This article aims to consider the adequacy and efficacy of civil remedies for insider trading presently available in Singapore. The insider trading regimes in the USA, the UK and Australia will be looked at as potential sources of inspiration for reform. The term "civil remedies" refers to the civil relief available both under the common law and under specific legislation against the insider trader. This relief usually takes the form of monetary compensation. The focus of this article on civil remedies essentially excludes any discussion of the criminal penalties imposed upon a wrongdoer as a result of prosecution. The possible claimants for civil relief could be a securities regulatory authority, the corporate issuer of the securities that were subject to insider trading, or the counterparty to the insider in a securities transaction.