Regulatory Alerts2021-12-02
Added
Notice 1111 Risk Based Capital Adequacy Requirements for Merchant Banks Incorporated in Singapore
The Monetary Authority of Singapore issued Notice 1111 to establish risk-based capital adequacy requirements for all locally-incorporated merchant banks. The notice defines the capital adequacy ratio requirements and specifies the methodology and process for calculating these ratios. It also outlines specific reporting schedules and requirements for merchant banks holding private equity and venture capital investments.
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