MAS Amends Notices 610 and 1003 on Submission of Returns

By Regulatory News

January 18, 2019

MAS amended Notice 610 and Notice 1003 regarding the Submission of Statistics and Returns. The amendments reflected in the Notices shall take effect on January 17, 2019. Notice 610 has been issued pursuant to Section 26(1) of the Banking Act (Cap. 19) whereas Notice 1003 has been issued pursuant to Section 28(3) of MAS Act (Cap. 186).

MAS Notices 610 and 1003 contain information and formats regarding the returns to be submitted by banks in Singapore. The notices consist of three main appendices and each appendix is accompanied with notes for completion (Appendix 1A, 2A, and 3A). Appendices 1 and 2 are to be completed monthly while Appendix 3 is to be completed quarterly. MAS Notice 610 (Amendment) 2019 and Notice 1003 (Amendment) 2019 shall take effect from the monthly returns for January 2019 and the quarterly return for the quarter ending March 2019.

Effective Date: January 17, 2019

Keywords: Asia Pacific, Singapore, Banking, Statistics, MAS Notice 610, MAS Notice 1003, Statistics and Returns, Reporting, MAS

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