2021-12-02

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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Notices

Last Revised Date: 02 December 2021

Notice 1111 Risk Based Capital Adequacy Requirements for Merchant Banks Incorporated in Singapore

Risk-based capital adequacy requirements for reporting merchant banks incorporated in Singapore.

Capital Adequacy

Issued pursuant to:

Banking Act (Cap. 19) sections 55ZB(1)

and 65A(2)

Applies to:

Merchant Bank (Locally Incorporated)

View Notice

Notice 1111 Risk Based Capital Adequacy Requirements for Merchant Banks Incorporated in Singapore

(2.83 MB)

This notice applies to all locally-incorporated merchant banks. It sets out the capital adequacy ratio requirements for a locally-incorporated merchant bank and the methodology and process for calculating these ratios.

31 Dec 2021 MAS Notice 1111 (Amendment) 2021 (110.1 KB) dated 02 December 2021 takes effect.

01 Jul 2021 MAS Notice 1111 dated 11 June 2021 (4.39 MB) takes effect.

01 Jul 2021 MAS Notice 1111 dated 02 November 2012 (last revised on 05 October 2018) (3.27 MB) is cancelled .

08 Oct 2018 MAS Notice 1111 (Amendment) 2018 (325.5 KB) dated 05 October 2018 takes effect.

01 Jan 2018 MAS Notice 1111 (Amendment) 2017 (393.6 KB) dated 28 December 2017 takes effect.

31 Dec 2013 MAS Notice 1111 (Amendment) 2013 dated 31 December 2013 takes effect.

01 Jan 2013 MAS Notice 1111 dated 02 November 2012 takes effect.

02 Nov 2012 MAS Notice 1111 dated 15 December 2011 is cancelled.

Reporting Schedules (197.2 KB)

Requirements for merchant banks holding private equity and venture capital investments.