Regulatory Alerts2020-02-18
Added
MAS Will Not Introduce Collateral Requirement for the Trading of Listed Securities
The Monetary Authority of Singapore (MAS) has decided not to introduce a collateral requirement for the trading of listed securities, reversing its 2014 announcement. This decision follows a significant reduction in contra trading activities and the implementation of other risk-mitigating measures, such as shorter settlement periods and short position reporting. MAS will continue to monitor market risks and reminds financial institutions to maintain robust credit risk management frameworks as detailed in circular CMI 04/2020.
Topics
Share