Last Revised Date: 14 December 2007

Notice 628 Securitisation

Requirements and guidelines for all banks involved in securitisations.

This notice applies to all banks in Singapore. It sets out:

  • Mandatory requirements for:
    • Banks acting as ABCP programme sponsors, managers or originators.
    • Banks acting as servicers or providers of liquidity facilities and credit enhancement to securitisations.
  • Non-mandatory guidelines on the responsibilities of banks in respect of their involvement in securitisations.

Amendment Notes

01 Jan 2008
MAS Notice 628 (156.1 KB) dated 14 December 2007 takes effect.
01 Jan 2008
MAS Notice 637 dated 30 September 2005 (last revised on 28 July 2006) is cancelled.