Guidelines
 Last Revised Date: 29 June 2021

Asian Currency Unit Terms and Conditions of Operation [Cancelled]

Requirements for banks and merchant banks operating an Asian Currency Unit.
Applies to: Full Bank (Locally Incorporated) , Full Bank (Branch) , Wholesale Bank (Branch) , Wholesale Bank (Locally Incorporated) , Merchant Bank (Locally Incorporated) , Merchant Bank (Branch)
View Document Asian Currency Unit Terms and Conditions of Operation [Cancelled] (6.64 KB)

These guidelines set out the terms and conditions applicable to all banks and merchant banks operating an Asian Currency Unit in Singapore.

The guidelines cover:

  • Limits on total assets and liabilities
  • Allowable financial transactions
  • Undertakings required

 

Amendment Notes

01 Jul 2021
The Asian Currency Unit Terms and Conditions of Operation (10.1 KB) (last revised on 31 July 2008) is cancelled.