Need for regulatory revamp of private institutions

Sing Ong YU

Need for regulatory revamp of private institutions

Číslo: 1/2016
Periodikum: Perspectives of Innovations, Economics and Business
DOI: 10.15208/pieb.2016.05

Klíčová slova: Regulatory revamp, private schools, audit, Regulační revize, soukromé školy, audit

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Anotace: This paper examines the need for regulatory revamp of private institutions in Singapore, many of which may not have met the regulatory requirements if strict monitoring actions were to be applied to them. This first part of this paper explores the possible reasons why some private commercial schools are still in operation despite not meeting the recommended regulatory guidelines. It suggests stricter actions could be taken by the Council for Private Education to ensure that private commercial schools contribute to the improvement of the overall education landscape in Singapore and makes recommendations where the Council for could increase its vigilance on these schools. The second part of the paper explores the failure of private commercial schools to deliver quality education to their students and the reasons students are still choosing the private education route as an option for their studies.