Notice 601 Capital Funds and Head Office Capital Funds

Defines the terms "capital funds" and "head office capital funds".

Capital Adequacy

Issued pursuant to:

Banking Act (Cap. 19) section 2 and section 9

Applies to: Full Bank (Locally Incorporated) , Full Bank (Branch) , Wholesale Bank (Branch) , Wholesale Bank (Locally Incorporated)

View Notice Notice 601 Capital Funds and Head Office Capital Funds (419.3 KB)

This notice applies to all banks in Singapore. It sets out the definitions for the terms "capital funds" and "head office capital funds," which banks must adhere to.

1 Jul 2021: MAS Notice 601 (Amendment) 2021 (498.4 KB) takes effect.
22 Jan 2018: MAS Notice 601 (Amendment) 2018 (223.9 KB) takes effect. For banks with annual periods commencing after 22 January, the notice takes effect from the day on which that annual period commences in 2018.
11 Jun 2007: MAS Notice 601 dated 6 June 2007 takes effect.
11 Jun 2007: MAS Notice 601 dated 18 July 2001 is cancelled.