Exchange has been in talks with the Baltic Exchange about a potential merger
The Singapore Exchange has said Monday
that it plans to create a subsidiary company to take over the
exchange's regulatory functions.
SGX said it will establish a separate
subsidiary company, RegCo, to undertake all the front-line
regulatory functions it currently performs, with the move
designed to enhance the governance of SGX as a self-regulatory
organisation (SRO) by making the segregation of its regulatory,
commercial and operating activities more explicit.
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