Regulatory Alerts2022-06-29
Added
MAS Notice FHC-N601 on Capital Funds
The Monetary Authority of Singapore issued Notice FHC-N601 to establish the definition of capital funds for designated financial holding companies. This regulatory instrument applies to both banking and insurance financial holding companies in Singapore. The notice takes effect on 01 July 2022 and mandates adherence to the specified capital fund definitions under the Financial Holding Companies Act 2013.
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