SGX's Main Board listing requirements are benchmarked against international standards and are in line with best practices from developed jurisdictions. Discuss in brief.

Singapore is one of the few Asian countries with an "AAA" rating. As a listing destination for global companies, SGX listing rules provide flexibility for companies with diverse backgrounds to source for public financing in Singapore. While SGX continues to attract more global companies, its listing standards and the quality of listed companies are never compromised. Singapore operates a predominantly disclosure-based regime for capital markets. SGX's Listing Rules augment the disclosure-based regime with high baseline admission standards and continuing requirements for issuers. A cornerstone of the regime is to require listed issuers to make timely disclosure of all material information to the marketplace. SGX's regulatory team reviews listing applications to ensure that issuers meet the minimum requirements prescribed. In reviewing listing applications, SGX's regulatory team relies on due diligence carried out by issue managers and their representations to determine the applicants suitability to list.