The Monetary Authority of Singapore’s review group on equities markets aims to complete its report by August, with phased updates and recommendations along the way, Deputy Prime Minister Gan Kim Yong said. The group, established in August 2024, is chaired by Second Minister for Finance Chee Hong Tat and includes private- and public-sector stakeholders. Two workstreams support the review: one focuses on boosting listings, investor participation, trading liquidity, and fair valuations; the other addresses streamlining regulations, improving the listing process, and enhancing corporate governance. Gan noted efforts to optimise seed capital to attract commercial funding and position Singapore as a hub for mid-cap growth companies. The review aims to strengthen Singapore’s standing as an attractive equities market amid global competition.