Notices
 Published Date: 11 December 2023

Notice 1121 Management of Outsourced Relevant Services for Merchant Banks

Requirements that a merchant bank in Singapore has to comply with for the purposes of managing the risks associated with the merchant bank’s outsourced relevant services.
Issued pursuant to:

Banking Act 1970 section 47A(2), (4), (6), (7) and (12) , read with Section 55ZJ of the Act

Applies to: Merchant Bank (Branch) , Merchant Bank (Locally Incorporated)
View Notice Notice 1121 Management of Outsourced Relevant Services for Merchant Banks (226.1 KB)
This Notice is effective on 11 December 2024 and applies to all merchant banks in Singapore. It sets out the requirements that a merchant bank in Singapore has to comply with for the purposes of managing the risks associated with the merchant bank’s outsourced relevant services.

Amendment Notes

There are no amendment notes for this notice.

Resources

Outsourcing Register Template (version 1.1) (1.59 MB)