Regulatory Alerts2021-06-29
Added
MAS Notice 1013 Disclosure in Financial Statements
The Monetary Authority of Singapore issued Notice 1013 to establish specific disclosure requirements for the financial statements of all merchant banks in Singapore. This regulation supplements the mandates of the Companies Act and Singapore Financial Reporting Standards by defining minimum information obligations for these institutions. The notice came into effect on 1 July 2021, simultaneously cancelling the previous version of the notice dated 1 March 2006.
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