An oBike ditched along a pedestrian path.

SINGAPORE: The indiscriminate parking of shared bicycles could soon be a thing of the past, after a new licensing regime for bike-sharing operators comes into effect.

Under the new regulatory framework by the Land Transport Authority (LTA), companies like ofo, oBike and Mobike will have their fleet size reviewed every six months based on how well they address the issue of bike parking by their users.

These operators will also have to temporarily ban recalcitrant users who park indiscriminately.

Bike-sharing operators that do not comply with LTA's standards will face penalties of up to S$100,000, reductions in fleet size, suspension or even the cancellation of their licences if they fail to comply.

LTA will also impose a QR code-based geo-fencing solution, where users will have to scan a QR code at designated parking spaces as proof of proper parking,