Singapore Safe-Harbour Rules Proposed to Encourage Earnings Guidance

Singapore safe-harbour rules are being proposed to make it easier for listed companies to publish earnings guidance, as regulators seek feedback on amendments to the Securities and Futures Act and draft rules for a new Global Listing Board to facilitate dual listings.

The proposal would introduce US-style protections for forward-looking statements. Market observers said more projections could improve transparency and narrow information gaps, but warned investors must test assumptions and treat forecasts as no substitute for due diligence.

Singapore Exchange Regulation chief executive Tan Boon Gin and listing compliance head Michael Tang said guidance should be based on credible methodologies and disclosed via SGXNet to preserve fairness.

The consultation closes on Feb. 8, 2026, and MAS has also floated measures to strengthen investor recourse.