Asian Currency Unit Terms and Conditions of Operation [Cancelled]
Requirements for banks and merchant banks operating an Asian Currency Unit.
Guidelines
Guidelines for Operation of Wholesale Banks
Guidelines on the permitted activities and restrictions for wholesale banks.
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Guidelines for Operation of Wholesale Banks
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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.
- 1 Jul 2021
- Guidelines for Operation of Wholesale Banks (revised on 11 June 2021) (266.8 KB) takes effect.
- 31 Jul 2008
- Guidelines for Operation of Wholesale Banks (revised on 31 July 2008) (11.7 KB) takes effect.