Last Revised Date: 24 June 2022

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 1970 sections 55ZG(1) and 65A(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.