Featured Product

    MAS Amends Notices 649, 651, 652, and 653 for Banks in Singapore

    August 07, 2019

    MAS published amendments to its Notice 652 and 649, along with amendments to disclosure requirements under MAS Notices 651 and 653. Additionally, MAS amended the reporting form associated with Notice 652, along with the Forms 1 and 2 associated with Notice 649. The revised notices and forms will take effect from October 01, 2019. MAS Notice 649 addresses minimum liquid assets and liquidity coverage ratio (LCR) requirements, Notice 651 addresses disclosures for LCR and internal liquidity risk measurement, Notice 652 addresses net stable funding ratio (NSFR), and Notice 653 addresses NSFR disclosures for banks in Singapore.

    Notices 651, 652, and 653 apply to all domestic systemically important banks (D-SIBs) and internationally active banks while Notice 649 applies to all banks in Singapore. Notice 651 sets out requirements for a bank to disclose quantitative and qualitative information about their LCRs. It also sets out requirements for a bank to disclose information on its internal liquidity risk measurement and management framework, in addition to information to enable market participants to better understand its liquidity risk management and positions. Notice 653 sets out requirements for a bank to disclose quantitative and qualitative information about its NSFR.

     

    Effective Date: October 01, 2019

    Keywords: Asia Pacific, Singapore, Banking, LCR, NSFR, D-SIBs, Reporting, Disclosures, Liquidity Risk, Basel III, MAS

    Featured Experts
    Related Articles
    News

    OSFI Outlines Prudential Policy Priorities for Coming Months

    OSFI has set out the near-term priorities for federally regulated financial institutions and federally regulated private pension plans for the coming months until March 31, 2022.

    May 06, 2021 WebPage Regulatory News
    News

    BIS Announces TechSprint on Innovative Green Finance Solutions

    Under the Italian G20 Presidency, BIS Innovation Hub and the Italian central bank BDI launched the second edition of the G20 TechSprint on the lookout for innovative solutions to resolve operational problems in green and sustainable finance.

    May 06, 2021 WebPage Regulatory News
    News

    EBA Proposed Regulatory Standards for Central Database on AML/CFT

    EBA proposed the regulatory technical standards on a central database on anti-money laundering and countering the financing of terrorism (AML/CFT) in EU.

    May 06, 2021 WebPage Regulatory News
    News

    ECB Responds to EC Consultation on Crisis Management Framework

    ECB published its response to the targeted EC consultation on the review of the bank crisis management and deposit insurance framework in EU.

    May 06, 2021 WebPage Regulatory News
    News

    ACPR Publishes Version 1.0.0 of RUBA Taxonomy

    ACPR published Version 1.0.0 of the RUBA taxonomy, which will come into force from the decree of January 31, 2022.

    May 06, 2021 WebPage Regulatory News
    News

    BCBS, CPMI, and IOSCO to Survey Market Participants on Margin Calls

    BCBS, CPMI, and IOSCO (the Committees) are inviting entities that participate in market infrastructures and securities markets through an intermediary as well as non-bank intermediaries to complete voluntary surveys on the use of margin calls.

    May 05, 2021 WebPage Regulatory News
    News

    ECB Amends Decision on TLTRO III

    ECB published Decision 2021/752 to amend Decision 2019/1311 on the third series of targeted longer-term refinancing operations or TLTRO III.

    May 05, 2021 WebPage Regulatory News
    News

    Central Bank of Ireland Issues Draft Template for AnaCredit Reporting

    The Central Bank of Ireland published Version 2.7 of the draft credit data template and rules for monthly AnaCredit reporting by banks.

    May 05, 2021 WebPage Regulatory News
    News

    OSFI Consults on Revisions to BCAR and Leverage Requirements Returns

    OSFI proposed revisions to the Basel Capital Adequacy Reporting (BCAR) and leverage requirements returns for the 2023 reporting, with the comment period ending on July 09, 2021.

    May 04, 2021 WebPage Regulatory News
    News

    EBA Seeks Views on Revisions to Nonperforming Loan Data Templates

    EBA published a discussion paper on review of the standardized nonperforming loans (NPL) transaction data templates, along with the proposed revised NPL data templates.

    May 04, 2021 WebPage Regulatory News
    RESULTS 1 - 10 OF 6936