SGX steps up product disclosure

The changes to the listing manual are in line with MAS’ initiative to improve disclosure with the use of product highlight sheets.

Singapore Exchange (“SGX”) introduces new product disclosure templates to enhance the readability of term sheets for structured warrants, debentures and funds. SGX is of the view that consistent presentation of product features and risks will facilitate clear and efficient comparison of competing product offerings by market participants, according to an SGX report.

These disclosure templates will apply to the term sheets for:-

Debentures in the form of asset-backed securities, exchange traded notes and structured notes;
Funds (including collective investment schemes and exchange traded funds); and
Structured warrants.

Issuers are required to apply the guidelines and term sheet formats with effect from 1 August 2011.

With these two practice notes, issuers making an offer that is not accompanied by a Monetary Authority of Singapore (MAS)-registered prospectus are now able to make clearer disclosure of product features and risks in standardised formats.

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. 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