Regulatory Alerts2025-12-19
Added · Updated
Banking (Exposure Limits) Code
The Monetary Authority amended the Banking (Exposure Limits) Code to provide guidance on Rules 20(4)(b), 37(2) and (3), and 41 of the Banking (Exposure Limits) Rules. The amendment specifies 1 January 2026 as the effective date for the Monetary Authority’s approval of the changes. The revised code outlines criteria for identifying competent third-party market data providers, clarifies the treatment of premises for banking business, and defines economic dependence for linked counterparty groups.
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