Notices
Cancellation of Notices and Directives issued under the Monetary Authority of Singapore Act to Merchant Banks
Notice to cancel Notices and Directives issued under the Monetary Authority of Singapore Act to Merchant Banks
Issued pursuant to:
Section 28(3) of the MAS Act
This Notice cancels the Notices and Directives issued under the Monetary Authority of Singapore Act to Merchant Banks (MBs), as MBs will be licensed and regulated under the Banking Act from 1 July 2021.
Amendment Notes
There are no amendment notes for this notice.
Related to this Notice
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ConsultationsLast Revised Date: 30 June 2021
Consultation Paper on Proposed Amendments to Regulations, Notices and Guidelines Arising from the Banking (Amendment) Act 2020 and Other Changes
This consultation paper sets out the remaining amendments to Regulations, Notices and Guidelines for the rest of the Banking (Amendment) Act 2020 (BAA) that have not yet commenced.
- Consultation number:
- P010-2020
- Start date:
- 02 December 2020
- Closing date:
- 15 January 2021
- MAS response date:
- 30 June 2021
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ConsultationsPublished Date: 21 May 2019
Consultation Paper on Regulating Merchant Banks under the Banking Act
This consultation sets out MAS’ proposals to consolidate the regulation of MBs under the Banking Act upon removal of the DBU-ACU divide. MAS also proposes to move MBs to a licensing regime from the current approval framework under the Monetary Authority of Singapore Act.
- Consultation number:
- P009-2019
- Start date:
- 21 May 2019
- Closing date:
- 19 June 2019
- MAS response date:
- 05 November 2019