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Guidelines
 Published Date: 03 April 2013

Guidelines on Corporate Governance

Guidelines on corporate governance for financial institutions incorporated in Singapore.
Applies to: Full Bank (Locally Incorporated) , Wholesale Bank (Locally Incorporated) , Direct Insurer (Life) , Direct Insurer (Composite) , Reinsurer (Life) , Reinsurer (General) , Reinsurer (Composite) , Captive Insurer , Financial Holding Company (Insurance) , Direct Insurer (General)
View Document Guidelines on Corporate Governance (561.3 KB)

These guidelines apply to all financial holding companies, banks, direct insurers, reinsurers and captive insurers incorporated in Singapore.

They provide guidance on best practices in relation to board matters, remuneration matters, accountability and audit, shareholder rights and responsibilities, and oversight of related party transactions.

Financial institutions (FIs) should observe the guidelines to the fullest extent possible. FIs should disclose their corporate governance practices and explain deviations from the guidelines through:

  • Annual reports, for FIs listed on the Singapore Exchange.
  • Websites, for FIs not listed on the Singapore Exchange.

Resources: Code of Corporate Governance 2018 (336 KB)