Regulatory Alerts2023-09-20
Added · Updated
Risk Based Capital Adequacy Requirements for Banks Incorporated in Singapore
This Notice establishes capital adequacy ratios and leverage ratio requirements for all Reporting Banks, along with the methodologies they must use for calculating these ratios under Pillar 1. It also sets out the requirements for a Reporting Bank's internal capital adequacy assessment process under the supervisory review process (Pillar 2). Furthermore, the Notice specifies minimum disclosure requirements for Reporting Banks in relation to their capital adequacy (Pillar 3). These provisions take effect on 1 July 2024.
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