Code of Corporate Governance

Code of Corporate Governance (PDF, 337KB)
(Issued on 6 August 2018)

Practice Guidance (PDF, 463KB)
(Issued on 6 August 2018)

The Code of Corporate Governance (the "Code") came under the purview of MAS and SGX with effect from 1 September 2007.

The Code was first issued by the Corporate Governance Committee (“CGC”) on 21 March 2001 (PDF, 35.6KB). Listed companies are required under the Singapore Exchange Listing Rules to disclose their corporate governance practices and give explanations for deviations from the Code in their annual reports. The Code was subsequently revised on 14 July 2005 (PDF, 173KB), and again on 2 May 2012 (PDF, 289KB).
On 28 February 2017, the Corporate Governance Council (“Council”) was established to conduct a comprehensive review of the Code. On 6 Aug 2018, the Council submitted its recommendations to MAS. MAS accepted all the recommendations and issued a revised Code (“2018 Code”), and accompanying Practice Guidance. The 2018 Code supersedes and replaces the Code that was issued in May 2012. The 2018 Code applies to Annual Reports covering financial years commencing from 1 January 2019.

Last Modified on 14/08/2018