Directives
Last Revised Date: 01 July 2021

Directive 1 Minimum Capital Requirement [Cancelled]

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

Amendment Notes

01 Jul 2021
MAS Directive 1 dated 15 December 2011 is cancelled.
01 Apr 2012
MAS Directive 1 dated 15 December 2011 takes effect.
01 Apr 2012
MAS Directive 1 dated 1 November 1985 is cancelled.