Yip Hon Weng on Securities and Futures (Amendment) Bill
The Global Listing Board represents Singapore's most ambitious structural intervention in its equity markets in a generation, said MP Yip Hon Weng. This ambition is necessary but it must be matched by execution in market realities, he said. Speaking in parliament on Thursday (May 7), Mr Yip stressed the need to ensure that design choices do not constrain the pipeline or weaken Singapore's position in global capital markets. The government must resolve the operational uncertainties and build a credible pipeline under realistic market conditions, as well as address the demand-side constraints that continue to limit liquidity. Turning to retail participation, he urged the government to ensure that earlier access is matched by investor capability.
The Global Listing Board represents Singapore's most ambitious structural intervention in its equity markets in a generation, said MP Yip Hon Weng. This ambition is necessary but it must be matched by execution in market realities, he said. Speaking in parliament on Thursday (May 7), Mr Yip stressed the need to ensure that design choices do not constrain the pipeline or weaken Singapore's position in global capital markets. The government must resolve the operational uncertainties and build a credible pipeline under realistic market conditions, as well as address the demand-side constraints that continue to limit liquidity. Turning to retail participation, he urged the government to ensure that earlier access is matched by investor capability.