MAS Amends Notice 610 on Submission of Statistics and Returns
MAS amended Notice 610 regarding Submission of Statistics and Returns. The amendments reflected in the document shall take effect immediately in the case of a bank that has its annual period commencing on or before January 22. In the case of a bank that has its annual period commencing after January 22, the amendments reflected in the document shall take effect from the day on which that annual period commences in 2018. This Notice has been issued pursuant to Section 55 of the Banking Act (Cap. 19).
MAS Notice 610 contains information and formats regarding the returns to be submitted by banks in Singapore. It consists of three main appendices and each appendix is accompanied with notes for completion (Appendix 1A, 2A and 3A). There are several annexes to each appendix. The annexes are further divided into parts. Appendix 1 and 2 are to be completed monthly. Appendix 3 is to be completed quarterly. Amendments have been made to Appendix 1 and Appendix 3 of the MAS Notice 610.
Keywords: Asia Pacific, Singapore, Banking, MAS Notice 610, Statistics and Returns, MAS
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