SINGAPORE, May 27 (Reuters) - Singapore will stand pat on the rules that govern oil trade and the way it allows global energy companies to operate in the country, as it opts not to follow suit on one of the biggest ever crackdowns by U.S. regulators.
The city-state's interests aims to maintain its allure as a global financial and trading centre rather than risk imposing regulations that might keep trade away. Unlike in the U.S. and Europe, there is no public clamour among its voting public for any such action, and even if the government were to tightens norms, the impact on global trade would likely be limited. Full story
