SGX RegCo and Nasdaq announce regulatory cooperation to help companies access capital in both jurisdictions
https://www.sgx.com/media-centre/20200721-sgx-regco-and-nasdaq-announce-regulatory-cooperation-help-companies-access
Singapore Exchange Regulation (SGX RegCo) and Nasdaq have extended their partnership by entering an agreement to cooperate on regulatory matters, building on an existing collaboration to help companies access capital markets funding in both jurisdictions.
The latest cooperation agreement will facilitate the regulatory exchange of information on issuers which are dual listed on both exchanges, including a streamlined framework for issuers seeking a secondary listing on SGX. This streamlined framework allows secondary listing documents required for the SGX listing to be based on information contained in the US listing and subsequent filing documents to the US Securities and Exchange Commission and/or Nasdaq, together with additional disclosure in compliance with Singapore prospectus disclosure requirements.
“Protecting investors’ interests is important to both SGX and Nasdaq. This Memorandum of Understanding (MOU) which SGX RegCo is entering...