Regulatory Alerts2013-10-22
Added · Updated
Notification requirements under Basel Core Principles 6 and 9
The Monetary Authority of Singapore issued this circular on October 22, 2013, to outline notification requirements for authorized institutions under Basel Core Principles 6 and 9. The document mandates that institutions adhere to specific supervisory approaches regarding risk-based supervision and general supervisory practices. It serves as a regulatory directive ensuring compliance with international banking standards through structured reporting and oversight mechanisms.
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