Stefanie was interviewed by Elysia Tan in The Business Times, in her article on the Significant Investments Review Bill (SIRB) (p. 3).

The article included Stefanie’s comments that Singapore ultimately wants to remain an open economy and signal openness, and entities on the SIRB’s list will have the clarity to act accordingly. More entities may be added to the list if geopolitical instability increases, but there are similar safeguards in Australia, China, Japan, the UK and the US, and the finance, technology, defence and supply chains sectors are also areas to watch. Additionally, if Temasek has an effective controlling stake in strategic companies that could fall under the new law, there is no need for such companies to be designated, however, the Act will be important if this changes, or if there are new companies or industries of strategic significance.

The article also mentioned that Stefanie paralleled the SIRB’s provisions to Golden Shares, which give the government more control over strategically important companies.

The article was also syndicated in Singapore Law Watch.