Regulatory Alerts2021-06-22
Added
Notice 650 Collection of Statistical Returns for Renminbi Business Activities
The Monetary Authority of Singapore issued Notice 650 to require all banks to prepare and submit monthly statistical returns regarding Renminbi business activities. This mandate applied to all banking entities, including those with no such activities, and specified reporting templates, completion notes, and submission timeframes. The notice was cancelled with effect from 1 July 2021, superseding previous versions issued in 2015 and 2019.
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