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:

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

View Notice Notice 640 Minimum Asset Maintenance Requirements (60.2 KB)

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.

1 Jul 2021

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.

Amendment Notes