Singapore's insider trading prohibition and its application to take- over transactions

Research output: Journal Publications and ReviewsRGC 21 - Publication in refereed journalpeer-review

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Author(s)

Detail(s)

Original languageEnglish
Pages (from-to)120-127
Journal / PublicationThe Company Lawyer
Volume28
Issue number4
Publication statusPublished - 2007
Externally publishedYes

Abstract

Provides an overview of insider trading regulation in Singapore, noting the government's policy objective to promote market fairness. Outlines the scope of prohibited conduct, exceptions, defences and penalties, and compares Singapore's regime with insider trading regulation in other jurisdictions. Considers in particular the application of the legislation to takeovers. Suggests that the offence is drafted too widely and could have a detrimental effect on investor confidence and Singapore's status as a key financial centre.

Research Area(s)

  • Financial regulation, Insider dealing, Singapore, Takeovers