Notice 757 Lending of Singapore Dollar to Non-Resident Financial Institutions
Governs the lending of SGD by banks to non-resident financial institutions, including requirements for submitting monthly returns.
This notice applies to all banks in Singapore. It sets out the requirements for banks when:
- Extending Singapore dollar credit facilities to non-resident financial institutions.
- Arranging Singapore dollar equity or bond issues for non-resident financial institutions.
It also sets out requirements for banks to submit monthly returns to MAS on their aggregate outstanding Singapore dollar lending to non-resident financial institutions
- 1 Jul 2021
- MAS Notice 757 (Amendment) 2021 (143.2 KB) dated 28 June 2021 takes effect from 1 July 2021.
- 8 Oct 2018
- MAS Notice 757 (Amendment) 2018 (242.6 KB) takes effect.
- 28 May 2004
- MAS Notice 757 dated 28 May 2004 takes effect.
- 28 May 2004
- MAS Notice 757 dated 20 March 2002 is cancelled.
Related to this Notice
GuidelinesLast Revised Date: 26 May 2022
Guidelines for Operation of Wholesale Banks
Guidelines on the permitted activities and restrictions for wholesale banks.
NoticesLast Revised Date: 28 June 2021
Notice 109 Lending of Singapore Dollar to Non-Resident Financial Institutions
Governs the lending of S$ by insurers (except captive insurers) to non-resident financial institutions, including requirements for submitting monthly returns.
ConsultationsPublished Date: 06 October 2017
Consultation Paper I on Draft Notices and Guidelines Pursuant to the Securities and Futures Act
Consultation on proposed (i) new Notice and Guidelines on Risk Fact Sheet for Contracts for Differences; (ii) amendments to Notice on Risk-Based Capital Adequacy Requirements; (iii) amendments to Notices relating to the lending of Singapore dollar to non-resident financial institutions; and (iv) new guidelines on statutory definition of common investors pertaining to insider trading.
- Consultation number:
- P018 - 2017
- Start date:
- 06 October 2017
- Closing date:
- 03 November 2017
- MAS response date:
- 01 October 2018
FAQsPublished Date: 28 May 2004
FAQ on MAS Notice 757 and Equivalent Notices
Provides clarifications to some frequently asked questions on MAS Notice 757 and equivalent notices.
CircularsPublished Date: 28 May 2004
RMD 25/2004: MAS Notice 757 – Lending of Singapore Dollar to Non-Resident Financial Institutions
Outlines MAS’ policy review of MAS Notice 757 in May 2004.
CircularsPublished Date: 06 December 2000
Internationalisation of the Singapore Dollar
Outlines MAS' review of MAS Notice 757 in December 2000.