Notice 109 Lending of Singapore Dollar to Non-Resident Financial Institutions
Governs the lending of S$ by insurers (except captive insurers) to non-resident financial institutions, including requirements for submitting monthly returns.
Governs the lending of SGD by merchant banks to non-resident financial institutions, including requirements for submitting monthly returns.
This notice applies to all merchant banks in Singapore. It sets out the requirements for merchant banks when:
It also sets out requirements for merchant banks to submit monthly returns to MAS on their aggregate outstanding Singapore dollar lending to non-resident financial institutions.