SINGAPORE: The Singapore Exchange's regulatory arm has proposed that all listed companies appoint only auditors that are registered locally, the exchange said in a news release on Thursday .
"Reliable and informative financial statements are the bedrock of our financial markets," said SGX RegCo CEO Tan Boon Gin. It is proposing that valuers have at least five years' relevant experience and be a member of the Singapore Institute of Surveyors and Valuers or a similar professional body in the home jurisdiction.
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