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.

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.