Notices
Notice 648 Issuance of Covered Bonds by Banks Incorporated in Singapore
Requirements that banks incorporated in Singapore must comply with when issuing covered bonds.
Issued pursuant to:
This notice applies to all banks incorporated in Singapore. It sets out the requirements that banks have to comply with when issuing covered bonds. These include:
- Cover pool assets and encumbrance limit.
- Risk management requirements.
- Notification and other requirements.
Amendment Notes
- 16 Oct 2020
- MAS Notice 648 (Amendment) 2020 (438.4 KB) takes effect.
- 04 Jun 2015
- MAS Notice 648 (Amendment) 2015 (89.7 KB) takes effect.