Mondo Visione Worldwide Financial Markets Intelligence

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Written Reply To Singapore Parliamentary Question On Timelines For The Equities Market Review Group's Recommendations

Date 08/01/2025

Date: For Parliament Sitting on 8 January 2025

 Name and Constituency of Member of Parliament

Mr Chua Kheng Wee Louis, MP, Sengkang GRC

Question:

 To ask the Prime Minister and Minister for Finance (a) what is the projected timeline for the Equities Market Review Group to provide its phased recommendations to the Government; (b) what is the projected timeline for the Government to review these recommendations and subsequently the phased announcement of the recommendations; and (c) what is the expected implementation date for these recommendations.

Answer by Mr Gan Kim Yong, Deputy Prime Minister and Minister for Trade and Industry, and Chairman of MAS:

1.  The Review Group is targeting to complete its report by August 2025. It may provide updates and announce its recommendations in phases before August.