Requirement for disqualified directors and employees of all merchant banks to seek MAS’ written consent to continue their appointment or employment in the merchant bank.

Requirement for directors, employees and agents of all merchant banks to not wilfully make a false entry, omit to make an entry, or alter, conceal or destroy an entry in any books, statements or records of the merchant bank.

Requirements for all merchant banks on the appointment of chief executive and deputy chief executive.

Guidelines on fit and proper criteria for all relevant persons carrying out any activity regulated by MAS.