2012-04-30

Added 2026-07-10

Notice 1103 Exchange Control Liberalisation

The Monetary Authority of Singapore issued Notice 1103 to exempt all persons from the Exchange Control Act effective 1 June 1978. This liberalisation abolishes all exchange control formalities, approvals, and restrictions on payments or capital transfers. Consequently, all statistical returns previously required under the Exchange Control Manual are no longer mandatory.

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