Notice 1003 Submission of Statistics and Returns

MAS Notice 1003

8 May 2013
Last revised on 13 February 2012

NOTICE TO MERCHANT BANKS
MONETARY AUTHORITY OF SINGAPORE ACT, CAP 186

SUBMISSION OF STATISTICS AND RETURNS


       This Notice is issued pursuant to Section 28(3) of the Monetary Authority of Singapore ("MAS") Act (Cap. 186).  

Definition

2.    In this Notice, "business day" means any calendar day other than a Saturday, Sunday, public holiday or bank holiday.

3.    All merchant banks approved under Section 28 of the MAS Act shall submit the following returns to the Authority:

(a) Not later than 10 days after the last day of each month, a monthly return called "Monthly Statement of Assets and Liabilities", in respect of operations in both the Domestic Banking Unit and Asian Currency Unit, according to the format at Appendix 1.  If the 10th day after the last day of a month does not fall on a business day, a merchant bank may submit the return on the next following business day.  Notes for completion are at Appendix 1A.  The Appendix is accompanied by Annexes 1A to 1I. 

(b) Not later than 10 days after the last day of each month, a monthly return called "Return on Monthly Foreign Exchange Business Transacted", according to the format at Appendix 2. If the 10th day after the last day of a month does not fall on a business day, a merchant bank may submit the return on the next following business day.  Notes for completion are at Appendix 2A.  

(c)  Not later than 10 days after the last day of each quarter, a quarterly return called "Quarterly Return on Classified Exposures".  If the 10th day after the last day of a quarter does not fall on a business day, a merchant bank may submit the return on the next following business day.  Notes for completion are at Appendix 3A. 

This Notice shall take effect from the monthly returns for July 2013 and the quarterly return for the quarter ending 30 September 2013.

 * Notes on History of Amendments

1.  MAS Notice 1003 (Amendment) 2005 with effect from 1 July 2005
2.  MAS Notice 1003 (Amendment) 2012 with effect from the monthly returns for March 2012 and the quarterly return for the quarter ending 31 March 2012
3.  MAS Notice 1003 (Amendment) 2013 shall take effect from the monthly returns for July 2013 and the quarterly return for the quarter ending 30 September 2013 

Last Modified on 30/08/2013