Key Supervisory and Regulatory Initiatives

ENHANCING REGULATORY FRAMEWORKS

Enhancing the Regulatory Regime for Real Estate Investment Trusts
MAS is evaluating measures to enhance the regulatory regime for real estate investment trusts (REITs). These measures include requiring REITs managers to be regulated by MAS, setting the requisite proportion of unit holders' votes for the removal of the managers and other measures to more closely align the interests of managers with those of unit holders.