Directives
Published Date: 15 December 2011

Directive 1 Minimum Capital Requirement

Sets out the minimum paid-up capital and minimum capital funds of a merchant bank.

Amendment Notes

01 Apr 2012
MAS Directive 1 dated 15 December 2011 takes effect.
01 Apr 2012
MAS Directive 1 dated 1 November 1985 is cancelled.