SINGAPORE, Nov. 4 (Xinhua) -- Singapore will simplify its initial public offering (IPO) review process from Jan. 4, 2027, by consolidating prospectus reviews and listing application functions under Singapore Exchange Regulation (SGX RegCo), Singapore Exchange (SGX) said on Tuesday.
Under the new arrangement, the Monetary Authority of Singapore will delegate its prospectus review functions for Mainboard and Global Listing Board applications to SGX RegCo, SGX said in a statement.
Prospective issuers will submit both their prospectuses and listing applications through SGX RegCo's electronic submissions portal, which will serve as a single point of contact for regulatory reviews, document tracking and correspondence.
SGX RegCo said it remained committed to processing complete listing applications within six to eight weeks, adding that applications could be substantially reviewed within the shorter end of the timeframe if issuers and their advisers provided timely and complete responses. ■
