Merchant Banks

Merchant banks are approved under the Monetary Authority of Singapore Act and their operations are governed by the Merchant Bank Directives. Their Asian Currency Unit operations are also subjected to the Banking Act.

Merchant Banks operate within the Guidelines for Operation of Merchant Banks. Their typical activities include corporate finance, underwriting of share and bond issues, mergers and acquisitions, portfolio investment management, management consultancy and other fee-based activities. Most merchant banks have, with MAS' approval, established Asian Currency Units to transact in the Asian Dollar Market. For the latest number of merchant banks in Singapore, please refer to the Financial Institutions Directory.

Last Modified on 26/11/2016