Nearly 20 years ago, a prominent businessman for the first time was successfully prosecuted for insider trading in Singapore after what was claimed to be the longest running trial at the time. In 2004, the collapse of China Aviation Oil (Singapore) Corp resulted in the punishment of six senior company executives. “Insider trading has long been regarded as reprehensible as far as securities regulation is concerned in Singapore,” states Singapore Management University law professor Wan Wai Yee. In a recent article published in law journal, Company Lawyer, Wan provides an overview of Singapore’s insider trading regulations and what their scope is today.
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Law and Public Policy
How Singapore’s Insider Trading Prohibitions Apply to Take-over Transactions. (2007). Knowledge@SMU.
Available at: http://ink.library.smu.edu.sg/ksmu/211