Regulatory Alerts2025-08-21
Added
MAS Notice 632 Residential Property Loans
The Monetary Authority of Singapore issued Notice 632 to establish regulatory rules for banks granting residential property loans to individuals and non-individuals. The notice mandates compliance with specific limits on loan amounts, tenure of credit, and refinancing facilities to ensure responsible lending practices. It applies to all banks in Singapore and is supported by supervisory expectations regarding transparency, customer interest consideration, and product governance.
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