Notices
 Last Revised Date: 11 June 2021

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. 
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. 

Amendment Notes

01 Oct 2020
MAS Notice 639 (Amendment) 2020 (362.9 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.