Regulatory Alerts2023-09-20
Added
PPD 10/2023: Revised MAS Notice 637 on Risk Based Capital Adequacy Requirements for Banks Incorporated in Singapore to Implement Final Basel III Reforms
The Monetary Authority of Singapore issued PPD 10/2023 to publish the revised MAS Notice 637, which establishes risk-based capital adequacy requirements for locally incorporated banks. This regulatory update implements the final Basel III reforms by defining specific reporting schedules to be submitted via the MAS Data Collection Gateway. The circular further provides the finalized implementation timeline for these reforms to ensure compliance by full and wholesale banks.
Circulars
Published Date: 20 September 2023
PPD 10/2023: Publication of the Revised MAS Notice 637 on Risk Based Capital Adequacy Requirements for Banks Incorporated in Singapore, to Implement the Final Basel III Reforms
This circular informs locally-incorporated banks of the publication of the revised MAS Notice 637 on risk based capital adequacy requirements for banks incorporated in Singapore.
Capital Adequacy
Applies to:
Full Bank (Locally Incorporated)
,
Wholesale Bank (Locally Incorporated)
View Document
PPD 10/2023: Publication of the Revised MAS Notice 637 on Risk Based Capital Adequacy Requirements for Banks Incorporated in Singapore, to Implement the Final Basel III Reforms
(144.5 KB)
Responses to Public Consultations on MAS Notice 637 (593.8 KB)
Risk-based capital adequacy requirements for reporting banks incorporated in Singapore.
This circular provides the finalised implementation timeline for the final Basel III reforms in Singapore.
This circular informs locally-incorporated banks of the reporting schedules to be submitted via MAS' Data Collection Gateway under the implementation of the final Basel III reforms in Singapore, and the implementation timeline of the final Basel III reforms in Singapore.