Securities and Futures (Amendment) Bill

The Securities and Futures (Amendment) Bill 2026 aims to amend the Securities and Futures Act 2001 primarily to support dual-listing arrangements between the Singapore Exchange and overseas exchanges. It introduces a framework for issuing sponsored depositary receipts (SDRs), allowing the original security issuer to take on the obligations typically held by the depositary. It modifies the prospectus requirements and promotional material guidelines, enabling wider dissemination of preliminary documents to all potential investors. The bill also establishes regulations for dual listing, facilitating the alignment of practices with foreign market standards and simplifying the documentation process for capital market products. Lastly, it provides for transitional provisions to address any changes implemented through the bill for a two-year period.