Central Banking

MAS doubles down on subsidies for new listings

Singapore

Monetary Authority of Singapore has increased subsidies for new issuers on the Singapore Exchange and for stock analysts, as the country plans to invest billions of dollars to boost the equity market “ecosystem”.

Under a scheme launched by the MAS two years ago, the regulator already paid up to 70% of the listing costs for eligible issuers on the SGX. The grant cap is more than doubled under the revamped scheme announced on September 17.

The regulator will reimburse up to S$2 million (US$1.48

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