---
title: "SGX RegCo Advances Disclosure… | Insights — Lyoen & Partners"
url: https://lyoenandpartners.com/insights/sgx-regco-advances-disclosure-based-regime-governance-standards-and-board-quality-safeguards-retained
description: "SGX RegCo confirmed in October 2025 the outcomes of its market consultation on a less prescriptive, disclosure-driven listing regime, explicitly retaining…"
lang: en-US
---

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Wednesday, October 29, 2025regulation

# SGX RegCo Advances Disclosure-Based Regime: Governance Standards and Board Quality Safeguards Retained

SGX RegCo confirmed in October 2025 the outcomes of its market consultation on a less prescriptive, disclosure-driven listing regime, explicitly retaining key qualitative admission criteria to ensure only issuers with strong governance and financial health are listed. The regulator will require clear board-level disclosure of conflicts of interest, and unmodified audit opinions remain mandatory. For SEA scale-up founders preparing for SGX listings or seeking to benchmark boardroom standards, this signals that governance quality — particularly board independence and transparent conflict management — remains a non-negotiable threshold, not a 'tick-box' exercise.

Sources

Singapore Exchange (SGX) (https://links.sgx.com/FileOpen/20251029_SGX%20RegCo%20advances%20disclosure-based%20regime_Final.ashx?App=Announcement&FileID=865231)

Topic: Boardroom Performance: https://lyoenandpartners.com/insights/topic/boardroom-performance
Region: Southeast Asia: https://lyoenandpartners.com/insights/region/sea

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