While I support the development of regulations for bicycle sharing, parking and riding, I feel that putting the onus of ensuring bikes are properly parked on bike-sharing operators does not address the root cause of the problem.
It is akin to fining cigarette companies for people who throw cigarette butts on the floor.
Penalising the operators would be a strike against these innovative players who have moved to fill a gap in the market. They would probably pass the costs on to their customers, resulting in a costly service that might then die out, despite its good intentions.
Rather than impose fines, I suggest that the authorities work with the operators to educate the public and come up with new features to deter errant parking.
Additionally, the authorities should ensure sufficient parking bays for bicycles exist, especially in neighbourhood estates, office buildings and MRT stations.