Regulatory Alerts2021-06-28
Added · Updated
MAS Notice 755 (Amendment) 2026 on Weekly Report on S$ Transactions
The Monetary Authority of Singapore amends MAS Notice 755 to require all banks in Singapore to submit weekly reports on Singapore dollar transactions via the MAS-Tx platform by 1700 hours on the working day following the end of each reporting week. Banks must report spot and outright forward foreign exchange transactions with a value of at least US$1 million, ensuring amounts are rounded to the nearest S$ million and based on trade dates. Additionally, banks are required to report their net open Singapore dollar foreign exchange position as at the end of each reporting week, excluding closed-out or hedged positions.
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