MAS proposes shifting IPO prospectus reviews to SGX RegCo

The move aims to streamline the listing process and enhance regulatory coordination.

The Monetary Authority of Singapore (MAS) has proposed transferring its IPO prospectus review function to the Singapore Exchange Regulation (SGX RegCo) to streamline and centralise the listing process.

Currently, MAS reviews IPO prospectuses under the Securities and Futures Act, whilst SGX RegCo assesses issuer suitability under the exchange’s listing rules. The proposed change would consolidate both functions under SGX RegCo, giving issuers a single point of contact throughout the listing process.

The proposal follows recommendations from the Equities Market Review Group to improve efficiency and coordination in Singapore’s listing framework.

SGX RegCo has also issued a consultation paper outlining rule amendments required to implement the transfer. Both consultations are open for public feedback until 29 November 2025 via FormSG.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia