Directive 1 Minimum Capital Requirement [Cancelled]
Sets out the minimum paid-up capital and minimum capital funds of a merchant bank.
Notices
Notice 1001 Definition of Capital Funds and Head Office Capital Funds
Definition of "capital funds" and "head office capital funds" for merchant banks.
Issued pursuant to:
This notice applies to all merchant banks. It sets out definitions for the terms "capital funds" and "head office capital funds".
Amendment Notes
- 01 Jul 2021
- MAS Notice 1001 dated 28 June 2021 takes effect.
- 01 Jul 2021
- MAS Notice 1001 dated 15 December 2011 (last revised 22 January 2018) (149.2 KB) is cancelled.
- 22 Jan 2018
- MAS Notice 1001 (Amendment) 2018 (202.5 KB) takes effect.
- 01 Apr 2012
- MAS Notice 1001 dated 15 December 2011 takes effect.
- 01 Apr 2012
- MAS Notice 1001 dated 1 November 1985 is cancelled.