2024-07-01

Added

Notice 653 Net Stable Funding Ratio Disclosure

The Monetary Authority of Singapore issued Notice 653 to mandate disclosure requirements for domestic systemically important banks and internationally active banks. The regulation requires these institutions to publicly disclose both quantitative and qualitative information regarding their net stable funding ratio. This notice, effective from 1 July 2024, supersedes previous versions to ensure transparency in liquidity risk management.

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Notices

Last Revised Date: 01 July 2024

Notice 653 Net Stable Funding Ratio Disclosure

Requirements for domestic systemically important banks (D-SIBs) and internationally active banks to disclose information about their net stable funding ratio (NSFR).

Liquidity Risk

Issued pursuant to:

Banking Act 1970 section 10B(1)

Applies to:

Full Bank (Locally Incorporated)

,

Wholesale Bank (Locally Incorporated)

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Notice 653 Net Stable Funding Ratio Disclosure

(311.3 KB)

This notice applies to all domestic systemically important banks (D-SIBs) and internationally active banks.

It sets out requirements for a bank to disclose quantitative and qualitative information about its net stable funding ratio (NSFR).

1 Jul 2024 MAS Notice 653 (309.6 KB) dated 16 May 2024 and effective 1 July 2024. MAS Notice 653 (Amendment) 2024 (317.9 KB) dated 16 May 2024 takes effect.

1 Jul 2022 MAS Notice 653 (302.4 KB) dated 24 June 2022 takes effect.

1 Jul 2022 MAS Notice 653 (682.6 KB) dated 28 December 2017 (last revised on 7 April 2020) is cancelled.

8 Apr 2020 MAS Notice 653 (Amendment) 2020 (712.9 KB) dated 7 April 2020 takes effect.

1 Oct 2019 MAS Notice 653 (Amendment) 2019 (482.7 KB) dated 7 August 2019 takes effect. MAS Notice 653 (611.9 KB) effective 1 October 2019.

1 Jan 2018 MAS Notice 653 (329.6 KB) dated 28 December 2017 takes effect.

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 on their net stable funding ratio (NSFR).

Risk based capital adequacy requirements for financial holding companies that have a subsidiary that is a bank incorporated in Singapore and are predominantly banking designated financial holding companies (predominantly banking DFHCs).