Listing review process to come fully under SGX RegCo in move to speed up listings

From Jan 4, 2027, SGX RegCo will review the listing documents submitted by prospective issuers seeking to list on the mainboard and Global Listing Board.

SINGAPORE – Singapore’s stock market exchange regulator will take over the review of the listing process, and commits to processing complete applications within six to eight weeks.

The move, announced on Nov 3, follows a month-long consultation that ended on Nov 29, 2025, as well as a review group’s recommendations to simplify the listing process and encourage more companies to go public in Singapore.

From Jan 4, 2027, Singapore Exchange Regulation (SGX RegCo) will review the listing documents submitted by prospective issuers seeking to list on the mainboard and Global Listing Board (GLB).

The GLB lets eligible companies valued at $2 billion or more list on SGX and NASDAQ at the same time, using a single set of offering documents.

Previously, prospective issuers had to engage SGX RegCo on their suitability to list and separately submit their listing documents to the Monetary Authority of Singapore (MAS) for review under a much longer process.

Issuers will now submit both the prospectus and listing application to SGX RegCo via the regulator’s electronic submissions portal, which will serve as a central interface for reviews, document tracking and regulatory correspondence.

Having a single touchpoint is expected to streamline the review process for applications while maintaining review quality, said SGX RegCo.

MAS will retain the power to determine and grant exemptions from prospectus disclosure requirements and will continue to oversee the regulatory responsibilities performed by SGX RegCo.

Steps have been taken to ensure SGX RegCo is equipped and adequately resourced for its expanded responsibilities. These include broadening the range of qualified individuals who may be appointed as SGX RegCo directors, thereby incorporating a more diverse range of industry perspectives and insights at the board level.

“Ensuring appropriate safeguards to maintain the independence of SGX RegCo board’s judgment will remain our priority,” SGX RegCo said.

The regulator will also disband the Listings Advisory Committee (LAC). The LAC predates SGX RegCo, which was etablished to carry out the exchange’s regulatory duties independently of its commercial operations.