Hopefully it doesn’t end up as templated talk: it should translate into measurable metrics, be benchmarked against peers, and tie to long-term performance; otherwise, the disclosure itself is meaningless.

Singapore's financial regulator, SGX Regulation (SGX Regco), on April 22 proposed requiring listed companies to disclose the factors used to determine executive pay in their annual reports, addressing a significant transparency gap in the market. Currently, over 60 per cent of the largest listed com