Regulatory Alerts2024-07-01
Added
MAS Notice 651 Liquidity Coverage Ratio Disclosure
The Monetary Authority of Singapore issued Notice 651 to mandate domestic systemically important and internationally active banks to disclose quantitative and qualitative information regarding their liquidity coverage ratio. The regulation requires these institutions to reveal details about their internal liquidity risk measurement and management frameworks to enhance market transparency. These disclosure obligations apply to full banks and wholesale banks incorporated locally in Singapore and became effective on 1 July 2024.
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