Singapore's monetary authority sets up review group in bid to revive its equities market

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MAS said one goal will be to identify methods for encouraging participation, including from capital market intermediaries, investors and listed companies. 

The group will focus on addressing market challenges, fostering listings, and facilitating market revitalization, as well as enhancing regulations to facilitate market growth and foster investor confidence.

MAS said another key goal will be to identify methods for encouraging private sector participation, including from capital market intermediaries, investors and listed companies.The Monetary Authority of Singapore announced that the review group will evaluate measures to"improve the vibrancy" of the Singapore equities market.

MAS said on Friday the panel will focus on addressing market challenges, fostering listings, and facilitating market revitalization, as well as enhancing regulations to facilitate market growth and foster investor confidence.It said another key goal will be to identify methods for encouraging private sector participation, including from capital market intermediaries, investors and listed companies.

The authority noted that a"dynamic equities market is an important part of the capital formation value chain," and that a liquid market enables companies to not only access capital as they expand, but also"allows asset owners and the investing public to participate in the growth of quality companies."

"Improving the attractiveness of Singapore's equities market can therefore enhance Singapore's standing as a vibrant enterprise and financial hub," the MAS said, adding that this will also" Singapore's innovation and start-up ecosystem, private markets, as well as asset and wealth management sectors.

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