Industry watchers call for stricter rules and penalties governing directorships

Industry watchers are calling for stricter rules and penalties governing directorships in Singapore. This follows news that a director of 980 companies was jailed for failing his duties, after more than S$7 million was laundered through some of those firms. But analysts caution that a balance must be struck between tighter rules and ease of doing business. Subscribe to our channel here: https://cna.asia/youtubesub Subscribe to our news service for must-read stories: Telegram - https://cna.asia/telegram WhatsApp - https://cna.asia/whatsapp Follow us: CNA: https://cna.asia CNA Lifestyle: http://www.cnalifestyle.com Facebook: https://www.facebook.com/channelnewsasia Instagram: https://www.instagram.com/channelnewsasia Twitter: https://www.twitter.com/channelnewsasia TikTok: https://www.tiktok.com/@channelnewsasia