2024-05-16
Added
The Monetary Authority of Singapore issued Notice FHC-N652 to impose minimum all-currency net stable funding ratio requirements on predominantly banking designated financial holding companies. The regulation applies to financial holding companies with a Singapore-incorporated bank subsidiary that are either internationally active or part of a domestic systemically important bank group. This notice, effective July 1, 2024, establishes the compliance framework and reporting templates for these entities to manage their liquidity risk.