Notice 639 Exposures to Single Counterparty Groups [Cancelled]

Rules to measure and limit a locally-incorporated bank's exposures to a single counterparty group. This notice was cancelled with effect from 01 July 2021.

Credit Risk

Issued pursuant to:

Banking Act (Cap. 19) section 29(1)

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

View Notice Notice 639 Exposures to Single Counterparty Groups [Cancelled] (101 KB)

Please refer to Notice 656 Exposures to Single Counterparty Groups for Banks Incorporated in Singapore for the rules to measure and limit a locally-incorporated bank's exposures to a single counterparty group.

01 Jul 2021: MAS Notice 639 dated 06 June 2007 (last revised on 21 September 2020) (267.3 KB) is cancelled.
01 Oct 2020: MAS Notice 639 (Amendment) 2020 (362.9 KB) takes effect.
17 Feb 2014: MAS Notice 639 (Amendment) 2014 (32.3 KB) takes effect.
31 Dec 2009: MAS Notice 639 (Amendment) 2009 takes effect.
11 Jun 2007: MAS Notice 639 dated 06 June 2007 takes effect.
11 Jun 2007: MAS Notice 623 dated 11 November 2002 and MAS Notice 629 dated 04 January 2006 are cancelled.