Photo by Tingey Injury Law Firm

What you need to know about Singapore's proposed investment management regime

The regime will apply to local and foreign investors. 

The Ministry of Trade and Industry (MTI) has introduced a bill that will set out a new investment management regime for entities critical to Singapore's national security interests. 

The Significant Investments Review Bill covers local and foreign investors.

Entities that have acted against Singapore’s national security interests may also have their transactions reviewed under certain circumstances, even if they have not been designated.

Under the bill,  designated entities will have the following ownership and control requirements:

  • Notification or approval obligations for specified changes in ownership or control of designated entities will be imposed on buyers, sellers, and the designated entities;
  • Remedial directions may be issued under certain circumstances.
  • Designated entities will be required to seek approval for the appointment of key officers. Officers may be removed if they have been appointed without approval or if conditions of approval are breached. The minister may also remove key officers in the interest of national security. 
  • Designated entities will also be subject to other provisions to ensure the security and reliability of their critical functions.

The government will also set up an "Office of Significant Investments Review" under the Ministry of Trade and Industry, which will serve as a dedicated one-stop touchpoint for stakeholders.

“As most critical entities in Singapore are already adequately covered by existing sectoral legislation, we expect only a handful of critical entities to be designated under this Bill. Stakeholders will continue to be closely engaged, to ensure that the overall impact on affected businesses will be minimised and our ecosystem remains vibrant,” Minister Gan said.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!


ION Orchard marks 15 years as a premier retail destination
The mall is proactive in conducting surveys to identify trends and optimise its tenant mix.
ION Orchard leads charge in sustainable takeaway practices
 Shoppers will enjoy discounts when they opt for a reusable mug or food container from Muuse.
Lendela on why banks need fintechs to buoy loan growth
Loan demand has doubled in Singapore, and fintechs can help onboard quality clients.