairman and board leadership quality, not just compliance disclosure, will become a regulatory expectation for SGX-listed companies. Mid-market SEA CEOs and chairs should treat this as an early signal to actively audit board dynamics, agenda quality, and CEO-Chair alignment before the updated Code takes effect.