Strengthening Foundations and Driving Value Creation in Singapore's Listed Companies

MAS Managing Director Chia Der Jiun addressed Singapore's SID Chairpersons Guild Forum, announcing that Singapore's Code of Corporate Governance review will specifically enhance provisions on board effectiveness, corporate culture, and risk management—including emerging areas like AI. He called on boards to move beyond compliance and act as disciplined stewards of capital, with strong challenge and oversight of management on value creation. For SEA CEOs and chairs, this speech sets the regulatory direction for what board performance expectations will look like across the region.