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.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

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