Regulatory Alerts2021-06-11
Added
MAS Notice 601 Capital Funds and Head Office Capital Funds
The Monetary Authority of Singapore issued Notice 601 to define the terms 'capital funds' and 'head office capital funds' for all banks operating in Singapore. This regulatory notice establishes the specific definitions that banks must adhere to in order to comply with the Banking Act. The document outlines the effective dates of the original notice and subsequent amendments from 2001 through 2021.
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