SINGAPORE (Feb 27): The Monetary Authority of Singapore (MAS) announced on Monday that it has formed a Corporate Governance Council to review the Code of Corporate Governance (CG Code).

The council will be chaired by Chew Choon Seng, former Chairman of the Singapore Exchange (SGX).

MAS said the CG Code was last reviewed in 2012, when changes were introduced to strengthen Board independence and enhance remuneration practices and disclosures.

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