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Sias seeks government funds for operations; quashes concerns watchdog is not independent
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Former president Tony Tan Keng Yam noted at the Securities Investors Association (Singapore)'s 20th anniversary celebrations that "finance has been a constant struggle" for the watchdog over the past 20 years, and that it is crucial a sustainable funding model is found.
PHOTO: SECURITIES INVESTORS' ASSOCIATION (SINGAPORE)
SINGAPORE - The Securities Investors Association (Singapore) or Sias is seeking funding sources, potentially from government agencies, for its sustainability and to address concerns that the investor watchdog is not independent, Sias president David Gerald told The Straits Times on Wednesday (June 19).
Former president Tony Tan Keng Yam noted at Sias's 20th anniversary celebrations that "finance has been a constant struggle" for the watchdog over the past 20 years, and that it is crucial a sustainable funding model is found.
