A company is 'publicly accountable' if it is listed, or in the process of listing, on a securities exchange in Singapore, or listed on a securities exchange outside Singapore. This category also covers a range of regulated financial institutions, including:
- Banks and merchant banks licensed under the Banking Act
- Licensed insurers, including those operating under the Lloyd's Asia Scheme
- Capital markets infrastructure providers and intermediaries (e.g. approved exchanges, clearing houses, licensed capital markets services holders)
- Licensed payment institutions
- Trustee-managers of listed business trusts
and similar regulated financial institution types.