Singapore legislation

Regulation 18

of Securities and Futures (Corporate Governance of Approved Exchanges, Approved Clearing Houses, Licensed Trade Repositories and Approved Holding Companies) Regulations 2024

Regulation 18

Separation of roles

A regulated institution must not appoint any of the following persons as the chairperson of the board of directors:

(a)

any of its executive directors;

(b)

any person who is a member of the immediate family of the chief executive officer of the regulated institution.

Read in full context — Securities and Futures (Corporate Governance of Approved Exchanges, Approved Clearing Houses, Licensed Trade Repositories and Approved Holding Companies) Regulations 2024 →