Directives
 Last Revised Date: 01 July 2021

Directive 21 General Penalty [Cancelled]

Sets out the financial penalty payable by a merchant bank for any non-compliance with MAS’ directions or conditions of approval.
Applies to: Merchant Bank (Branch) , Merchant Bank (Locally Incorporated)
View Document Directive 21 General Penalty [Cancelled] (80.2 KB)

Amendment Notes

01 Jul 2021
MAS Directive 21 dated 1 November 1985 (last revised on 19 March 2007) is cancelled.