Regulatory Alerts2024-05-16
Added
Notice 652 Net Stable Funding Ratio
The Monetary Authority of Singapore issues this notice to establish minimum all-currency net stable funding ratio requirements for domestic systemically important banks and internationally active banks. The regulation mandates compliance with specific liquidity standards and requires these institutions to disclose information regarding their net stable funding ratios. This framework applies to full banks, wholesale banks, and their branches incorporated or operating locally in Singapore.
Notices
Last Revised Date: 16 May 2024
Notice 652 Net Stable Funding Ratio
Requirements for domestic systemically important banks (D-SIBs) and internationally active banks on their net stable funding ratio (NSFR).
Liquidity Risk
Issued pursuant to:
Banking Act 1970 sections 10C(1)
and 65(2)
Applies to:
Full Bank (Locally Incorporated)
,
Full Bank (Branch)
,
Wholesale Bank (Locally Incorporated)
,
Wholesale Bank (Branch)
View Notice
Notice 652 Net Stable Funding Ratio
(1.95 MB)
This notice applies to all domestic systemically important banks (D-SIBs) and internationally active banks.
It sets out the minimum all currency net stable funding ratio (NSFR) requirements that a bank has to comply with.
01 Jul 2024 MAS Notice 652 (Amendment) 2024 (1.95 MB) dated 16 May 2024 takes effect.
01 Jul 2022 MAS Notice 652 (1.99 MB) and MAS Notice 652 Reporting Template (70.3 KB) dated 24 June 2022 take effect.
01 Jul 2022 MAS Notice 652 (2.08 MB) and MAS Notice 652 Reporting Template (71.2 KB) dated 10 July 2017 (last revised on 21 September 2020) are cancelled.
01 Oct 2020 MAS Notice 652 (Amendment No. 2) 2020 (2.08 MB) dated 21 September 2020 takes effect.
08 Apr 2020 MAS Notice 652 (Amendment) 2020 (2.7 MB) dated 7 April 2020 takes effect. MAS Notice 652 (2.71 MB) and MAS Notice 652 Reporting Template (70.8 KB) effective 8 April 2020.
31 Dec 2019 MAS Notice 652 (Amendment No. 2) 2019 (2.68 MB) dated 13 December 2019 takes effect.
01 Oct 2019 MAS Notice 652 (Amendment) 2019 (2.71 MB) dated 7 August 2019 takes effect.
01 Jan 2018 MAS Notice 652 (Amendment) 2017 (519.5 KB) dated 20 December 2017 takes effect.
01 Jan 2018 MAS Notice 652 dated 10 July 2017.
Table 4: Net Stable Funding Ratio Reporting Template (72.1 KB)
Requirements for banks in Singapore on minimum liquid assets (MLA) and liquidity coverage ratio (LCR).
Requirements for domestic systemically important banks (D-SIBs) and internationally active banks to disclose information about their net stable funding ratio (NSFR).