Directives

Last Revised Date: 01 July 2021

Directive 5 Provision for Bad and Doubtful Debts [Cancelled]

Requirement for all merchant banks to maintain adequate provisions for bad and doubtful debts.

Credit Risk

Applies to: Merchant Bank (Branch) , Merchant Bank (Locally Incorporated)

View Document Directive 5 Provision for Bad and Doubtful Debts [Cancelled] (6.44 KB)

01 Jul 2021: MAS Directive 5 (Amendment) 2005 dated 11 March 2005 is cancelled.