The SC Staff Discussion Papers are published as part of the SC’s commitment to facilitate the generation and dissemination of new knowledge. Through the Staff Discussion Papers, the SC strives to spark conversations and further research on various aspects of the capital market, allowing for the accumulation of ideas and evidence to inform future policymaking decisions.
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Author: Brendan Yap, Nicholas Chong, Dheepan Ratha Krishnan, Nurul Neesha Abdul Hazis, and Clarrise Ng
Date of publication: 28 July 2023
