Guidelines for Operation of Merchant Banks [Cancelled]
Guidelines on the permitted activities and restrictions for merchant banks.
Requirements for merchant banks on the issuance and safekeeping of negotiable certificates of deposit and bearer securities.
Banking Act (Cap.19) section 55(1) as applied by section 55ZJ(1)
This notice applies to merchant banks which issue, or act as an authorised depository for negotiable certificates of deposit (NCDs) or bearer securities. It sets out the requirements on issuance and safekeeping NCDs and bearer securities.