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CLOSETSMP in the news
Stefanie Yuen Thio comments in the Edge: “SGX RegCo proposes tighter oversight on auditors and property valuers”
In a news story published in the 20-26 January 2020 edition of The Edge Singapore on the SGX Regco beefing up requirements for auditors and valuers, Stefanie Yuen Thio acknowledged that costs for companies might increase, but the Singapore market as a whole benefits.
“The audit is the main comfort that investors can get when it comes to a company’s financial and business health. We need to be able to trust the auditors and part of the infrastructure requires that bad or negligent players must be held accountable,” she added.