Regulatory Alerts2025-07-16
Added
Notice on Capital Requirements for Approved Exchanges, Approved Clearing Houses, and Licensed Trade Repositories
The Monetary Authority of Singapore issued Notice SFA 02/02A/03-N01 to establish liquidity and solvency requirements for approved exchanges, approved clearing houses, and licensed trade repositories. The Notice mandates that these entities maintain sufficient liquid assets and eligible capital against calculated risk requirements, with specific rules for clearing funds and mandatory notifications to the Authority upon breaches. These capital adequacy standards take effect on 1 October 2025 and define the methodologies for calculating annual operating expenses, counterparty risk weights, and eligible capital components.
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