Notices
 Last Revised Date: 29 June 2021

Notice 811A Credit Files, Grading and Provisioning - COVID-19

Requirements for finance companies on maintaining credit files, grading credit facilities and determining credit loss allowance.
Issued pursuant to: Finance Companies Act (Cap. 108) section 30
Applies to: Finance Company
View Notice Notice 811A Credit Files, Grading and Provisioning - COVID-19 (189.9 KB)
This notice applies to all finance companies in Singapore. It sets out the credit grading treatment, for credit facilities granted support measures by finance companies in response to the on-going novel coronavirus (“COVID-19”) outbreak, for the period beginning on 1 January 2021 and ending on 31 December 2021 (both dates inclusive).

Amendment Notes

16 Mar 2021
MAS Notice 811A dated 15 March 2021 takes effect.

Resources

MAS Notice 811A - Process Flowcharts (396.3 KB)