Notices
Last Revised Date: 02 December 2021

Notice 1111 Risk Based Capital Adequacy Requirements for Merchant Banks Incorporated in Singapore

 Risk-based capital adequacy requirements for reporting merchant banks incorporated in Singapore.

Issued pursuant to:

Banking Act (Cap. 19) sections 55ZB(1) and 65A(2)  

This notice applies to all locally-incorporated merchant banks. It sets out the capital adequacy ratio requirements for a locally-incorporated merchant bank and the methodology and process for calculating these ratios.

Amendment Notes

01 Jul 2021
MAS Notice 1111 dated 11 June 2021 takes effect.

08 Oct 2018
MAS Notice 1111 (Amendment) 2018 (325.5 KB) dated 05 October 2018 takes effect.

01 Jan 2018
MAS Notice 1111 (Amendment) 2017 (393.6 KB) dated 28 December 2017 takes effect.

31 Dec 2013
MAS Notice 1111 (Amendment) 2013 dated 31 December 2013 takes effect.

01 Jan 2013
MAS Notice 1111 dated 02 November 2012 takes effect.

02 Nov 2012
MAS Notice 1111 dated 15 December 2011 is cancelled.