Notice 1003 Submission of Statistics and Returns
Requirements for merchant banks submitting returns to MAS, including reporting forms, completion notes and submission timeframe.
Notices
Notice 1005 Credit Files, Grading and Provisioning
Requirements for merchant banks on maintaining credit files, grading credit facilities and determining credit loss allowance.
Issued pursuant to:
Monetary Authority of Singapore Act (Cap. 186) section 28(3)
This notice applies to all merchant banks. It covers requirements for:
- Maintenance of credit files and the basic information required for objective credit assessment.
- Grading of credit facilities.
- Recognition of loss allowance for expected credit loss.
Amendment Notes
- 01 Jan 2018
- MAS Notice 1005 dated 29 December 2017 takes effect.
- 01 Jan 2018
- MAS Notice 1005 dated 11 March 2005 (41.3 KB) is cancelled.
- 14 Mar 2005
- MAS Notice 1005 dated 01 November 1985 is cancelled.