Regulatory Alerts2026-02-27
Added · Updated
Guide to Authorization - Chapter 3: The Legal and Supervisory Framework
The Monetary Authority of Singapore issued this guide to outline the legal and supervisory framework governing the authorization of financial institutions. It establishes the requirements for a three-tier banking system and details the principles of consolidated supervision and the overall supervisory approach. The document serves as a reference for all authorized institutions regarding regulatory compliance and oversight mechanisms.
GTA
Current
Issue Date:
27 Feb 2026
Chapter-3.pdf (156.9 KB)
Topic:
Authorization - Guide to Authorization
Authorization - Three-tier Banking System
Consolidated Supervision
Supervisory Approach
Keyword:
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
SPM-NGL
Current
20 Jul 2021
CS-1 Group-wide Approach to Supervision of Locally Incorporated Authorized Institutions
Directly related Document
SPM-NGL
Current
20 Jul 2021
CS-1 Group-wide Approach to Supervision of Locally Incorporated Authorized Institutions
Version History
Superseded Document
You may also be interested in
GTA
Current
27 Feb 2026
Guide to Authorization-Chapter 7-Restrictions on Use of Banking Names and Descriptions
GTA
Current
27 Feb 2026
Guide to Authorization-Chapter 6-Powers of Control over Authorized Institutions
GTA
Current
04 Dec 2015
Guide to Authorization
Annex 1: Sample Letter of Comfort