Regulatory Alerts2021-06-11
Added
Notice 639 Exposures to Single Counterparty Groups [Cancelled]
The Monetary Authority of Singapore issued Notice 639 to establish rules for measuring and limiting credit risk exposures to single counterparty groups for locally incorporated full and wholesale banks. This regulatory notice was officially cancelled with effect from 01 July 2021. Banks are now required to refer to Notice 656 for the applicable rules governing exposures to single counterparty groups.
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