Guidelines on the Application of Banking Regulations to Islamic Banking
Guidelines for all financial institutions covering MAS' general approach to Islamic banking regulations.
Notices
Notice 640 Minimum Asset Maintenance Requirements
Covers requirements for the minimum amount of eligible assets that foreign banks must maintain in Singapore.
Issued pursuant to:
This notice applies to all foreign banks. It sets out requirements on:
- Maintaining eligible assets in Singapore to meet the asset maintenance requirement at all times.
- Computation of eligible assets and asset maintenance ratio.
- Submission of reports.
Amendment Notes
- 1 Jul 2021
- MAS Notice 640 (Amendment) 2021 (278 KB) dated 11 Jun 2021 takes effect.
- 13 Apr 2011
- MAS Notice 640 (Amendment) 2011 takes effect.
- 07 May 2009
- MAS Notice 640 (Amendment) 2009 takes effect.
- 11 Jun 2007
- MAS Notice 640 dated 06 June 2007 takes effect.