Notices
Notice 1016 Loss Allowance for Expected Credit Losses on Credit Exposures
Requirements for merchant banks to maintain an adequate loss allowance for expected credit losses on credit exposures.
Issued pursuant to:
Banking Act (Cap. 19) section 55(1)
This notice applies to all merchant banks in Singapore. It sets out the requirements on the recognition of loss allowance for expected credit losses.
Amendment Notes
There are no amendment notes for this notice.