Guidelines
Last Revised Date: 26 May 2022

Guidelines for Operation of Wholesale Banks

Guidelines on the permitted activities and restrictions for wholesale banks.

These guidelines apply to all wholesale banks in Singapore. They list out the requirements which a bank need to adhere to when operating under a wholesale banking licence in Singapore.

The guidelines cover:

  • Allowable banking business.
  • Conditions for issuing bonds and negotiable certificates of deposit in Singapore.
  • Place of business.

Amendment Notes

27 May 2022
Guidelines for Operation of Wholesale Banks (revised on 26 May 2022) takes effect.