Regulatory Alerts2024-12-18
Added
Notice 758 Minimum Cash Balance
The Monetary Authority of Singapore issued Notice 758 to establish minimum cash balance requirements for all licensed banks under the Banking Act. This regulation mandates that full, wholesale, and branch banks maintain specific liquidity buffers to mitigate liquidity risk. The notice outlines compliance obligations and has been subject to several amendments, with the latest changes taking effect in December 2024.
Notices
Last Revised Date: 18 December 2024
Notice 758 Minimum Cash Balance
Requirements for banks on minimum cash balance (MCB).
Liquidity Risk
Issued pursuant to:
Banking Act (Cap. 19) section 39
Applies to:
Full Bank (Locally Incorporated)
,
Full Bank (Branch)
,
Wholesale Bank (Branch)
,
Wholesale Bank (Locally Incorporated)
View Notice
Notice 758 Minimum Cash Balance
(231.4 KB)
This notice applies to all banks.
It sets out the minimum cash balance (MCB) requirements that a bank has to comply with.
09 Jun 2026
MAS Notice 758 (Amendment) 2026 (241.7 KB) takes effect.
26 Dec 2024
MAS Notice 758 (Amendment) 2024 (132.4 KB) takes effect.
24 Jun 2022
MAS Notice 758 (Amendment) 2022 (134.2 KB) takes effect.
06 Mar 2014 MAS Notice 758 (Amendment) 2014 takes effect.
31 Jul 2008 MAS Notice 758 dated 13 February 2008 takes effect.
Appendix 1: Manual Submission/Amendment of Qualifying Liabilities Returns (33.2 KB)
This notice was cancelled with effect from 01 July 2022.