Directives

Last Revised Date: 01 July 2021

Directive 7 Credit Facilities to Directors, Related Corporations, etc [Cancelled]

Requirements for merchant banks to submit a monthly statement on the credit facilities granted to their related parties.

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

View Document Directive 7 Credit Facilities to Directors, Related Corporations, etc [Cancelled] (83.8 KB)

01 Jul 2021: MAS Directive 7 dated 1 November 1985 (last revised on 19 March 2007) is cancelled.