Regulatory Alerts2021-06-11
Added · Updated
Notice 759 Collection of Statistical Returns for Credit Cards
Card issuers in Singapore must prepare quarterly statistical returns regarding credit card, charge card, and unsecured credit facility linked to debit card operations. Issuers with total credit card receivables of less than $5 million may elect to submit simplified returns instead of the standard template. All returns must be furnished to the Monetary Authority of Singapore no later than 30 days following the end of each quarter.
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