Notices
Last Revised Date: 27 September 2021

Notice 1015 Minimum Liquid Assets and Liquidity Coverage Ratio

Requirements for merchant banks to comply with the minimum liquid assets (MLA) or the liquidity coverage ratio (LCR).

Issued pursuant to: Banking Act (Cap. 19) sections 55ZG(1) and 65(2)

This notice applies to all merchant banks in Singapore.

It sets out the minimum liquid assets (MLA) requirements and the liquidity coverage ratio (LCR) requirements that a merchant bank has to comply with.

Amendment Notes

28 Sep 2021
MAS Notice 1015 (Amendment) 2021 (149 KB) dated 27 September 2021 takes effect.

28 Jan 2020
MAS Notice 1015 (Amendment) 2020 (935.2 KB) dated 22 January 2020 takes effect.